Canamax renegotiates Amax loan agreement
Vancouver-based Canamax Resources (TSE) has renegotiated the terms under which it will repay the $7.3 million it owes to Colorado affiliate Amax Gold (TSE). At a special meeting in Toronto, shareholde…
Vancouver-based Canamax Resources (TSE) has renegotiated the terms under which it will repay the $7.3 million it owes to Colorado affiliate Amax Gold (TSE). At a special meeting in Toronto, shareholde…
Long-awaited signs of a significant renewal in the amount of base metal exploration activity in Canada have appeared just as a new decade gets under way. Senior and junior mining companies alike are p…
As a new decade gets under way, it is certain that last year’s wave of mergers, acquisitions and corporate restructuring efforts will begin to take effect on a number of mining companies. The mining i…
LAC Minerals (TSE) has declared a semi-annual dividend of 7 cents , an increase of 1 cents , on its common shares, payable Dec. 1 to shareholders of record Nov. 10.
A 75% interest in the Beauchastel gold project, owned by problem- plagued Augmitto Explorations (TSE), will be acquired by Radisson Mining Resources (ME). Under the terms of an agreement, Radisson has…
Henry George, an ardent American proponent of free trade 100 years age, made these comments which still hold meaning today: It might be in the interest of lighting companies to restrict the number a…
A drilling program is under way at the Aldermac group of base metal properties near Rouyn-Noranda, Que., Deak Resources (TSE) reports. A minimum 15,000 ft. of drilling will be conducted by Feb. 28, ut…
It was all quiet on the Alberta front this week as investors seemed reluctant to shrug off their New Year hangovers and return to the business of buying and selling resource stocks. As a result, the w…
Having completed the first stage of exploration work on the MWF property in Matheson Twp. near Timmins, Ont., Anglo-Canadian Mining (TSE) reports a final narrow, gold-bearing intersection. Hole No. 11…
A Saskatoon, Sask., company Golden Marlin Resources (VSE), says it has received check assays on several samples extracted from its Northwest gold joint venture with Cameco near Yellowknife, N.W.T. Cam…
The long-dormant Canadian subsidiary of Kennecott Corp., backed by its parent company’s renewed commitment to exploration, is beefing up staff, dusting off a decades- old inventory of properties and j…
Belmoral Mines (TSE) has reached an agreement with U.S. company Metals Research (NASDAQ) to sell almost all of its interest in Arizona heap leach gold miner Roddy Resources (TSE). Under the agreement,…
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