Interest rate fears took a back seat to investor desires to squeeze out more profit from the summer rally. During the week, the composite reached a new high before settling back to 3,454.9 pts — down…
Gold production from the Golden Reward property in South Dakota is expected to begin within six months, Thomas Skimming, chairman and chief executive officer of Coin Lake Gold Mines (TSE), told shareh…
Toronto-based Platinova Resources (TSE) and International Corona Resources (TSE) have agreed to become joint venture partners, at Platinova’s East Greenland exploration concessions. In 1987, extensive…
Recent drilling has increased probable reserves on the Addington gold property in southeastern Ontario. Michele Gold Mines (VSE), which has an option to earn a 49% interest from Cathedral Gold Corp. (…
A few days ago a small airplane buzzed by outside the window of William James’ office on the 40th floor of Commerce Court, in downtown Toronto. The Falconbridge Ltd. (TSE) 0000,0600 chairman was intri…
Rumors of unrest within the hierarchy of Asamera Inc. (TSE) and its minerals subsidiary are apparently not unfounded. Bruce Kennedy, Asamera Minerals’ dynamic ex-president, has left and several other …
Inspiration Resources Corp. (TSE) has completed the sale of substantially all the assets of its U.S. subsidiary, Inspiration Copper Co., to Cyprus Minerals Co. for approximately $125 million in cash. …
A 30,000-ft drill program is in progress on the Iris gold property held by partners Perrex Resources (ASE) and The Alberta Gold Exploration Corp (ASE). Located in the Harker-Holloway area east of Math…
Explaining why its recently proposed merger with Pegasus Gold (NASDAQ) ended in failure, CoCa Mines (NASDAQ) said in a shareholder’s letter that it also held serious negotiations with USMX Inc. of Den…
In a package deal that involves two separate agreements, Placer Pacific, a subsidiary of Placer Dome (TSE), has acquired a potential gold producer in Western Australia and a number of other properties…
A holiday shortened week took its toll on COATS-listed issues. Newfield Mines continued firm at $5 on volume of 5,600 shares. The company will be merged with TSE- listed issues Jonpol Explorations and…
Trucking of ore from a Garrison Twp., Ont., property to the Macassa mill in Kirkland Lake will be considered by Lac Minerals (TSE), a Lac spokesman tells The Northern Miner. The operation is contingen…
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