Results from an underground exploration program on the Eastmain gold deposit are confirming “the excellent values previously obtained by surface drilling,” MSV Resources says. Located east of James Ba…
Senior appointments by Placer Dome Inc. include some changes over those announced at the time of the formation of the big new gold company. A joint statement from Chairman Fraser Fell and President an…
The market collapse of Oct 19, which is becoming known as the infamous Black Monday, made certain not to ignore the poor cousins of the Toronto Stock Exchange — the coats-listed issues. Chance Mining…
Encouraging drill results have been returned from a program being conducted by joint venture partners Freewest Resources, Noranda Exploration, Prophet Resources and Cline Development. The work is bein…
Oct. 20 Oct. 19 Oct. 16 Oct. 15 Oct. 14 Gold London Bullion Dealers afternoon (morning) $US per oz. 464.30(481.60) 481.00(479.50) 465.25(464.25) 466.60(461.75) 460.80(459.45) Gold Bank of Nova Scotia…
Grandview Resources is considering the sale of its Carson Hill gold mine in California. Investment banking firm Bear, Stearns & Co. is providing financial advisory services for the possible sale. Seve…
A gold loan will be used by International Corona Resources to repay its share of the financing of the David Bell mine in the Hemlo area of northern Ontario. The company reports a wholly- owned subsidi…
The Vancouver market has been sliding for over a month but Monday’s crash was totally unexpected. Ironically it happened three years to the day after the infamous Black Friday of Oct 19, 1984 when a s…
Armistice Resources has awarded a $4-million contract to Dynatec Mining for the rehabilitation of the Armistice Exploration shaft on the company’s Sheldon-Larder property in northwestern Ontario. The …
Junior-mining firm Lencourt Ltd. has signed an agreement to acquire a 50% working interest in the Slate Creek chrysotile asbestos deposits in Alaska from Tanana Asbestos Corp. along with a royalty int…
Canada’s two chief political spokesmen for the mining industry appear to be at odds over the recent Canada-U.S. free-trade agreement. In a recent interview with The Northern Miner, the federa…
Two separate property deals in northwestern Quebec have been struck involving Mazarin Inc. and Dufresnoy Inc. In the first deal, Mazarin has acquired an option to purchase a 50% interest in Teck Corp….
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