The flagship of R. A. Bruce McDonald’s growing mining empire is going public. Noramco Mining Corp., which is being touted as a mining finance house, plans to raise $50 million via a unit offering bein…
This will be one of the busiest exploration years in recent memory for Lacana Mining Corp.’s staff in Canada. About 36 projects, emphasizing precious metals exploration, are planned across Canada. Lac…
Eldorado shareholders, who will probably meet before the end of March, are due for some pleasant surprises, The Northern Miner can say after interviewing officials who have returned from the property …
A 25% interest in 236 claims has been acquired by Brent Resources. A 136-claim block is located in the Casa Berardi-Joutel area of Quebec. The remaining 100 claims are further north, in the Detour-Sel…
Like any lifelong prospector, John Larche has his share of stories to tell. Like the time he stepped out of his airplane onto a frozen lake, only to break through the ice. Hanging on for his life to …
The huge Quintette coal project in northeastern B.C. “can be scuttled by all partners in it, but mainly by the Japanese steel industry and the banks,” Stephen B. Roman, chairman of Denison Mines Ltd. …
The agreement by major industrialized nations to halt or at least control the fall of the U.S. dollar should have been bad news for gold. But Brazil’s decision to suspend payments on its international…
An important new gold discovery has been quietly worked at surface and probed by drilling on the Cassels-Duval property in the north part of Bousquet Twp., Que. Encouraging gold values were returned a…
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A gold discovery has been made by partners Captain Consolidated Resources and Koala Resources on their Pukaskwa property. The claims are located in a greenstone belt nine miles northwest of the Mishib…
Millstream Mines says it expects to start a preliminary exploration program early this year on 200 unpatented mining claims located in the Oba region of Ontario. The company has a 100% interest in the…
Toronto-listed Pronto Explorations has entered into an agreement for a private placement of $1.4 million of flow-through shares of the company’s common shares. The proceeds will be directed to the com…
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