Royex Gold Mining has apparently given up its intention of accumulating a 50% interest in Canadian Premium Resource Corp. as a means of gaining a stake in northern Saskatchewan’s Jolu gold property an…
With plans of a drilling program this year Camreco Inc. is going “to try to make something out of” the Goldlund Mines’ mining and milling operation on 83 contiguous claims near Sioux Lookout in northw…
Scintrex Ltd. has signed a $1 million contract with the Ministry of Nuclear Industry of the People’s Republic of China to outfit an aircraft with a complex airborne geophysical system including a high…
Management of Nor-Acme Mines is hoping to complete an agreement between Nor-Acme and another company within “two to three months,” director David Mosher tells The Northern Miner. If successfully compl…
Ste-Genevieve Resources reports it has entered into an agreement with the Norex (60%)-Cambior (40%) joint venture to acquire a 30% participating interest in the Waite- Camac base metal property stradd…
The Labrador trough area of northeastern Quebec has long been the subject of mineral exploration with some notable successes, but to the west of that regional geological feature exploration has been n…
Control of United Mining Corp. could pass to a European group following the completion of a deal between United and a U.S.-based company, El Dorado Gold Mines. Under the terms of the agreement, United…
Due to depressed base metal prices, Sherritt Gordon Mines is writing off $24.6 million, which represents the carrying value of the company’s Ruttan mine in Manitoba. At present prices, Sherritt says t…
A contract has been let for the construction of a 500-ton-per-day carbon-in-leach mill facility by Nevada Goldfields Corp. The mill is expected to start processing ore from Nevada’s Kingston mine in N…
The most active issue on the Montreal Exchange this short holiday week was Yorbeau Resources, unchanged at 70 cents on 425,600 shares. Company officials said they knew of no reason why the stock had …
The end of a calendar year and the beginning of a new one are generally indecisive times for stock markets, Vancouver being no exception. Trading activity has been slow with Tangent Oil and Gas and Sk…
The market ends the year on a firm and upbeat note, despite the quiet post-Christmas trading. At noon the widely-followed composite 300 was up 3.15 pts to 3048.28, a 5% improvement over the 2,900.60- …
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