A $1-million private placement will enable cobalt explorer Formation Capital (FCO-T) to develop its Sunshine project in east-central Idaho.The financing will consist of 4 million units priced at 25 ce…
Inter-Rock Minerals (IRO-T) has followed in the footsteps of many of its peers by posting a loss for 1998.The loss totalled US$1.42 million (or 9 cents per share), compared with a loss of US$1.79 (11 …
Newmont Mining (NEM-N) is selling its 65% interest in Alaska’s True North gold project to Kinross Gold (K-T) for US$28 million.As a result, Kinross, which already owns a minority stake in the 10,000-a…
Diamond exploration in West Greenland has yielded some interesting counts from surface sampling of float boulders on a 51-49 joint venture project held by Monopros and Dia Met Minerals (DMM-T).A 140-k…
An independent consulting firm has updated reserves and resources at the Madsen and Seabee gold mines, both of which are owned by Claude Resources (CRJ-T).A.C.A. Howe International pegs Madsen’s minab…
Partners Auspex Minerals (APJ-V) and International Vestor Resources (IVS-V) have tabled impressive assay results from the first six holes of a third-phase, 12,000-metre program at the Aljustrel polyme…
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateApril 13April 12April 9April…
William Resources (WIM-T) has acquired from subsidiary Rux Resources (RUXR-C) a small royalty in the Shkolnoye gold project in eastern Russia.In lieu of a debt, the company received 1.5% of Rux’s 10% …
Despite startup problems, Alta Gold (ALTA-Q) has reduced cash costs at the newly opened Olinghouse gold mine, 30 miles east of Reno, Nev.During its first three months of operation, the mine incurred c…
Junior Camnor Resources (CMB-V) has announced plans to drill-test three of the 18 Alaskan properties in which it has interests.Discovery Gulch — Initially, drilling will focus on the Discovery Gulch …
April 19, Alberta Star April 19, Blackpool April 19, Bonus April 19, Cdn. Mining April 19, Complex April 19, Int’l Dunlap April 19, Iriana April 19, Jordex April 20, Bitterroot April 20, Classic Gold …
Anmercosa Explorations, a subsidiary of Anglo American (ANGLY-Q), has drilled several shallow gold intersections at the Razorback licence in the Lupa goldfields region of southwestern Tanzania.Rotary …
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