The U.S. Bureau of Mines (USBM) has been involved in an extensive program review as part of the National Performance Review undertaken by U.S. Vice-president Al Gore at the direction of the president….
Alberta-listed Savanna Resources has been granted an additional six prospecting permits in the Foxe fold belt of central Baffin Island. This brings its total number of permits to 10. Noranda Explorati…
A new gold zone has been intersected on the Douay North-West property near Joutel, Que. Soquem is earning a 60% interest from Societe d’exploration miniere Vior (ME) by completing a drill program. The…
Companies heavily dependent on zinc operations have not fared well in recent years, and Cominco (TSE) is no exception. The major posted a loss of $113.2 million for 1993, which follows a loss of $30.2…
Vancouver-listed junior Diamond Fields Resources will assume total ownership of the Loxton Dal and Frank Smith mines in South Africa. Chairman Jean-Raymond Boulle has announced plans to acquire an out…
Gold bullion prices were again weaker, but the slide was at least minor compared with that of last week. Spot prices were off US$1.05 per oz., closing at US$376.45. In spite of bullion weakness, the T…
Bamco Minerals — 1 million shs @ 20 cents per sh. Blackpool Exploration — 2.2 million shs @ 15 cents per sh. Dalton Res. — 2 million shs @ 10 cents per sh. Early Res. — 1.5 million shs @ 10 cents …
Junior T&H Resources (TSE) is negotiating with Michael Zhang for the right to acquire up to a 60% interest in a cement plant, near Changchun in southeastern China. By way of a private placement, Zhang…
Toronto-based Conwest Exploration (TSE) has acquired about 3 million shares of Jascan Resources (TSE), raising to 30% its interest in the Toronto-based junior. The units, representing 16.1% of Jascan’…
The battle for riches from Ontario’s famous Hemlo gold camp is back in the courts. Three motions are to be heard this week in the Ontario Court, General Division, regarding the 7-year-old lawsuit brou…
(The following is the concluding instalment of a 3-part story.) Now wholly convinced by Henry Janin’s US$4-million evaluation of their play, the backers were determined to take the thing public. The S…
A $60-million exploration program is planned for the deep Victor base and precious metal deposit just north of Sudbury, Ont. Inco (TSE) is waiting for provincial government approval to begin a drillin…
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