News

Carolina Gold Resources Ltd. (CJE:VSE) has changed its name to Rutherford Ventures Corp. (RVC:VSE) with a consolidation of capital on a 1-new-for-2-old-share basis. The transfer agent is Pacific Corpo…

The recent joint-venture agreement between BMR Gold (TSE) and Rea Gold (TSE) will lead to a 2-phase development and operation program at BMR’s Comstock gold project near Carson City, Nev. Rea Gold wil…

The Clinton administration in the U.S. is proposing a 12.5% royalty on hardrock minerals mined on public lands. President Bill Clinton’s economic plan to revive the American economy would also see a t…

Fresh from its anouncement of the acquisition of Nerco (NYSE), Kennecott says it has agreed to purchase Cordero Mining Co. which operates a low-sulphur coal mine in Wyoming’s Powder River Basin. Nerco…

Diamond stocks sprang back to life during the week ended March 2 with several of the main Lac de Gras, N.W.T., players touching new highs on speculation over spring drilling programs. Among those ente…

Joint-venture partners Carson Gold (VSE) and Venezuelan Goldfields (VSE) are further expanding their land package in the Kilometre 88 district of Venezuela. The two companies have entered into an agre…

The asbestos assets of Societe d’Exploration Miniere Mazarin (ME) are paying off. The Quebec City-based company reports nine-month net earnings of $9.7 million (27 cents per share, diluted). During th…

In a deal that works out to be roughly 5 cents on the dollar, Royal Oak Mines (TSE) is proposing to acquire the Colomac gold mine and related assets 130 miles north of Yellowknife, N.W.T. The acquisit…

“I’m now retired but busier than ever,” John Zigarlick, former president of Echo Bay Mines (TSE), told a recent luncheon meeting of the Toronto Branch of the Canadian Institute of Mining, Metallurgy a…

Clearing the first hurdle in a feasibility study on its Natashquan deposit in Quebec, Tiomin Resources (ME) has produced a clean concentrate of heavy minerals, including iron, ilmenite, zircon and gar…

Looking at stock market performance during the past two years, the trend, in technical terms, could best be described as a sideways correction: the TSE 300 index ran up strongly in late 1990 from the …

Canada should follow Mexico’s lead and issue a general circulation silver coin. Up until the early 1960s, the Royal Canadian Mint struck its dimes, quarters and dollars in silver, but stopped when the…