A member of the Agnico-Eagle Mines (TSE) group of companies, Goldex Mines (TSE), has agreed to pay Montreal-based junior Ormico Exploration (ME) $2.05 million for its 40% interest in the Goldex Extens…
A joint venture agreement allowing Yellow Point Mining (VSE) to earn an interest in the Kasperske Hory gold deposit in Czechoslovakia was recently terminated. Yellow Point President Thomas Tough said …
An agreement-in-principle sets the stage for 007 Precious Metals (VSE) to earn a majority interest in Freegold Recovery’s (VSE) interest in the Golden Summit project near Fairbanks, Alaska. The terms …
The terms of a financing agreement were settled between Formosa Resources (VSE) and its major shareholder, respecting the US$2.09 million advanced to Formosa for ongoing operating expenses. The compan…
Three environment-related research and cleanup projects will receive grants from Ontario’s Ministry of Northern Development and Mines. The ministry will contribute $15,000 to Falconbridge Ltd.’s study…
Drilling by Westmin Resources (TSE) is continuing to intersect impressive ore-grade mineralization in the Battle and Gap zone discoveries at the Myra Falls mine property near Campbell River, B.C. A re…
Guest speaker at a Nov. 26 luncheon sponsored by the Toronto Branch of the Canadian Institute of Mining, Metallurgy and Petroleum will be Brian Meikle. He will give an update of his namesake project i…
Mineral resources have contributed greatly to Australia’s growth and continue to do so, a luncheon gathering of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) w…
The 1992 Nevada Excellence in Mining Reclamation Award was presented recently to USMX at the Nevada Mining Association’s annual meeting. The award is jointly sponsored by Nevada, the U.S. Bureau of La…
Mexico is experiencing a modern-day exploration boom, the direct result of radical changes to its mining laws. Rich in minerals, the country is the world’s largest supplier of silver and exports large…
The constitutional referendum is past but not forgotten. In the days following the vote, the economy seems destined to become the favored topic, but mark our words, the constitutional debate may be ta…
Mining executive John Ralph Needham died recently in Toronto. He was 64. Needham was best known as a founding member of the Ontario Mining Equipment and Services for Export (OMESE), which was establis…
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