Deak International Holdings has completed a private placement designed to reduce the amount owed to it by affiliate Deak Resources (TSE). But plans to install a base metal circuit at Deak’s Kerr mill …
A unit of Echo Bay Mines (TSE) recently awarded a research grant of about US$112,000 to the University of Alaska’s mineral industry research laboratory. The grant will support a 1-year study of rocks …
Passed away, on August 11th, 1991, at the age of 76, at Rouyn-Noranda’s Hospital, Dr. Walter Norman Ingham, from Markham, Ontario. He leaves his 6 children: Mary-Margaret, Jane, Edward, Diane, Norman …
Having successfully acquired the Pamour group of companies, Royal Oak Mines (TSE) is expanding its position in the Timmins, Ont., gold camp where it is already an established producer. Royal Oak says …
Earnings for former copper producer Brenda Mines (TSE) reached $1.5 million during the second quarter ended June 30. With over $100 million in cash and no significant operations, the company’s revenue…
The lender to the Ivanhoe joint venture has agreed to extend a term loan to joint venture partners Galactic Resources (TSE) and Cornucopia Resources (TSE). The companies owed US$6.86 million at the en…
Record gold production was reported for the 1991 second quarter and first half at the Crowfoot/ Lewis mine in Nevada owned by Hycroft Resources (TSE). Gold production for the second quarter ended June…
Cleveland-based M.A. Hanna Co. is negotiating with Mitsubishi Corp. to sell to the Japanese company a 20% interest in Iron Ore Co. of Canada of Montreal. Hanna has an approximate 28% stake in Iron Ore…
The crew at Crown Butte Resources’ New World project in Montana is not taking a break this summer. Five diamond drills and two reverse circulation drills are working on two of the property’s deposits:…
The acquisition of the remaining outstanding shares of Norgold Resources has been completed by Bema Gold (TSE). Bema acquired 93% of Norgold’s outstanding shares under a takeover bid earlier this year…
The Women’s Association of the Mining Industry of Canada (WAMIC) has scheduled its “South of the Border Fiesta” for Saturday, Sept. 7, at Sheehan Farms at Caledon East, Ont. The Fiesta, to be open fro…
Newfoundland Goldbar Resources, a private company, has purchased shares of Varna Gold (ASE), previously held by former president Gordon Barron. Barron, who was slapped with a 7-year trading ban at the…
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