News

The mining consulting firm of Derry, Michener, Booth & Wahl may have dissolved its partnership practice toward the end of 1990, but its Mining House division of Toronto carries on. Charles Pitcher, a …

Special shareholders’ meetings will be held in early June to consider a proposal to amalgamate Royal Oak Resources (TSE) and four associated companies into a new, Vancouver-based intermediate gold pro…

Gold funds as of Apr. 23 BGR Central Net Value $9.22 $5.14 Price $7.63 $4.650 Discount 17.25% 9.5% Value $54,887,148 $78,232,995…

In the 1986 annual report of Madeleine Mines the company states that “in the event that no merger is consummated, Madeleine has the option to bring the Lac des Iles property (a platinum group metals p…

Noranda Minerals, a division of Noranda (TSE), has acquired an additional 364,745 common shares (3.9%) of Freewest Resources (TSE). Purchased at $4 each as part of a financing agreement between the tw…

With winter exploration programs finished, and summer programs not yet under way, trading activity on the VSE can only be described as flat in this “in-between season.” May is also expected to be fair…

Toronto-based Greenstone Resources (TSE) and partner Boliden International Mining of Sweden continue to obtain encouraging results while drilling their Santa Rosa gold property in Panama. Greenstone s…

In a bid to increase their exposure to any new gold discoveries on Nevada’s rich Carlin gold trend, royalty specialists Franco-Nevada Mining (TSE) and Euro-Nevada Mining (TSE) have carved out a new de…

Trading heavily for the past two weeks, Holcorp Gold Mines has agreed to pay US$3.75 million for TSC Enterprises, a subsidiary of copper producer Arimetco. TSC’s sole asset is the Emerald Isle Copper …

Speculation of a successful merger between Jerome Gold Mines and privately owned International Platinum has driven the share price of Jerome to 11 cents, up 6 cents from last week’s close on a volume …

Falconbridge has elected to spend $35 million over the next 18 months on an underground exploration program designed to evaluate the potential of its Raglan nickel project in Ungava, Que. The decision…

Recently, I attended a mineral industry conference and exhibition in Stewart, B.C., a small coastal town of about 1,500, with a strong mining heritage that dates back to the beginning of the 20th cent…