The result of a recently completed airborne geophysical survey covering an area of 4,000 sq km surrounding Wawa, Ont., have been released, Mines Minister Sean Conway said recently. “These are the firs…
Euro-Nevada Mining Corp. has entered into an agreement for the acquisition of a 3% net smelter return on the Marigold mine near Battle Mountain, Nev., fo r $2,187,500 (US), decreasing to 1.75% nsr aft…
A number of companies associated with promoters David Ward and Edward Carter have been halted by the Vancouver Stock Exchange until management changes are made. The VSE contends their continued associ…
Windarra Minerals (VSE) reports that its initial private placement with Hemlo Gold Mines (TSE) has been completed. The placement consisted of two million shares at $2 per share, providing $4 million t…
An $8.5-million debt financing has been completed by Stan West Mining (TSE) which will fund development at the company’s McCabe gold project in Arizona. Placed with Elders Finance Group, an Australia…
In times of prosperity, Inco Ltd. (TSE) has shown that it is prepared to share the spoils with its employees. That became obvious recently when about 6,300 hourly paid Inco workers voted to accept a n…
The current uncertainty in the U.S. uranium market could be cleared up soon. Unconfirmed rumors are that the U.S. government is prepared to put up about $1 billion for uranium tailings reclamation wor…
If Richard Nemis was a little overexuberant in his analysis of Central Crude Ltd.’s (VSE) achievements in the Mishibishu, Ont., gold camp, no one at the company’s annual meeting could really have blam…
While fears of rising inflation and interest rates means that investment opportunities among Canadian gold stocks have been few and far between, the outlook for the price of gold appears to be good. A…
With production expected to begin at two new U.S. gold mines, 1988 will be a busy year for Vancouver-based Galactic Resources (TSE). As the company attempts to establish itself as a major gold produce…
A U.S. subsidiary of Musto Explorations (TSE) may have to file for bankruptcy. St. George Mining’s Apex project in Utah has been shut down since Sept 1, 1987, and the company is currently seeking reli…
Redfern Resources (VSE) has agreed to issue 400,000 flow-through shares to NIM Resource — 1988 and Co. Ltd Partnership at a price of 95 cents per share. . T The company has also agreed to offer 35…
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