News

U.S. uranium tailings plan could end trade dispute

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…


Central Crude play paying off for Noranda

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…


Investment Comment Sulphurets makes Newhawk a buy

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…



Musto subsidiary near bankruptcy

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 flow-through

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…


Training conference

A training conference titled TRAM XV (Training Resources Applied to Mining) is scheduled for Aug 7-10 at West Virginia University’s Evansvale campus in Morgantown, W. Va. Delegates to the conference, …


Andaurex option deal

A joint venture agreement has been signed between Andaurex Resources (VSE) and High Frontier Resources, a private company. High Frontier has the right to earn a 50% interest in Andaurex’s gold propert…


Meeting will focus on mineral economics

The 5th Minerals Economics Symposium, a bi-annual meeting sponsored by CIM (Canadian Institute of Mining and Metallurgy), is set for Jan 24-26, 1989, at Toronto’s Westin-Harbour Castle Hotel. The symp…




Battle Mountain backs out of deal with Noramco

A proposed $40-million deal between Battle Mountain Gold (TSE) and Noramco Mining Corp. (TSE) has collapsed following a review of Noramco’s projects by Battle Mountain. The big U.S. gold miner had agr…


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