News

Partners Skylark Resources and Pic Prospectors International say deep drilling will not begin at the Pan property at Carlin, Nev., until mid-April. The program was originally scheduled to begin this m…

Stock brokers see their job as one of bringing together buyers and sellers of securities for their mutual benefit. For their services, brokers have traditionally received a handsome fee. But times a…

An $8.8-million(US) gold loan has been completed by Pacific Trans-Ocean Resources with Lloyds Bank Plc. The financing will cover funding for the Ketza River gold mine development under way in the Yuko…

A junior mining firm incorporated in 1985, Exploration Vent d’Or (Gold Wind Exploration) of Val d’Or, Que., was recently listed for trading on the Montreal Exchange (symbol von). The company was origi…

In a recent announcement that should have surprised no one, Minnova Inc. of Toronto said it will put its massive sulphide Ansil copper project in northwestern Quebec into production, with start-up exp…

A 3% interest in the Siscoe- extension property, located six km northwest of Val d’Or, Que., is being acquired by Armeno Resources from Maufort Resources. Maufort has an 85% interest in the property. …

Mining concerns devote the majority of their time and creative talents to the traditional aspects of the industry exploration, discovery and production. Cash flow is always important, but has been vie…

Contrary to a statement made in an article appearing in the January 25, 1988, edition (“Shabu share trading still subject of rcmp probe”), Harvey Rubenstein was not in fact a director of Shabu Gold Mi…

Explorations of Toronto an option to earn a 50% interest in a 14-claim property in Tully Twp., 40 km northeast of Timmins, Ont. Under an agreement, after New Texmont has spent $400,000 within one year…

Results are now available from a recently-completed airborne geophysical survey covering an area of 6,000 square kilometres surrounding the city of Timmins, and conducted by Ontario’s ministry of nor…

A new royalty agreement has been signed by partners in the Buckhorn heap leach gold mine in Nevada. The agreement clarifies the recovery by Cominco Resources International (76% interest) and Equinox R…

Nevada geologists refer to it as the unknown factor in the business of mining gold reserves. In the wake of one thunderous splash, it can put a damper on even the most sophisticated mining plan, or at…