Parquet Resources of Toronto will raise between $1.7 million and $5 million from a flow-though share issue to finance continuing work at the company’s gold properties in Val d’Or, Que. and Beardmore, …
Bateman Bay Mining reports it has raised $150,000 through a private placement, which will be used to provide working capital for company operations. The private placement covers acquisition by the inv…
Spot closing prices in Pound Sterling per tonne Date Oct. 13 Oct. 12 Oct.9 Oct. 8 Oct. 7 Copper 1199-1201 1202-1203 1185-1186 N/A 1169 -1170 Lead 369-371 367-36…
It is amazing what good planning can do for a mine. Thanks to a new ramp, being driven this year by Giant Yellowknife Mines (the operating arm of parent Pamour Inc.) to connect all levels in the big 1…
Associated Porcupine Mines has declared a stock dividend of one common share of Tanager Resources (formerly 716206 Ontario Ltd., a wholly-owned subsidiary of Associated Porcupine Mines, for each commo…
Following closely on the decision to develop its Maria copper deposit in Mexico, Cominco Resources International has released another good hole from its Buckhorn mine in Nevada. At this point the disc…
Taking its cue from the larger North American stock markets, the Montreal Exchange this holiday- shortened week went into a general nosedive. Trading in resource issues fared better, with the mining a…
A major drill program has been completed on a property held by Atlanta Gold in Idaho. The work involved 14,046 ft of reverse circulation drilling and 3,045 ft of diamond drilling which was designed to…
A private placement of shares and warrants will raise Belmoral Mines’ interest in Canreos Minerals (1980) from 14% to 39.6%. Under the agreement, Canreos will issue Belmoral two million shares at 80 c…
Production is scheduled to begin in February at Cliff Resources’ Olinghouse placer gold mine in Nevada, the company reports. Cliff is forecasting a production rate of 25,000 oz gold per year; three ye…
A stay of execution has been granted Lac Minerals in the Page Williams gold mine transfer by Justice Alvin B. Rosenberg of the Supreme Court of Ontario, pending Lac’s application for leave to appeal t…
On Oct 4, negotiators for Canada and the United States reached agreement on the substance of a free trade agreement. The agreement still must be approved by the U.S. Congress and by the Parliament of …
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