News

An agreement whereby Camindex Mines could earn a one-third interest in the properties of Dundee-Palliser Resources in the Casa Berardi area of Quebec in exchange for expenditures of $1,340,000 to be i…

Cove Energy Corp. has acquired three claim blocks, totalling 47 units, adjacent to the Skyline Exploration gold discovery property in northern British Columbia. President Richard N. McRae says Cove ha…

Work on the retreatment of mine tailings at its Yellowknife location in the Northwest Territories will proceed, says Toronto-listed Giant Yellowknife Mines. Highlights of a recent directors meeting in…

Reno Calobrigo sells salami and cheese in Vancouver. Late last year he was also president of Consolidated Cinola, a Vancouver and nasdaq-listed exploration company which now, under a new name City Res…

Just when investors thought trading on the Toronto Stock Exchange had gone about as high as it could judging by the hair-curling action in January, along come the preliminary figures from February to …

With an application made for listing on the Toronto Stock Exchange, Chesbar Resources is making progress on both the financial and exploration fronts. The company, which now trades on the Montreal Exc…

Marshall Minerals of Newmarket, Ont., and First Exploration Fund 1987 and Co., Ltd. Partnership have concluded a series of agreements whereby First Exploration will provide up to $20.6 million in flow…

Asbestos miners in Thetford Mines may soon have a new mine in their unemployment-stricken area of Quebec’s eastern townships. Carey Canada Inc., which shut down its asbestos mine in the area, has disc…

Another big U.S. company, U.S. Borax & Chemical Corp., has decided to get out of the mining business. In a deal scheduled to be closed this month, Jascan Resources Inc., a Toronto-based junior, has ag…

“Low inflation and high real interest rates are not the stuff commodity price increases are made of,” Anthony Bird, an independent economic consultant, told members of a gold conference in London, Eng…

Seaway Base Metals, which had its “cease and desist” order lifted by the Ontario Securities Commission, began trading Monday and closed the week at 40-45 cents on a volume of 61,100 shares. National …

Many of the roughly 2,000 delegates came to last week’s Prospectors and Developers convention seeking relief from their fear that flow-through share funding for mineral exploration is doomed. They had…