INSIDER TRADING — Campbell execs renew options
Recent insider trading transactions reported in the Ontario Securities Commission’s OSC Bulletin include the following:* Campbell Resources (CCH-T) — Paul Ireland, officer, allowed 150,000 options to…
Northgate Minerals Corporation
Miramar bids on Giant mine — Crosstown rival would take mine, leave mill
The final scenes of the Royal Oak Mines tragedy appear to be playing out, with a new player, Miramar Mining (MAE-T), waiting in the wings.Miramar, which operates the Con mine in Yellowknife, N.W.T., a…
Companies (September 13, 1999)
AnglogoldAtna ResourcesBattle Mountain GoldBattle MountainBirim GoldfieldsBlue Lightning VenturesBotswana DiamondfieldsCambiorCamecoCanabrava DiamondComincoCorner Bay MineralsCorum Resourc…
Quinsam, Hillsborough go belly-up
In a final attempt to restructure its debt, Quinsam Coal has filed for creditor protection and suspended operations at its coal mine near Campbell River, B.C. As a result, 120 unionized workers have b…
Creditors draw curtain on Royal Oak — Witte attributes collapse to low metal prices, bad luck
The Ontario Court (General Division) finally shut down the show at gold producer Royal Oak Mines (RYO-T), putting the company into receivership when creditors could not agree on a restructuring deal.T…
Companies (January 04, 1999)
@IDX:Aber ResourcesAltius MineralsArchon MineralsArgentina GoldAsarcoAscot ResourcesAtna ResourcesBanro ResourceBarrick GoldBlackstone ResourcesBroken Hill ProprietaryCamecoCamphor VenturesCanyon Reso…
Royal Oak suspends debt payments — Greenstone reworks loans, boosts working capital
The walls keep closing in on Royal Oak Mines (RYO-T).Facing crushing debts, the exasperated gold miner announced two days before Christmas that it would defer making payments on its outstanding loans …
EASTERN MARKETS — Royal Oak, Greenstone sink as duo grapples with debt load — Viceroy Resources hits hot holes in Argentina’s San Juan province
During the holiday-shortened Dec. 22-28 report period, the TSE 300 composite rose 1.3% to 6,465.38 points while the gold and precious minerals sub-index edged off slightly to 5,8903.94 points. The met…
Royal Oak finds savior
Royal Oak Mines (RYO-T) has obtained US$120 million to help finance the completion of the Kemess gold-copper mine in north-central British Columbia.Toronto-based Trilon Financial came to the rescue, a…
Companies (April 06, 1998)
Aber ResourcesAfcan MiningAlto MineralsAmblin ResourcesAMT Intern’l MiningAnglo AmericanApex Silver MinesArmada GoldAteba MinesBanro ResourcesBarrick GoldBattle Mountain GoldBlack Hawk MiningBlue Dese…
Colomac mine prepares to call it a day
The troubled life of the Colomac gold mine in the Northwest Territories will soon come to an end.Owner Royal Oak Mines (ryo-t) has decided to shut down the mine in October, citing a feeble gold price …
Northgate reports high income for ’95
The settlement of an arbitration hearing and the sale of subsidiary NorthWest Gold have enabled Northgate Exploration (TSE) to post its best financial results since 1989.In 1995, Northgate earned $7.2…