Still without an ounce of mineral production to its credit, Arctic explorer Borealis Explorations completed its financial year with over $16 million in cash and securities. Deferred exploratory and de…
In a package deal that involves two separate agreements, Placer Pacific, a subsidiary of Placer Dome (TSE), has acquired a potential gold producer in Western Australia and a number of other properties…
Trucking of ore from a Garrison Twp., Ont., property to the Macassa mill in Kirkland Lake will be considered by Lac Minerals (TSE), a Lac spokesman tells The Northern Miner. The operation is contingen…
Construction of a fourth mill at Newmont Gold’s Carlin area properties in Nevada will cost the company about $61 million(US). The plant, which is part of a $420-million expansion program announced las…
Three resource-related companies — Aurtec Mining Development (symbol AUD), Equity Reserve (symbol EQR) and Orbite Exploration (symbol ORT) — were recently listed for trading on the Montreal Exchange…
Wayne Benham of MPH Consulting reported on the Fifteen Mile Stream property of Calgary-based Pan East Resources (ASE). Gunnar Gold (TSE) and Mill City Gold also of Calgary, have the right to earn a 37…
Percy Claire Finlay, best known for his association with Hollinger Consolidated Gold Mines for more than half a century, died at Toronto General Hospital on June 29. He was 89. Finlay was active in th…
Shakwak Exploration — Arshad A. Shah appointed director and vice-president, ** petroleum division. **…
Dickenson Mines (TSE) has completed the acquisition of Cambior Inc.’s (TSE) 34% interest in the Arthur W. White mine located near Red Lake, Ont., for $52 million, subject to adjustments for working ca…
Diamond drilling has been resumed on Eastmain Resources’ (TSE) joint venture projects with partners Westmin Resources (TSE) and MSV Resources (ME) in the Eastmain River area of northwestern Quebec. Th…
Rumors of unrest within the hierarchy of Asamera Inc. (TSE) and its minerals subsidiary are apparently not unfounded. Bruce Kennedy, Asamera Minerals’ dynamic ex-president, has left and several other …
Royalty specialist Euro-Nevada Mining (TSE) has granted to FMC Gold, an option to buy its Hasbrouck Mountain Gold property near Tonopah, Nev., for $2.39 million(US), the company said recently. Under t…
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