What is believed to be a significant breakthrough in the recovery of the platinum group metals appears to have been made by Platinum Lake Technology Inc., a private Canadian company with strong backin…
A wholly-owned subsidiary of the Quebec government’s Soquem, Seleine Mines, has been sold to Canadian Salt for $35 million. The Saleine operation produces salt from a deposit situated on one of the Ma…
Trading in the shares of Inco Ltd and Falconbridge Ltd was the only highlight in a generally lethargic week of activity. Today, both issues raced near their highs, primarily due to firming commodity p…
A nickel-copper discovery has been made by Duration Mines (TSE) on the company’s property near Geraldton, Ont. A drill test of a geophysical anomaly cut 98 ft grading 0.5% combined nickel- copper per …
A takeover offer has been made by Gunnar Gold Inc. for all the issued and outstanding shares of Tyranex Gold. Gunnar is offering three Gunnar shares and a $2 debenture for each four shares of Tyranex …
Encouraging drilling results have been reported by Spirit Lake Explorations (ME) from a winter program carried out at the company’s Edwards prospect in Jacobson Twp., located 20 miles northeast of Waw…
After six months of negotiations, Toronto-based Euro-Nevada Mining (TSE) has added another gold property to its list of Nevada royalty holdings, the company said recently. Euro-Nevada has acquired a 1…
A reserve takeover of Noront Resources (VSE) will take the company from the mineral exploration field to the computer sector. Under the terms of a proposed deal, Noront will transfer all its mining pr…
Toronto-based Goldteck Mines (TSE) has pulled a high grade gold intersection while drilling at the Wilkinson Lake property in Beardmore, Ont., the company announced recently. Hole No. 87-17 intersecte…
Disappointed by the results of a bulk sample taken from the Lake Rose property located east of Val d’Or, Que., Eider Resources (me) says it has no plans to spend more money on the property in the near…
In light of the current strength in nickel prices, Teck Corp. (TSE) is considering several options for its Montcalm Twp., nickel-copper deposit located 35 miles northwest of Timmins, Ont. Hosting rese…
Drilling by Noranda Exploration has increased reserves on Banbury Gold Mines’ Hedley, B.C., property. Noranda has the right to earn a 51% interest in the property by spending $3 million before the end…
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