Rio Algom Ltd. (TSE) has been in a transition period since late 1987 when its former chairman, George Albino stepped down. His departure represented a major turning point for the company, which has si…
VANCOUVER Crisan Res — 600,000 sold for $210,000. Fortress Res — 700,000 sold for gross $245,000. Silver Drake Res — gross proceeds rec $210,000.
Canyon Resources Corp. (NASDAQ) has arranged a $20- million financing deal with Meridian Minerals. The cash will allow Canyon to place its jointly-owned Beartrack gold deposit in Idaho, in production….
Echo Bay Mines (TSE), already North America’s fourth-largest gold mining company, has its sights set on achieving production over the one-million-ounce mark by the early 1990s. The Lupin mine, in the …
Two new directories, Active Mines in Arizona and Arizona Exploration Offices, have been released by the Arizona Department of Mines and Mineral Resources to reflect both the condition of the Arizona m…
A re-evaluation of a copper/ nickel prospect in Lake Cty. about 10 miles southeast of Ely, Minn., has shown elevated amounts of palladium, platinum, gold and silver, according to preliminary results o…
When a major mining company states emphatically its objective is to be a low-cost precious metals producer, it makes sense any new exploration projects it becomes involved in will follow along the sam…
Higher metals prices have had a major impact on the balance sheet of Noranda Minerals. To maintain its position, the mining arm of Noranda Inc. (TSE) knows it must make a commitment to searching out n…
The group called Forest for Tomorrow is asking the government for many more hundreds of thousands of dollars. This group, headed by Toronto people has already received $134,000 of the $300,000 handed …
It has been said that there are lies, damned lies and statistics. A whimsical analysis undertaken by geologist Mary-Claire Ward falls directly under the third category. Ward made a study of 61 gold …
Recently completing a private placement worth $750,000 and involving three individual investors was Nova-Cogesco Resources (TSE). The company reports it issued 155,175 treasury shares at $1.45 each an…
If you become as successful as LAC Minerals (TSE) in developing gold properties in Canada, it seems only natural to try to apply your expertise to projects in other parts of the world. LAC, which prod…
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