Over the last two years Northgate Exploration (TSE) has spent in excess of $180 million and been involved in about 14 investments and acquisitions, which probably give it the honor of being North Amer…
A subsidiary of Homestake Mining (NYSE) recently confirmed long-standing rumors that a major “Lupin-type” gold deposit was discovered in the Northwest Territories. Robert Boyd, director of Canadian ex…
Major gold producer Giant Yellowknife Mines (TSE) and its associated Pamour group companies may have a new owner by the end of the year. Parent company Giant Resources of Australia has entered into a …
An aggressive exploration and development program in the international arena is continuing to create red ink for Cominco Resources International (TSE). The company’s third-quarter loss was $2.4 millio…
Earnings for Vancouver-based Westmin Resources (TSE) dropped to $1.1 million for the third quarter from $4.1 million the previous year. After preferred dividends are accounted for, the company lost 8 …
A net loss of $2 million or 11 cents per share was reported by Canamax Resources (TSE) on revenues of $12 million for its third quarter ended Sept 30. These results, which include proceeds from the …
Negotiations between Rio Algom (TSE) and Uranium Resources (TSE) for a proposed takeover of Uranium Resources by Rio Algom were terminated. The two companies had previously signed a non-binding letter…
An agreement in principle has been signed between Goldhurst Resources (VSE) and Euro- Nevada Mining (TSE) which gives Euro-Nevada the right to buy 50% of Goldhurst’s royalty in the Mouska gold project…
Inco Gold, a wholly owned affiliate of Inco Ltd. (TSE), poured the first gold from its Crixas gold mine in Brazil. Designed to process 360,000 tonnes of ore per year to yield 120,000 oz of gold, the C…
Plexus Resources (TSE) has filed a prospectus for the purpose of selling shares in Ontario, Alberta and British Columbia. A corresponding form was also filed with the Securities and Exchange Commissio…
Gold equities took centre stage on the TSE for yet another week as bullion continued its climb toward the magical $400(US)-mark. On Nov 15, today, the second London fix was set at $391.40. The rally h…
Toronto-based Kenora Prospectors and Miners (COATS) is suing its joint venture partner Bond International Gold (TSE) for breach of contract and fiduciary duty involving a gold project at Shoal Lake, O…
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