When International Platinum (TSE) President John Hansuld goes to the risk capital markets in New York and London this year, he hopes to come away with more than $5 million. “Our priority is to maintai…
Continuing weakness in the price of bullion which has recently been hovering around US$354 an oz. was reflected by lacklustre trading in gold stocks during the week ended July 10. Shares of Durvada Re…
A deal worked out between Pamorex Minerals (TSE) and Giant Yellowknife Mines (TSE) could see the Nighthawk Lake gold deposit 10 miles east of Timmins, Ont., brought into production within two years. P…
An option to purchase a 100% interest in claims adjacent to the Sleeping Giant gold mine north of Amos, Que., has been acquired by Aurizon Mines (TSE) from George Venne of Val d’Or, Que. The claims li…
Exploration will get under way this summer on PGE Resource’s (ASE) 115-claim property near Mechanic Settlement, N.B., following a joint venture agreement with Noranda Exploration, a unit of Noranda (T…
Market activity slowed during June, according to ME officials. The average daily volume during the month, at about 4.9 million shares, was down 7.1% from May. On the other hand, the average price per …
Some $6 million will be given to the Trans-Hudson Orogen Transect research project over four years. The funding comes from the Natural Sciences and Engineering Research Council and the federal Departm…
A large U.S.-based mining company has made a firm offer that could lead to the further development of a gold property in Tully Twp., 20 miles northeast of Timmins, Ont., in which Frankfield Exploratio…
A letter of intent has been signed between Dundee-Palliser Resources (TSE) and exploration partners VSM Exploration (ME) and Serem-Quebec which will allow VSM/Serem to earn a 50% interest in Dundee’s …
Back in December, 1987, I received a call from Ray Goldie, vice-president and mining analyst at Richardson Greenshields, who headed the Toronto Geological Discussion Group. Would I address their annua…
A roasting facility at the Big Springs gold project in Nevada recently completed its first year operating 15% above the design rate of 1,000 dry tons per day. For the first 12 months of the operation …
A diamond drill program is expected to begin shortly on the Hank property owned by LAC Minerals (TSE) north of Eskay Creek in northwestern British Columbia. The 6,000-ft. program will be managed by Ca…
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