1990

Some encouraging gold intersections were reported recently by BMR Gold (ASE) from its America mine project, 120 miles south of Las Vegas, near Amboy, Calif. Under an agreement with Fischer- Watt Gold …

A $7.8-million public share offering is being planned by Mercator Resource (ASE), following its recent acquisition of all the outstanding shares of Arimetco, a U.S. company. Mercator previously issued…

Battle Mountain Gold (NYSE) is planning an issue of five million common shares which will gross about $105 million. The deal is one in a series of large gold equity offerings which have hit the market…

With gold prices moving in the right direction and companies announcing drilling budgets for the coming season, trading activity on the Vancouver Stock Exchange is beginning to show signs of life. At …

Nebraska’s Attorney General has issued a favorable ruling on a foreign ownership issue that has held up the permitting process for the Crow Butte uranium mining project in that state. In a recent rele…

Normetal Mining Exploration (ME) has signed a milling and smelting contract with Noranda (TSE) for the refining of 70,000 tons of zinc-silver ore, and the purchase of zinc and silver concentrates, by …

Toronto-based Franco- Nevada Mining (TSE) has acquired what it considers to be a promising long-term prospect to supplement its royalty interest in American Barrick Resources’ (TSE) Goldstrike gold mi…

At a recent meeting, directors of Goldteck Mines unanimously approved a decision to advance to feasibility the Bellview gold project in White Pine Cty., Nev. A feasibility study, financed 100% by Gold…

The first results from drilling completed last month at Teeshin Resources (VSE) Dome Mountain gold property returned an 8.5-ft. intersection grading one ounce gold per ton and 2.64 oz. silver. The sam…

Uranium miners Rio Algom (TSE) and Denison Mines (TSE) are suing each other over mining practices near the borders of their respective properties close to Elliot Lake, Ont. In two separate lawsuits, R…

PEGASUS GOLD — James Redpath appointed a director succeeding James Foreman. Stanton Bennett, vice-president and secretary, has retired. Lyle Beaudoin will assume the responsibilities of general couns…

The volatile gold market had a negative effect on resource issues for the week ended Feb. 6, with the mining and minerals index off more than 19 points in mixed trading. The general market portfolio i…