Shares of Tucson-based Arimetco International (TSE) recently rose 25 cents to $3.35 after the company entered into a 5-year copper sales agreement with New York metals trader Billiton Metals. Under te…
An agreement in principle was reached between El Condor Resources (VSE) and Covenant Resources (VSE) for the merger of the two companies. The new company will issue one new share for each El Condor an…
The shares of nickel producers have strengthened in recent weeks in reaction to a sudden jump in the nickel price, and some analysts are calling for further price increases by year-end. Major producer…
A private Australian company has agreed to provide a $150,000 loan to finance development at Swansea Gold Mines’ Ruby Creek gold prospect near Wisdom, Mont. The property hosts a 2.56-million-cubic-met…
When Quebec’s new budget is tabled this spring, there could be some good news for the province’s junior mining companies. Recent meetings between the Quebec Prospectors Association and provincial civi…
Billikin Resources Ltd. (BIL:VSE) has changed its name to Cora Resources Ltd. with a consolidation of capital on a 1-new-for-4-old share basis. The transfer agent is Montreal Trust.
Noranda Minerals has redirected its exploration activities — and backed it up with millions of dollars — by establishing offices in Chile and Mexico. “We felt we needed a stronger commitment geograp…
If one suspected that Ontario’s mining industry was past its prime, they need look no further than the recent Prospectors and Developers Association of .T Canada’s annual convention for confirmation. …
Ever get the feeling that there seems to be more people working to spend taxpayers’ money than there are people working to earn a profit? The proportion might not be quite that out of whack, but a cas…
As most readers probably know, we recently moved to the Don Mills complex of Southam Business Communications Inc., where Southam now houses all divisions of its expanding Mining Group under one roof. …
The federal mapping agencies of Canada and the Soviet Union will work together to share technology and develop business opportunities in the geomatics industry which deals with surveying, mapping, rem…
A net loss of $1.36 million was reported by Skyline Gold (TSE) for the three months ended Jan. 31, up from the corresponding year-earlier loss of $1.25 million. The quarterly data included operations …
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