North Star Diamonds, the 65%-owned subsidiary of Poplar Resources (PPX-V), has reached a preliminary agreement to option a 70% interest in its Swedish diamond project to Kelowna-based Dia Met Minerals…
Increased production and lower costs from the Sadiola Hill gold mine in Mali have enabled Iamgold (IMG-T) to post higher revenue, income and cash flow in 1998 over the previous year.The company and pa…
Junior Starcore Resources (SOE-V) has optioned two properties — Mud Lake and Abiwin — in the Atikokan area of northwestern Ontario. The properties are about 100 km east of its Samuels Lake joint ven…
Montreal-based Richmont Mines (RIC-T) intends to repurchase shares for cancellation. The Toronto and Montreal Stock Exchanges have accepted the company’s normal course issuer bid, which began March 24…
McWatters Mining (MCW-T) has suspended underground gold mining at its Sigma-Lamaque complex in Val d’Or, Que.The shutdown has resulted in 197 of the complex’s 250 employees being laid off for an antic…
Independent metallurgical tests are painting a brighter picture at the Rapu Rapu polymetallic project in the Philippines for TVI Pacific (TVI-T) and its joint-venture partners.Signet Engineering of Au…
Delgratia Mining (DGRTF-O) has changed its name to Central Minera (CENMF-O).
Junior Wildrose Resources (WRS-V) has agreed to option an interest in its Woodjam gold-copper property in British Columbia to Phelps Dodge Corp. of Canada.The wholly-owned subsidiary of Phelps Dodge (…
Teck (TEK-T) has increased its ownership in Cominco (CLT-T) by purchasing 2.5 million of that company’s shares through the Toronto Stock Exchange.During the past 12 months, Teck acquired just under 4….
Junior Expatriate Resources (EXR-V) has added to its Yukon holdings by acquiring the Hyland and Forty Mile properties.The Vancouver-based junior purchased a 100% interest in the 527 claims that compri…
Madison Enterprises (MNP-V) has pulled more hot values from its Mt. Kare project in Papua New Guinea.The infill drilling program is aimed at boosting the initial resource estimate, which stands at 20….
I recently attended the annual meeting of an exploration firm held at the Sydney Yacht Club in Cape Breton, Nova Scotia. After the meeting, as was the custom, everyone migrated to the bar and started …
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