Black Hawk Mining to put Redstone on hold
Preferring to sell at higher prices, Black Hawk Mining (TSE) has delayed production at its Redstone nickel deposit in northeastern Ontario. The mine will be closed until the nickel market improves.The…
News
Cons. Professor gives in to takeover by Royal Oak
Several large shareholders in Consolidated Professor Mines (TSE) have agreed to an 80 cents-per-share takeover offer from Royal Oak Mines (TSE). For its part, Royal Oak will be looking at production p…
Inter-Rock funds development at Daisy
Montreal-listed Inter-Rock Gold will raise $3.5 million to finance development at the Daisy gold project near Beatty, Nev.The funds will be raised by offering units, the price of which will be establi…
Kinross closes new transactions
A group consisting of Nesbitt Burns, Midland Walwyn Capital, Scotia-McLeod, CIBC Wood Gundy, First Marathon Securities, Richardson Greenshields of Canada and Goepel Shields and partners has acquired 7…
Altai adds to Asian portfolio
Altai Resources (TSE) has acquired a 40% working interest, plus a 10% net smelter return, on a nickel-cobalt property in the Philippines, and plans to carry out a feasibility study this year.The 17-sq…
Troymin and partners begin exploring in Saskatchewan
Alberta-listed Troymin Resources reports that two joint-venture partners have begun exploring two of its properties in Saskatchewan.Aur Resources has launched a 9-hole, 1,300-metre drill program on Tr…
Granduc Mining and Black Hawk consolidate BT JV
The Keystone joint venture has acquired the remaining interest in the Wasekwan Belt property, near its producing Burnt Timber mine, southeast of Lynn Lake, Man.Minority holders Trans America Industrie…
Meetings (February 12, 1996)
MEETINGSFeb. 19, Banner Feb. 19, Mispec Feb. 19, Navarre Feb. 20, Camphor Feb. 20, FMCI Precious Metals Feb. 20, Rankin Feb. 20, Royal Crest Feb. 20, Texas Star Feb. 20, Zim-Gold Feb. 21, Lucas Gold F…
Asquith and United Reef explore gold property in CAR
Partners United Reef (TSE) and Asquith Resources (CDN) will explore and develop the Roandji gold property in the Central African Republic.The 2,000-sq.-km property includes historic deposits that prod…
Rea Gold brings San Antonio into the 1990s
One thing better than learning from your own setbacks is learning from other people’s. Rea Gold (TSE), now readying its Bissett project in eastern Manitoba for production, is taking history’s lessons …
Etruscan moving to feasibility on Koma Bangou
The recent coup d’tat in Niger has not prevented Etruscan Enterprises (VSE) from advancing to the feasibility stage at its Koma Bangou gold project.Work on the 170-sq.-km project is proceeding smooth…
Laramide, Gerle drill Pragedia
Drills are turning at the Pragedia project in Mexico’s Sonora state.Vancouver-listed partners Laramide Resources and Gerle Gold, which hold 50% and 32% interests, respectively, expect to complete 1,00…