A group of Canadian investors has negotiated a private placement in Queenston Mining (TSE). The financing consists of one million units at 80 cents each. The units consist of one share and one warrant…
The Holloway gold project in northeastern Ontario could be in production by late 1995 pending approval by partners Hemlo Gold Mines (TSE), Freewest Resources (TSE) and Teddy Bear Valley Mines (CDN). A…
Promoters are a unique breed of people who share a common ability to create and share a vision. Some of them can do it with an almost evangelical fervor. The undisputed star in Vancouver is Murray Pez…
About half the world’s diamonds have come from river and coastal deposits along the west coast of South Africa and Namibia. And while virtually all of that has been produced by De Beers, the industry …
Some first-quarter forecasters will be disappointed, particularly in the U.S. and parts of Europe. Severe winter weather across the Northern Hemisphere has slowed output and consumption of many produc…
Mt. Kearsarge Minerals (MKMN:CDN), under new control, will abandon the resource sector for opportunities in other industries.
Junior Tri Origin Resources (TSE) plans to sell up to 1.2 million units on a best-efforts basis. Each unit will consist of one common share and one warrant. Holders of warrants will be entitled to buy…
Earnings and revenues for CSA Management (TSE) declined last year as a result of a non-recurring gain of $1.4 million on the sale of an investment in securities realized during 1992. CSA reported a ne…
Sometimes the strongest message is in what is not said. The overall silence of major companies exploring for diamonds in Alberta is causing some juniors to wonder what, if anything, they are holding b…
Junior Black Swan Gold Mines (TSE) can acquire a past-producing gold mine in Alaska from a private U.S. company, in return for issuing 20 million treasury shares. The Liberty Bell mine started up in t…
Junior International Holmstead Resources (VSE) will join with Cyprus Canada to explore the former’s Rand gold property. The property comprises nine contiguous claims in the southeastern part of Kirkla…
Toronto-listed Sherritt has offered 18.5 million common shares at $11 each, on a bought-deal basis. Proceeds of $194 million will be used partly for acquisitions. The company has entered discussions w…
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