News

Placer’s Willson speaking at CIM

The buzzword “globalization” will figure prominently in the speech of Placer Dome President John Willson when he addresses the Jan. 20 dinner meeting (and Students’ Night) of the Toronto branch of the…


OSC seeks power to make own rules

The Ontario Securities Commission (OSC) has recommended to a provincial task force that it be granted rule-making powers, although any new regulation could still be vetoed by the Ontario government. T…






Goldbrook affiliate options gold bet

The Garden Lake gold property north of Thunder Bay, Ont., has been optioned by Weaver Lake Explorations. The 3,960-acre concession consists of eastern and western claim groups. The latter includes the…


Broadlands expands Bolivian holdings

The acquisition of the Ancohuma concession near Yani, Bolivia, gives Broadlands Resources (VSE) a second property in the country. Broadlands, which has been working on its nearby La Suerte property si…


Planned transfer of interests fails

A proposed transfer of the Magino and Magnicon mining properties to a newly formed joint exploration company will not proceed. The proposed transaction involved Flanagan McAdam Resources (TSE), McNell…



NEWS ROUNDUP — Sutton placement

A private placement of 316,305 units at $25.50 each will net Sutton Resources (VSE) about $8.1 million. Each unit includes a share, plus a 2-year purchase warrant exercisable at $25.50 in the first ye…



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