News

FINANCING (October 11, 1993)

Argosy Mining — 6,000,000 partial guaranteed offering shs with a maximum of 8,000,000 shs @ 50 cents Australian. Canrise Resources — 2,500,000 shs @ $1.75. Potash Corp. of Saskatchewan — 4,000,000 …


Coal producers call for tough action on taxes

A persistent bunch, Canadian coal producers are renewing pleas to various levels of government as part of an ongoing effort to reduce taxes levied against them. A recent study by the Coal Association …


Giant Bay moves on Montanore

The acquisition of a private U.S. company will give Giant Bay Resources (TSE) an option on a 45% interest in the huge Montanore copper-silver deposit in northwestern Montana. Giant Bay has agreed in p…


Metall acquires smelting assets

Toronto-based Metall Mining (TSE) has bought certain copper smelting and refining assets from controlling shareholder Metallgesellschaft of Germany in a deal worth $171 million. Metall acquired a 35% …


Nfld. Goldbar expands gold zone

Drilling by Newfoundland Goldbar Resources (CDN) on its Glover Island property in west-central Newfoundland returned significant gold values over wide widths. Three holes were drilled on 300-ft. stepo…







NEWS ROUNDUP — Agnico, Goldex talk amalgamation

Gold producer Agnico-Eagle Mines (TSE) and junior Goldex Mines (TSE) are discussing an amalgamation. Proposed is that Goldex holders exchange their shares for Agnico shares, making Agnico the sole own…


Majors exploring Noble property

The stage is set for Gagan Gold (VSE) to earn a half interest in the Noble property by spending $400,000 over three years. The property, accessible by road, is near Birch Island in the district of Kam…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close