The following is an open letter to Michael Harcourt, premier of British Columbia, in response to his government’s decision to expropriate the Windy Craggy copper project in favor of creating a provinc…
Midland Walwyn Capital and Canaccord Capital will acquire six million special warrants of Repadre Capital (VSE) at $3 per warrant, to raise a total of $18 million. The underwriters have the option to …
Southwestern Gold Corp. — 800,000 shs @ $1.00. Eurus Resource Corp. — 1,500,000 units @ $1.19 and each unit consists of sh and 2 wts and 2 Series A wts purchase sh. Glamis Gold Ltd. — 2,000,000 shs…
With 4,090 metres having been drilled on the newly discovered East zone, New Canamin Resources (VSE) estimates preliminary reserves at its Huckleberry property near Kemano, B.C., are 31 million tonnes…
Having secured a commitment for US$18 million in debt financing from the Chase Manhattan Bank of Canada, Minera Rayrock (TSE) is bringing into production its Ivan copper deposit in northern Chile. The…
Shareholders of Rome Resources (VSE) have agreed to acquire joint-venture and exploration rights in Armenia by issuing 12 million shares to businessman Gregorio Becerro. The transaction has yet to be …
Copper-producer Metall Mining (TSE) has increased its direct and indirect voting interest in Teck (TSE) to 33.5% from 28.5%. In a private transaction, Metall acquired 273,500 A shares of Teck, bringin…
For many years, on a personal basis and through the Prospectors and Developers Association of Canada (PDAC), I tried, without success, to bring out the facts about the low state of minable ore reserve…
Alberta-listed Tan Range Exploration has granted Takla Star Resources (ASE) and Fairfield Explorations (ME) an option to develop the Luhala and Ngula gold projects in Tanzania. Takla and Fairfield can…
Shareholders of Belmoral Mines (TSE) have approved a transaction which will take them out of debt and into oil and gas interests. Geopetrol Resources, a private Alberta company, has an option to buy t…
A private placement of 4.2 million units at 12 cents each has been completed by Hedman Resources (ASE). Each unit consists of one common share and one warrant. The warrants can be exchanged for shares…
In re-evaluating its Bissett mine, 160 miles northeast of Winnipeg, Man., Rea Gold (TSE) projects reserve potential to be more than one million oz. of contained gold. Minable reserves, as previously e…
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