Junior Red Rock Mining (VSE) is the subject of a takeover bid by American Resource, which is proposing to merge the two companies should its offer be successful. American is offering to buy all of the…
Gold Funds as of Dec. 8 BGR Central Net Value $7.795 $5.16 Price $6.38 $4.65 Discount 19.79% 9.9% Value $45,602,000 $78,232,995…
The news from Dia Met Minerals’ (TSE) Lac de Gras diamond property in the Northwest Territories just keeps getting better. Results from core and surface samples on the company’s claim block indicate t…
Drilling by Falconbridge on the “A” Group of property owned by White Star Copper Mines (CDN) northwest of the Kidd Creek base metal mine in the Timmins, Ont., area intersected heavy sulphide mineraliz…
An agreement to acquire a 100% interest in 993059 Ontario Inc. from Kenora Prospectors & Miners (CDN) and a Toronto investor group has been cancelled, Trump Reserve Minerals (ASE) reports. Trump also …
Stepout drilling on the Prairie Creek mine project 300 miles west of Yellowknife, N.W.T., continues to expand the project’s tonnage potential. San Andreas Resources (VSE), the operator on the property…
Ownership of the Redstone nickel mine near Timmins, Ont., which closed in June, will change hands under a recent deal between Black Hawk Mining (TSE) and Timmins Nickel (TSE). For $150,000, Black Hawk…
Kingswood Resources (ASE) has negotiated agreements with Kennecott Canada and Soquem on two of its gold and base metal properties in northern Quebec. Kennecott has an option to earn 100% interest in K…
The federal finance minister’s recent economic statement or “mini-budget” has its supporters and its detractors, the more vocal, apparently, being the latter. If anything, Donald Mazankowski’s stateme…
Net proceeds of about $1.5 million were realized by the sale of its 1.36 million shares of Richmont Mines (TSE), says Caledonia Mining (TSE). Richmont reported gold production of 14,162 oz. during the…
Quebec junior Orco Exploration (ME) has announced that it will commence drilling on three properties in the Rouyn-Noranda area of Quebec within the next few weeks. The first program will be undertaken…
The estimated cost of building a new zinc plant in Flin Flon, Man., has jumped to $171 million from $120 million, according to Hudson Bay Mining and Smelting’s (TSE) 1992 annual report. Although compa…
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