A net loss of $28,000 was reported by Cathedral Gold (TSE) for the 1992 second quarter, which the company attributed to weak gold prices and higher cash production costs at its 52% owned Sterling gold…
Noranda Minerals, a division of Noranda (TSE), has purchased 346,714 common shares of Brenda Mines (TSE) from Nippon Mining of Japan, increasing its interest in the junior to 79.1% or 3.7 million shar…
MVP Capital has sold 2.3 million shares of Dundee-Palliser Resources (TSE) at 14 cents per share, bringing its interest in Dundee to 38.2%. MVP also bought 1.5 million Dundee warrants for $225,000 in …
Collins Resource Ltd. (CR:VSE) has changed its name to Madison Enterprises Corp. with a consolidation of capital on a 1-new-for-2.5-old-share basis. The transfer agent is Pacific Corp.
About 40 miles southeast of here over a spectacular setting of icefields, rivers, mountains and ocean, lies the Tulsequah River valley in northwestern British Columbia. With underground operations dat…
A new ore deposit in northwestern Quebec has started providing feed to the Matagami zinc-copper mining operation of Noranda Minerals. The Norita East zone, developed during a 4-year period at a cost o…
A work program by Tenajon Resources (VSE) is under way on the Smith property adjacent to the Snoball project being drilled by Hemlo Gold Mines and Gold Giant Minerals in northwestern British Columbia….
The Little Giant gold-copper property in Arizona has been purchased by Goldstake Explorations (TSE). The purchase price was US$200,000 in cash, and a 2% gross production royalty with a minimum royalty…
Employees at Noranda’s (TSE) Geco mine at Manitouwadge, Ont., have voted 78% in favor of a new collective agreement. Under the terms of the new 2-year contract, effective Aug. 31, wages will increase …
The mineral potential of Utah is being given serious attention by Centurion Mines (NASDAQ), now the state’s largest holder of precious metals properties. The most recent acquisition was a 25% undivide…
Following the example of its neighbors in eastern Europe, Bulgaria is moving to a market economy. Its state-owned mining research and technology company, Niproruda, is in the process of being privatiz…
The recent restructuring of Breakwater Resources (TSE) has contributed to an improved bottom line, as have cost control measures and improved metal prices. The company owns 49% of a gold mine in Washi…
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