. . . Monopros, the Canadian arm of De Beers, has moved a drill rig onto its diamond claims near Hardy Lake, N.W.T. The cash-rich explorer is expected to follow up results of soil samples that fill, o…
341.70(342.65) NA 340.00(340.50) 339.00(338.75) 338.50(340.35) Gold … Bank of Nova Scotia, noon bid/ask $US per oz. 340.50-344.00 341.50-345.00 338.00-341.50 337.00-340.50 337.00-340.50 Silver … L…
Diamonds being “the only game in town,” Vancouver brokers turned out in droves for a recent presentation on diamond exploration in North America, featuring talks by Christopher Jennings and others act…
Appointed Ontario’s new mining and lands commissioner in August was Linda Kamerman. The commissioner performs both administrative and judicial duties under the Mining Act. Kamerman’s job also entails …
Sundance Res. Ltd. – 2,200,000 shs with 200,000 guaranteed (initial shs) @ 23 cents per sh and 2,000,000 shs on a Best Efforts basis (“remaining shs”) @ prevailing market price subject to a minimum of…
An undisclosed senior mining company recently signed a letter-of-intent option agreement on the Lone Star property and other mineral claims held by Arbor Resources (VSE) in the Klondike gold camp of D…
As predicted at its annual meeting in June, SouthernEra Resources (TSE) has completed negotiations to acquire an interest in an intermittent diamond producer in South Africa. Along with partners Dryde…
The Ketza River property in the Yukon is being purchased by Wheaton River Minerals (TSE) under a renegotiated agreement with Canamax Resources (TSE). Under the agreement, Wheaton has assumed responsib…
Drilling is under way on Waddy Lake Resources’ (TSE) Komis gold deposit in the Byers mineral belt northeast of La Ronge, Sask. Waddy plans to complete 10,000 ft. to confirm and expand reserves of 562,…
A 10,000-ft. drill program will begin in mid-September on the Sterling mine property, 120 miles north of Las Vegas, Nev. The program is aimed at testing an area outside current reserves that is consid…
Management of Dayton Mining (TSE) may retain a financial advisory firm to evaluate merger and business proposals from mining companies interested in its Andacollo gold project in Chile. Dayton has rec…
Parts distributor Mining and Allied Supplies (Canada) says it has filed for an initial public offering of up to six million units consisting of one common share and one common share purchase warrant. …
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