Royal Oak Mines (TSE) says it will buy all of the processing facitilies of ERG Resources from a secured creditor for $1.79 million. Royal Oak says it will not incur any liability for ERG’s past activi…
Subject to regulatory approval, Tundra Gold Mines (VSE) plans to complete a merger with Oneida Resources (VSE) and Golden Pond Resources (VSE) to form a new company, TGO Resources. The amalgamated com…
New mining legislation will open Mexico’s mining industry to increased foreign investment and expanded exploration. For the first time, foreign investors will be permitted up to 100% participation in …
How ridiculous can some of those vociferous, head-in-the-clouds environmentalists, including our own public servants, get? A case in point would have to be a charge against Maybrun Mines, a small isol…
Bill Love appointed director.
Bruce Walker appointed director.
Shares of White Star Copper Mines (CDN) broke through the $1 mark in active trading on growing speculative interest in the current drilling being carried out by Falconbridge on the company’s small but…
New partners Piedmont Mining (NASDAQ) and Amax Gold (NYSE) recently signed a definitive joint venture agreement for the Haile property near Kershaw, S.C. Amax announced the purchase of a 67.5% interes…
With a wary eye on the environmentalists, quite a few gold mining companies are making a big to-do about recovering gold without cyanide. In this day and age, being “chemically correct” is highly desi…
Low-cost gold producer Hemlo Gold Mines (TSE) increased first-half output to 236,600 oz. from its two operating mines. Production at the Golden Giant mine at the Hemlo camp in northern Ontario totalle…
Although it was staked 65 years ago, the Lightning gold zone in northeastern Ontario was only discovered in 1984. Now, after a protracted session of haggling over ownership interests, the property’s s…
A new management team at Goldstack Resources (VSE) is hoping it will be able to follow up on favorable drilling results from its Yellowhammer copper-oxide property on the Utah-Nevada border. Encouragi…
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