After returning from a skiing vacation in Wyoming, Curragh Resources (TSE) Chairman Clifford Frame has resumed discussions aimed at easing the zinc-lead-coal producer out of its financial plight. With…
A number of possible acquisitions in Jamaica are currently being reviewed by Prime Explorations, a division of Prime Equities International (VSE). The review follows a visit to Jamaica to examine prop…
The Seventh Mineral Economics Symposium will take place Jan. 16 in Toronto’s Sheraton Centre. Topic is “Back to basics: managing the risks to reap the rewards.” The symposium is held by Toronto’s Mine…
Vancouver-based Aurizon Mines (TSE) recently entered into a private placement agreement to purchase 500,000 common shares of 36% owned affiliate Aurex Resources (VSE) for 35 cents a share. In addition…
Most of the investors holding warrants in Fort Knox Gold Resources (TSE), including Inco (TSE), have exercised those warrants, raising $272,000 for further exploration on the Fawcett Twp. property nea…
A unit of Placer Dome (TSE) recently terminated an option to earn a 50% interest in the Jualin gold property owned by International Curator Resources (VSE). The Jualin property is 40 miles north of Ju…
Neighboring Idaho also saw some action this year, even though FMC Gold (NYSE) has yet to announce a production decision for its huge Beartrack gold deposit in Lemhi Cty. FMC owns 71% of the project, a…
Exploration in Nevada remains active, primarily because a number of established mining companies are continuing to explore ground held near existing mine operations. One of the higher-profile explorat…
Platinum tumbled on the New York Mercantile Exchange in late 1991 after General Motors announced that it intends to shut down 21 of its North American automotive plants. Expectations that the GM closu…
Gold began the New Year on a bearish note, shedding US$2 to US$350.50 on reports that Russia will end the state monopoly on mining and open up ground for prospecting. The newly founded republic says i…
Initial drilling results from the Pascalis property in northwestern Quebec of Acabit Exploration (ME) returned, over a 4-ft. intersection, 2 ft. of 4.7 oz. gold per ton, 1 ft. of 0.04 oz. and 1 ft. of…
A new zone of high-grade gold mineralization was intersected by recent drilling on the Castle Mountain project 65 miles south of Las Vegas, Nev., in San Bernardino Cty., Calif. Viceroy Resources (TSE)…
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