The first initial public offering by a junior mining company to be cleared by The Toronto Stock Exchange so far this year was revealed to the public during the week ended July 9. Shares of Wheaton Riv…
Ownership of the Kutcho Creek massive sulphide project is moving increasingly into the hands of American Reserve Mining (VSE). Situated near Dease Lake in northwestern British Columbia, Kutcho Creek i…
Already the owner of 36.7% of the outstanding shares of Goldnev Resources (VSE), Prime Equities (VSE) plans to acquire the balance under a recently announced takeover offer. Prime is offering Goldnev …
This year 11 Ontario universities will receive a total of $508,000 in provincial grants for 22 geoscience research projects, Mines Minister Gilles Pouliot has announced. The funding, about $500,000 e…
Shares of Wheaton River Minerals, the first junior mining company to be cleared for listing on The Toronto Stock Exchange this year, were expected to be up and trading July 16. Formed to acquire the f…
The New York closing gold price was $369.40 per oz. Last quotations for gold options traded in Montreal and Vancouver as provided at the close of trading each Tuesday by the Montreal Exchange. Only th…
Price (US) Week’s Change Gold* $370.20 + $ 2.45 Silver* $ 4.48 + $ 0.05 Platinum* $382.90 + $ 2.65 Nickel** $ 4.04 + $ 0.03 Lead** $ 0.25 $ 0.00 …
Ongoing drilling by Westmin Resources (TSE) returned more good assay results from the company’s Myra Falls mine property near Campbell River, B.C. Westmin is exploring a previously untested area near …
An antitrust suit filed under court seal against Fairbanks Gold (TSE) was recently settled before becoming public. The court seal gives companies five business days to resolve a dispute before it beco…
Shares of Trump Reserve Minerals traded moderately in the week ended July 9, as surface exploration got under way at the company’s Benoit gold bet in northern Quebec. The 44-claim property is close to…
A joint venture covering diamond exploration between Repadre Capital (VSE) and AMPAL in Botswana has been revised to allow Repadre to earn a 50% interest in the venture. Initially, Repadre agreed to …
Regarding James Wade’s letter “Diagnosis of exploration’s malaise” (T.N.M., Jun. 24/91), I am prompted to add some comments, having managed the Canadian Exploration Incentive Program (CEIP) for 1989 a…
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