News


NovaGold gains licence for recovery process

Following an agreement with the Canada Centre for Mineral Energy Technology (CANMET), NovaGold Resources (TSE) will acquire rights to a new base metal recovery process. The original technology, calle…


Shareholders OK Falco Gold plan

After a lengthy delay caused by the regulatory approval process, Falconbridge Gold’s (TSE) minority shareholders have given the go-ahead to purchase from controlling shareholder Falconbridge Ltd. its …


GOLD FUNDS (June 17, 1991)

BGR Central Net Value $8.88 $5.21 Price $7.50 $4.900 Discount 15.54% 6.0% Value $52,887,666 $82,439,070…


Corona to focus on gold assets

Now that shareholders have overwhelmingly approved a name change and a 1-for-2 share consolidation, International Corona (TSE) is continuing efforts aimed at separating its assets into publicly traded…


Rhodes updates estimate of Copper Canyon reserve

An updated preliminary reserve estimate was released by Consolidated Rhodes Resources (VSE) for the Copper Canyon copper-gold deposit in the Galore Creek region of northwestern British Columbia. The c…





Coeur d’Alene reports loss

A net loss of US$478,000 was reported by Coeur d’Alene Mines (NYSE) in its 1991 first quarter, compared with net income of US$2.4 million in the comparable 1990 period. The Idaho-based producer said …


Takla Star in Mt. Milligan camp

This season, Takla Star Resources (ASE) plans to concentrate its efforts on the AOK property near the Mt. Milligan deposit in north-central British Columbia. The company can acquire 100% of the copper…


Panthco signs option agreement

Panthco Resources (CDN) has entered into an agreement with Sudbury Contact Mines (TSE) to explore a 51-claim property in the Kirkland Lake gold camp of northern Ontario. Under the agreement, Sudbury …


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