Vancouver-based Armeno Resources (ME) has entered into a joint venture agreement with the government of Sudan for the exploration and development of a large copper-gold deposit in the African nation. …
According to a recently published study of the international gold market by Metal Market Consultants of Lakewood, Colorado, the demand for gold should exceed supply and keep prices modestly buoyant in…
Shareholders of Exploration Aumisko (ME) have approved a consolidation of the company’s A shares on a 2-for-1 basis. Shareholders also approved changing the company’s name to Ressources Granisko. The …
The recent upswing in the price of gold is being accounted for in several ways by analysts. New legislation in Japan allowing non-life insurance companies to invest up to 3% of their assets in gold bu…
Hillsborough Resources (TSE) expects a project feasibility study for the Mt. Hundere zinc deposit in the Yukon from partner Curragh Resources by mid-December. Hillsborough and Curragh hold a 20% and 8…
A recent sampling of the No 2 vein over a portion of the 250 level lying west of the No 1 shaft and directly below the current drifting on the 125 level at the Granada property near Rouyn-Noranda, Que…
The crusher at the Lac-des-Iles graphite project of Stratmin Inc. (ME) north of Montreal should be working by Dec 22 and the new mill operational in February of next year, the company reports. A new r…
Two of Canada’s oldest law firms with strong ties to the mining industry are merging. Day, Wilson, Campbell has signed a merger agreement with Holden, Murdoch and Finlay to create Holden Day Wilson, e…
A definitive agreement has been signed for the development of the Quebrada Blanca copper deposit in northern Chile. As reported (N.M., Aug 28/89), the agreement provides for the formation of a company…
Net earnings for the six months ended Sept 30 dropped sharply for Black Swan Gold Mines (VSE), from $532,000 last year to $34,000 this year. Cash flow after non-cash working capital items was $208,000…
Geological mineral inventories have been calculated by Westmin Resources (TSE) for the Debbie and Yellow gold exploration projects near Port Alberni on Vancouver Island. The Debbie is a joint venture …
The story of McNickel Inc.’s (COATS) copper-nickel exploration project at Lac St. Jean, Que., has ended in disappointment. The McNickel discovery, which earlier this year touched off a staking rush in…
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