Significant gold, copper and silver mineralization was intersected in recent drilling on the Texada Island project near Vancouver, B.C., a joint venture involving Freeport McMoRan Gold (NYSE) and Vana…
Glimmer Resources (VSE) and Master Gold did not sign a farm-in agreement before the Dec 12 deadline as intended. Glimmer is continuing negotiations and is actively seeking participation which will ens…
The Australians who picked up the Caribou deposit two years ago for a song expect to be dancing about their good fortune by year-end. But the skeptical eyes of many a senior geologist in the industry …
ATHENA GOLD — Kenneth H. Wright appointed a director and president. People CANADIAN UNITED MINERALS – Stanley R. Ford and Joseph A. Charland appointed to the board of directors succeeding Brian Eamor…
Faced with insufficient cash flow to meet current obligations, Sumac Ventures (VSE) recently presented its creditors with a proposal that would allow it to continue producing gold and silver for anoth…
Cameco — A Canadian Mining and Energy Corp., has arranged a $650-million loan with a consortium of 11 Canadian and foreign banks. The cash will be used to repay promissory notes issued at the time of…
In 1988, Scintrex completed negotiations with the People’s Republic of China which resulted in the opening, on Oct 14, of a service centre for Scintrex instrumentation, in co-operation with the China …
The Canadian Centre for Mineral and Energy Technology (CANMET) says that 1988 saw it embark on a plan to change the thrust and composition of many of its programs. The new plan focused on fostering cl…
The following is taken from a recent presentation by Donald Worth, vice-president of the mining specialist group for the Canadian Imperial Bank of Commerce, at a seminar for brokers and market watcher…
A surge in metals prices helped Scotiabank’s all-commodity price index advance by 1.8% in November. Metals prices increased by 6.1% compared with October, while oil and gas, forest products and agricu…
A new mine is gearing up for production during the first quarter of this year in northwestern Quebec and — believe it or not — it is not a gold property. Rather, it is the massive sulphide Ansil co…
Vancouver-based International Baron Resources (VSE) has followed up its $400,000 initial offering by signing option agreements on three United States gold properties. In the first, International Baron…
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