A large open pit operation is expected to get under way late next year at the Bogosu concession in Ghana, West Africa, where a consortium led by Toronto-based Sikaman Gold Resources (TSE), is in the e…
I recently invested in Noranda Gold Resources through Crown Securities of Costa Rica. I was wondering if you could provide me with information concerning the quality of Noranda Gold and the efficiency…
More than $400,000 was raised recently by Ecudor Inc. of Rouyn- Noranda, Que., through a private placement of shares and warrants with the president of the company, Serge Sejourne. The placement compr…
It had been a relatively quiet market for some time and bullion traders at Shearson Lehman Hutton were awaiting the release by the U.S. government of the consumer price index (CPI) for April. Earlier …
Gold was often the catalyst that opened new lands in Canada’s north and west, and Manitoba was no exception. Soon after gold was discovered in the Black Hills of South Dakota in 1879, prospectors move…
Further encouraging results have been reported by Messeguay Mines (ME) from its Launay-Privat gold property located northeast of Rouyn-Noranda, Que. The company says hole ML-88-1 (located 200 ft south…
If there was any doubt the amalgamation of five Royex group companies into one big corporate entity to be known as Corona Corp. would not go ahead, Chairman Ned Goodman dispelled it early. Addressing …
St Andrew Goldfields (TSE) has announced the receipt of proceeds from the May 4 underwriting of a 25-million(SFr) issue of convertible bonds. The issue was underwritten by a Swiss-based bank consortiu…
A conservative estimate of reserves at the Forsan gold deposit located southeast of Val d’Or, Que., indicates 311,431 tons grading 0.14 oz gold per ton, Oz Exploration (ME) and Norwood Exploration (ME…
Since Quebec crown corporation Soquem spun off its assets in 1986 to form Cambior Inc. (TSE), the new entity has been one of the least vociferous of Canada’s mining outfits. Rather than boast about it…
Because gold mining has once again become a highly profitable business — and with strong evidence that its price will at least hold to around today’s rewarding levels — a worldwide search for this l…
First phase of a $500,000 exploration program was started recently by Meridor Resources (VSE) at the Iskut property in the Stewart gold camp in northern British Columbia. The program consists of groun…
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