Development by Denison to hit into Canuc ground
Development headings being driven by Denison Mines (TSE) are expected to enter into ground controlled by Canuc Resources (TSE) by year-end, shareholders learned at the company’s annual meeting. Alan S…
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Vancouver Stock Exchange New listings trade heavily on
With interest rates trending higher and gold slipping below $440 (US), many investors are staying on the sidelines until some positive news emerges. Brokerage month-end has compounded matters further …
Statement of defence awaited in Scintilore claims lawsuit
A statement of defence in a lawsuit launched in the Supreme Court of Ontario last year by Scintilore Explorations (TSE), dealing with the staking of mining claims at the Hemlo gold camp in northern On…
Belmoral boosts Canreos holding
Shareholders of VSE-listed Canreos Minerals (1980) approved the issuance of about 4.6 million shares to Belmoral Mines (TSE), the companies report. A debenture worth $1.45 million was converted into 2…
Capital investment plans Agnico to spend $100 million
“You can’t sit still in this business. But you have to raise money to go forward.” So said Agnico-Eagle’s Paul Penna at the company’s annual meeting, citing expansion requirements that will call for s…
Granges, Hycroft fast learners in Nevada region
In terms of natural beauty it’s safe to say that Mother Nature hasn’t been kind to Nevada. But looks can be deceiving and, indeed, much of the state’s wealth lies hidden beneath its barren, inhospitab…
HSK boosts property holdings
A further 200 claims have been added to the holdings of HSK Minerals (TSE) in the Kirkland Lake area, shareholders were told at the recent annual meeting, making the junior-mining company a major prop…
NovaGold hits the road to raise $4-$20 million
With a successful financing, NovaGold Resources (TSE) of Halifax, N.S. could have its first gold mine in production by the end of the year, says president Gerald McConnell. Speaking at an information …
Total Erickson Res. in Getty merger
A proposed merger between Total Erickson Resources (TSE) and its affiliate Getty Resources (TSE) will result in the creation of a new company called Total Energold Corp. The new entity will have conso…
Warm weather expected to boost Ateba
Gold production from the screening and sorting operation of Ateba Mines (TSE) in Beardmore, Ont., was lower during the winter months than originally anticipated. The reason is one of the coldest winte…
Global mine production of gold up 6% in 1987
As in past years, international mining company Consolidated Gold Fields’ Gold 88, a review of last year’s gold scene around the world, does not disappoint. Below is a sampling of information “nuggets”…
INSIDER TRADES (July 04, 1988)
Abbey — S. Spivak bought 7,500 to hold 58,501. Aurelian — R. Martel bought 60,960 to hold 274,269. Dickenson — Brewis & White sold 100,000 to hold nil. Dumagami — Mentor bought 14,500 to hold 190,…