Denying a charge by Zenmac Zinc (ASE) that it acted in bad faith in developing the Winston Lake polymetallic deposit in northern Ontario, Minnova Inc. (TSE) has launched a counterclaim in the Supreme …
After two years of concentrated exploration at its Val d’Or, Que., land holdings, Toronto-based Aur Resources (TSE) will make its debut this September as a Canadian gold producer. The Toronto company …
A private placement agreement between Eastfield Resources (VSE) and Placer Dome (TSE) gives the latter the right to acquire up to 40% of the outstanding shares of Eastfield. Subject to regulatory appr…
Use of an old mine shaft is giving Newfields Minerals (TSE) and Teck Corp. (TSE) an exploration head start in the Kirkland Lake area of northern Ontario. The old Lake Shore No 5 shaft will give the co…
A 25% interest has been earned by Ronrico Explorations (VSE) in the Simkar gold project near Val d’Or, Que. An agreement between Ronrico and Fonteneau Resources required the former to spend $2 million…
When Mount Wright Iron Mines finally gets the money it’s owed by Exminesa, the company that owns and operates the Rubiales lead-zinc mine in Spain, it should have a significant bundle of cash. Mount…
Assay results (N.M., April 25/88) from drilling in northern New Brunswick should have read as follows: Granges Exploration (TSE), Middle River property, values to 0.225 oz gold per ton over 9 ft; Cari…
Like many junior explorers across Canada, Anglo Dominion Gold’s (TSE) ability to finance its main projects was hampered by the Oct 19 market downturn. Nevertheless, the Toronto company’s financial pos…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) May 96.50 95.00 95.90 + 6.55 Jul 91.10 89.60 90…
Reporting encouraging drilling results from properties in Saskatchewan and Manitoba is Troymin Resources (ASE). At La Ronge, where Saskatchewan Mining Development is the operator, 13 holes representin…
A gold discovery in northern Chile has been described by the president of Lac Minerals (TSE), Peter Allen, as “highly significant for the company.” The discovery was made on Lac’s 85%-owned Apolinario…
If there were any doubts about the success of the mineral exploration industry’s attempts to make the continuation of flow- through financing a political issue, they were laid to rest when the federal…
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