Exploration work is under way on the platinum properties held by American Platinum Inc. in the Lac des Iles area, 50 miles north of Thunder Bay, Ont. Linecutting, geochemical and geophysical surveys a…
Dome Mines, Campbell Red Lake Mines and Sigma Mines (Quebec) plan to restructure their gold interests in the United States. Campbell will buy Dome’s and Sigma’s indirect interests in the Dee gold mine…
Aur Resources, which has budgeted $18 million for exploration and development work this year on six properties, reports net income of $314,032 for the nine months to June 30, equal to 4.4 cents per sh…
Gold-purchase warrants are gaining favor among gold producers as a way to attract investors. Three companies have issued gold purchase warrants in the past two months, but the market…
The net asset value per class A share of Goldcorp Investments as of the close of business Thursday, Sept 4 amounted to $10.32 . The closing market price on the Toronto Stock Exchange for that day was …
Question on Hemlo. How best to deal with the human services, (housing, health, recreation, etc.) in the communities most affected by the Hemlo gold boom? To help the companies, the communities themsel…
Underground work has started at Flanagan McAdam Resources’ Magnacon gold property in the Mishibishu Lake area of northern Ontario. Flanagan holds a 50% interest in the property while associated compan…
A letter of intent has been signed between Hudson Bay Mining and Outokumpu Mines, which if concluded, will establish a joint venture partnership commited to exploring and developing Hudson Bay’s Namew…
The price of cobalt, which has been tumbling since the beginning of the year when it was about $11(US) a pound, climbed to their its highest price since June when it topped $7 this week. Production in…
Chesbar Resources has dropped an option on proven oil reserves in the Beaufort Sea and has put Murgold Resources’ gold property in Ontario’s Swayze area at the top of its property list. The oil ventur…
Trading was back to about normal this week in Calgary, with 5,549,500 shares traded, almost double the previous week’s slow market. The most active issue was Sweany Gold Corp., trading close to 760,00…
The amalgamation of Faraday Resources and Marcon Canadian Holdings Inc., a private company, was approved by Faraday shareholders at a meeting held Aug. 21 with the amalgamated company continuing under…
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