News


METAL MARKETS Shareholders nix amalgamation plan

Preferred shareholders of Potash Co. of America recently rejected a proposal to amalgamate the company with Rio Algom, which controls almost 88% (all of the common shares) of the company. Potash Co., …


Queries Gold boosts Edda shares

I would appreciate any information you can give me on Edda Resources. The issue doubled a couple of weeks ago and I would like to know what caused it to go up. Edda appears to be a good stock for inve…




Carolin options B.C. property to Dome Explor.

An agreement has been signed whereby Carolin Mines will option its gold property near Likely, B.C. to Dome Exploration. Under the agreement, Dome can earn a 60% interest in the prospect for an expendi…


Asamera Minerals files prospectus

Calgary-based Asamera Minerals has completed an initial public offering through Midland Doherty Ltd. and Dominion Securities Inc. Under the terms of the offering, Asamera has agreed to sell 2.5 millio…


Viceroy mine construction could begin in September

Construction work could begin this September on Viceroy Resource Corp.’s Castle Mountain property in California, says D. Ross Fitzpatrick, president. In the meantime, he confirms the “permitting proce…


Montreal Exchange Actvity in Ungava

A record-breaking performance on the Montreal Exchange gave way to less heady trading, with both the market portfolio and mining and minerals index experiencing a downturn during the latter part of th…


Option obtained on placer leases

An option to acquire a 50% interest in four placer-mining leases in the Quesnel mining district near Barkerville, B.C., has been obtained by hwi Industries. The company reports the Barkerville area pr…


Noranda’s Black Pine looks heap leachable

Some encouraging results at Noranda Exploration’s recently obtained Black Pine property in Cassia Cty., Idaho, means that the company could be on the verge of beginning a heap leach operation there. A…


People (July 27, 1987)

FOUR SEASONS RESOURCES — Paul W. Richardson appointed senior geological ** ** consultant. **…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close