The Coniagas group of six companies has reported results for the 6-m onth period ended June 30 with three of the four operating companies reporting losses for the period. The group includes Coniagas M…
Based on a belief that there will be a return to rising oil prices b y the end of this decade, Canada Northwest Energy is taking advantage of the present depressed state of the petroleum industry by o…
International Corona Resources has filed a final prospectus to offer 1.65 million 1996 warrants to the public at $27.50 per warrant to raise $45,375,000. The warrants will be fully paid upon issue. Ea…
Aunore Resources has announced the first results of exploration programs on its Puiseaux properties in the Casa Berardi area and its Hebecourt property northwest of Rouyn- Noranda. In a small drill pr…
A $500,000 exploration program is slated for the Kremzar gold proper ty, operated by Canamax Resources. Joint venture partner Kremzar Gold Mines says it will participate on a 50/50 basis. The property…
Calgary-based Shannon Energy has entered into a $1.5-million explora tion agreement with Preussag Canada on two groups of mining claims located at Watson Lake in the Matagami mining camp of Quebec. Pr…
Another high-grading drill section has been pulled by partners Manso n Creek Resources and Golden Rule Resources from their Mets gold property in the Toodoggone area of British Columbia. The hole cut …
Drilling on Flanagan McAdam Resources’ Gwillim Lake property in the Chibougamau area of northwestern Quebec has intersected significant gold values, the company says. The latest hole, No 86-4, returne…
With one record year under its belt, Agnico-Eagle Mines appears well on its way to achieving another. For the six months ended June 30, the company’s gold division produced at an all-time peak in tons…
Goldpost Resources says it has completed the portal for a decline on its Hislop Twp. property, about 45 miles east of Timmins, and has let a contract for the first phase of the decline, for 1,200 ft. …
American Barrick Resources has filed a preliminary prospectus with t he Ontario Securities Commission for a new issue of two million units at a price of $21.50 per unit, each unit to comprise one comm…
British Columbia has a history of labor unrest which, to a large extent, disappeared during the recent recession. Mass layoffs in forestry and mining because of low commodity prices appeared to hit ho…
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