Charges have been laid against Inco and two Inco foremen in connection with an April 14 accident that killed four miners at the company’s Levack nickel mine in Sudbury. Inco has been charged under Ont…
To finance exploration costs on a number of properties, Toronto- based Nuinsco Resources has reached a flow-through share financing agreement with Echo Bay Mines. Under the agreement Nuinsco will sell…
While trading on the Alberta Stock Exchange continued to be lacklustre, McSev Exploration was the week’s outstanding issue with 727,200 shares traded. McSev, which remained steady to close at 40 cents…
“The average guy on the street loves the coin.” Goodbye dollar bill, hello dollar coin. We’re not quite sure how the Royal Canadian Mint’s communications director, Murray Church, can be so positive …
Nexus Resource Corp. has concluded a joint venture agreement with St. Joe Canada and Imperial Metals Corp. on their Silver Pond property in the Toodoggone area of B.C. Under the agreement Nexus will i…
A $7-million surface and underground exploration program at the Magino joint-venture project in the Goudreau area of northern Ontario continues to obtain encouraging results, J. T. Flanagan, president…
Drilling is under way on Hemisphere Development Corp.’s property in the Courageous Lake area of the N.W.T. An $800,000 surface exploration program will include 20,000 ft of diamond drilling. The Hemis…
Patience is about to pay off for Vancouver-based Grandview Resources. The company, which poured its first dore bar last December from its Carson Hill heap-leach operation in the Mother Lode area of Ca…
The proposed amalgamation of Esperanza Explorations and Black Swan Gold Mines could result in 100,000 oz of gold production for the two companies by late 1988. According to Esperanza President John S….
An agreement has been reached between Belmoral Mines and McLeod Young Weir International whereby McLeod will purchase four million units, each consisting of one share and one warrant, at $6.50 per uni…
Abaterra Energy reports it has signed a letter of intent with Marshall Energy whereby Abaterra proposes to sell substantially all of its petroleum and natural gas properties and interests to Marshall,…
Exploration work has started on the Mets property of Manson Creek Resources and Golden Rule Resources in the Toodoggone area north of Smithers, B.C. Diamond drilling is scheduled to begin once drill s…
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