Black Fox Mine


Apollo Gold revitalizes mature mines

Winnemucca, Nev. — The inaugural year of Apollo Gold (APG-T) proved to be auspicious. In 2002, the Denver-based company produced 154,860 oz. gold, doubled its reserve base and picked up the promising…


Apollo raises $14.4 million for Montana Tunnels

One more sign that things are picking up in the gold business: Apollo Gold (APG-T) has completed a private placement of 6 million units priced at $2.40 each for gross proceeds of $14.4 million.A unit …


Exall runs into trouble

Exall Resources (EXL-T) has hit a last-minute snag in its attempt to enter Romania’s petrochemical industry.The company’s US$10-million acquisition of a 53% shareholding in Oltchim, Romania’s largest …


Glimmer mine shuts down

Partners Exall Resources (EXL-T) and Glimmer Resources (GME-V) have suspended production at their Glimmer gold mine in northern Ontario.The pair hopes to resume production in the near future, and, tow…


Golds rise above broad market woes

Dragged down again by a troubled industrial sector, the Toronto Stock Exchange 300 index sank 251.43 points over the Nov. 15-21 report period to end the week at 9,013.86.Fairing a good deal better wer…


Exall retains Glimmer stake

An out-of-court settlement between Exall Resources (EXL-T) and Glimmer Resources (GME-V) has resolved the ownership battle for the Glimmer gold mine, east of Matheson, Ont.Exall will retain a 52% owne…


Exall, Glimmer make amends

Partners Exall Resources (EXL-T) and Glimmer Resources (GME-V) are resolving a 3-year-old dispute over the Glimmer gold mine in northern Ontario.The two have signed a heads-of-agreement, details of wh…


Exall Resources records quarterly loss

Toronto-based Exall Resources (EXL-T) lost $716,431 (or 2 cents per share) in the three months ended Sept. 30, compared with earnings of $801,031 in the third quarter of 1998. Revenue between the peri…


Exall ends Stock contract

Junior Exall Resources (EXL-T) has cancelled its custom-milling contract with St Andrew Goldfields (SAS-T) in favour of the Macassa mill of Kinross Gold (K-T).Exall operates and owns a major…


St Andrew still in the red

On the heels of reactivating its Hislop gold project in northern Ontario, St Andrew Goldfields (SAS-T) has reported another quarterly loss.The junior lost $365,277 in the 3-month period ended June 30,…


Exall slips into the red

Lower production and the depressed price of gold contributed to a second-quarter loss for Exall Resources (EXL-T).For the three months ended June 30, the junior miner lost $678,159 (or 2 cents per sha…


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