Alberta-listed Zahavy Resources says it has been advised by Getty Resources that a third party has made an offer-to-purchase Getty’s 50% interest in the Favourable Lake joint venture property located …
The board of Novamin Inc. has accepted a takeover offer by Breakwater Resources, subject to the completion of a definitive agreement. Terms of the proposal would see Breakwater issue one share for two…
A new gold discovery has just been added to the portfolio of Toronto-listed Canamax Resources. The site of the discovery is at its wholly-owned Lochalsh project, located in the Goudreau gold belt 35 k…
Once again golds set the market on its ear with a rise that seemed to defy gravity itself. Spurred on by worries of a sinking U.S. dollar, bullion prices soared to a high of over $420(US) an oz while …
A 500-ft stepout hole on the joint venture property of North American Rare Metals and Dundee- Palliser Resources in Vezza Twp. in Quebec’s Casa Berardi area has extended the gold zone to 2,000 ft and …
Edda Resources made a strong advance to 85 cents -95 cents from the 35 cents range. The company holds a 51% interest in a private company. The private firm holds a large land position near the Namew L…
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Mar. 31 Mar. 30 Mar. 27 Mar. 26 Mar. 25 Copper 949-950 944-945 950-952 943-945 926…
In a move that is designed to put Murray Pezim out of the picture, Royex Gold Mining has announced an offer worth potentially $230 million to boost its ownership in International Corona Resources to a…
World zinc consumption could increase by 2% per year from now until 1990, thanks in large part to the automakers, according to Coopers and Lybrand. The firm, in a recent Global Mining Outlook, links t…
I wish to support Mr Kortschwar’s letter in your March 23 issue (Too Much on Gold?). I, too, have been a subscriber for many years and bought into some of your base metal companies before they ran int…
Additional ground has been acquired by United Reef Petroleums near Madoc, Ont. United, which now has 110 claims in the area, says the ground was acquired for its gold potential. Gold showings sampled …
A 30,000-ft diamond drilling program has been recommended for the Hardrock Extension Inc. property near Geraldton, Ont. The work will follow up encouraging drilling completed last year which resulted …
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