Some investors are feeling uneasy about upward-trending interest rates and the potential impact on the market so they are trading cautiously. Also, with many seasonal exploration programs winding down…
City Resources — J. Ron Longstaffe appointed president and chief executive officer.
In general, mining people are quite adaptable to changing conditions even if the transition involves leaving a major company for a junior. As an example, Vancouver-based Treminco Resources has four ex…
Bellco Energy Corp. has changed its name to Ocutech Canada Inc. (occ:vse) on a share-for-share basis.
With the resumption of drifting on the No 3 vein at a depth of 200 ft, Chesbar Resources reports high gold values have been encountered at the Chester Twp. property in northern Ontario. From the point…
A $1-million underground exploration program will be carried out by Aur Resources on the Hewfran property at Desmaraisville in northwestern Quebec. Surface drilling has outlined ore grade gold mineral…
New financing has been arranged by Rado Reef Resources that should see its gold-silver mine near Cortez, Col., through to production. Rehabilitation of the underground workings is already under way, a…
Officially opening its D’Or Val Mines gold mine near here this month was the Vancouver-based Hughes-Lang Group. About 650 people attending the ceremony saw D’Or Val Mines President Frank Lang, instead…
A merger agreement between Cambior Inc. and Sullivan Mines has been announced by Cambior President Louis Gignac. Cambior, which currently has a 35% stake in Sullivan, plans to increase to 100% its sha…
Exploration ’87, otherwise known as the “Third Decennial International Conference on Geophysical and Geochemical Exploration for Minerals and Groundwater”, has attracted a distinguished slate of the w…
A second high grade zone has been discovered at Fairfield Minerals’ Logan zinc-silver property 65 miles west of Watson Lake, Yukon. The property falls under a joint venture agreement with Getty Resour…
Continuing to trade actively on the Montreal Exchange this week was Abitibi Metal Mines, which closed down 3 cents to 24 cents with more than 1.2 million shares changing hands. Confident about bringi…
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