1990

Several decades ago, the district surrounding this peaceful community was crawling with prospectors and geologists aspiring to find a “company-builder” copper deposit similar to ones found at the near…

Pursuant to its Aug. 2 agreement with Gerle Gold (VSE), Placer Dome (TSE) has acquired 750,000 shares of the company at a price of 53 1/3 cents per share. Of the placement, 562,500 shares are designat…

Edmonton-based Gallery Resources (ASE) has begun production at its Hannandor placer gold mining operation in British Columbia. The first gold shipment of 120 oz. has been sent to the Englehardt refine…

Toronto-based Curragh Resources (TSE) is close to finalizing a $125-million long-term financing package designed to offset debts acquired as Curragh completed the acquisition last year of a 20% stake …

Ross Hofmann, chairman and majority shareholder of little- known Teddy Bear Valley Mines (COATS), likes to tell the story of how he became a member of the Gold Plugged Drill Bit Society. Hofmann, 70, …

A recent article mentioned Carlin Resources (VSE) and the Chandler property, five miles from Weiser, Idaho. I would like to know about the company’s 5% net royalty interest in a new gold mine called t…

A 60,000-ft. drilling program is scheduled to begin this fall on a Panamanian gold property acquired recently by joint venture partners Greenstone Resources (TSE) and Boliden International Mining, a u…

Rising gold prices aren’t likely to affect Canamax Resources’ (TSE) recent decision to shut down its Ketza River and Kremzar mines, says Udo von Doehren, the company’s vice-president of finance. While…

Trading volume during most of the week was in the range of 4.9-6.1 million shares. The general market portfolio index dropped by 39.6 points and the mining and minerals index fell by 86.8 points. At t…

Whether the Vancouver Stock Indices were following gold down or just following through with last week’s drop is debatable. In any event, the Composite and Resources Indices put in dismal performances….

As part of a recent agreement with Murray Pezim and two associates, Corona (TSE) has acquired 5.6 million shares of Prime Resources Group (VSE). Pezim, Lawrence Page and Arthur Clemiss also granted Co…

The Royal Bank of Canada has agreed to provide debt financing to help bring the Simkar gold project, 10 miles east of Val d’Or, Que., into production. The Simkar property, with proven and probable res…