Once known principally for its production of uranium, Rio Algom (ROM-T) is steadily earning a reputation as a major producer of copper.Last year, while addressing shareholders at the company’s annual …
In a move aimed at accelerating production from the Velardena gold-silver mine in Durango state, Mexico, a group of investors represented by Global Equities has acquired a block of ECU Gold Mining (EC…
Slumping metals prices and weak equity markets have not deterred Grayd Resources (GYD-V) from pursuing its impressive portfolio of properties in the Bonnifield and Delta districts of Alaska.”We’ve bee…
With its new 14-ft. commercial pan plant up and running, Trivalence Mining (TMI-V) continues to crank out diamonds at its 85%-owned Aredor alluvial operation in Guinea, West Africa.For the month of Ma…
Golden Star Resources (GSR-X) has agreed to accept shares from Guyanor Ressources (GRL.B-T) as repayment of debt.The transaction increases to 71% Golden Star’s stake in the French exploration company….
American brokerage houses Lehman Brothers and Goldman Sachs have reached an agreement with the new government of Indonesia to assist in the partial privatization of 12 state-controlled companies.The g…
Short positions outstanding at June 15, 1998Larger individual positions include: Abacan Resource 363,104, up 88,485; Abitibi-Consolidated 959,027, up 591,100; Ashton Mining of Canada 117,746; Asia Pac…
The Toronto Stock Exchange enjoyed a broad trading range during the June 17-23 report period, with the TSE 300 composite index dropping marginally to 7,175.23 points. Both mining sub-groups fell more …
AJ Perron and Arimetco International have both been de-listed. Is there any hope for either of them?.SFred Carach,.SMiami, Fla.Arimetco International (ARX-T) was de-listed by the Toronto Stock Exchang…
Alaska and Russia share a relationship, and companies wishing to do business in eastern Russia should consider opening an office in Alaska.The most obvious advantage of Alaska-based offices for Russia…
The Alcan-Alcoa consortium has declined to submit a bid in the privatization of Venezuela’s aluminum companies, stating that the risks inherent in the current privatization process far outweigh the po…
Vancouver-based Aurizon Mines (ARZ-T) has arranged a $7-million financing, proceeds from which will be used to acquire and explore the Casa Berardi gold mine in northwestern Quebec.The first installme…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.