The Sulphurets property in northwestern British Columbia has been divided into three parts as a result of the closing of recent agreements among Newhawk Gold Mines (TSE), Placer Dome (TSE) and Granduc…
The proposed merger between Hillsborough Resources (TSE) and Consolidated Brinco (TSE) was recently approved by shareholders and the Alberta courts. Under the merger arrangement, Consolidated Brinco s…
As a result of a planned restructuring, Galactic Resources (TSE) announced it will not meet the Jan. 31 interest payment on its outstanding 7% exchangeable debentures. Peter Guest, president, said the…
Semi-monthly reports as of January 31, showed 22,728,756 shares of 591 issues compared with 20,679,088 shares of 600 issues on January 15. Larger individual positions included: Amer. Barrick 147,500, …
Late last year, Fort Knox Gold Resources emerged from a dormant penny stock to become one of the most active issues in The Toronto Stock Exchange. Much of the credit goes to Exploration Vice-President…
Shares of Joutel Resources made the active list during the week ended Feb. 11, as Aur Resources prepared to start drilling on the company’s copper-zinc property in northwestern Quebec. Joutel moved up…
News of a gold discovery on the Devon property near Matheson, Ont., added a nickel to Kingswood Explorations, which closed at 29 cents on strong volume for the week ended Feb. 11. Hole 92-16 returned …
The VSE indices posted strong gains during the week ended Feb. 11, with the composite index adding 21.43 points to finish at 653.8 and the resource index bouncing off the 500 level to close up by more…
Shareholders of Fort Rupert Resources have cleared the way for a takeover by Kingswood Explorations (ASE). Under the deal, which is subject to regulatory approval, Kingswood will issue one of its shar…
A net loss of $41.3 million was reported by Cominco (TSE) for 1991, compared to a profit of $54.8 million in 1990. The company attributed its drop in earnings primarily to the worldwide decline in met…
Newmont Mining (NYSE), North America’s biggest gold miner, is planning to team up with the second largest gold producer of the former Soviet republics to extract ore from low-grade deposits. Newmont C…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb 11 Feb 10 Feb 7 Feb 6 Feb 5 Copper 1206-1207 1189-1191 1189-1191 1198-1199 1201-…
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