PEOPLE – Patricia
Richard Sutcliffe appointed CEO and director; C. Nigel Lees and Donald Ross appointed directors.
Richard Sutcliffe appointed CEO and director; C. Nigel Lees and Donald Ross appointed directors.
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An independent resource calculation has expanded the size of the George Lake gold deposit of Kit Resources (KIT-T).Situated near Bathurst Inlet, N.W.T., the deposit is now estimated to host 6.5 millio…
Following a year of due diligence and about $1 million worth of expenditures, Zen International Resources (ZQP-V) is walking away from what was once its centrepiece in southeastern China.The company h…
Inco’s sale of its alloys division to a U.S. manufacturer could net the nickel miner US$408 million.Plans to sell Inco Alloys International to New Hartford, N.Y.-based Special Metals hinge on regulato…
Ross Fitzpatrick, chairman of Channel Resources (CHU-T), is continuing to urge shareholders to reject an “opportunistic” takeover bid by rival West African explorer Etruscan Resources (EET-T). But hav…
Toronto-based Bolivar Goldfields (BVG-T) has completed a US$20-million financing with Barclays Bank and Standard Bank London.The financing comprises a US$16-million senior loan and a US$4-million subo…
More than US$18 billion was spent on mergers and acquisitions in the mining and metals processing industries in 1997. This represents a 50% increase over 1996, when only US$12 billion was spent. In 19…
“The Ugly Canadians” (who else but miners?) made the evening news this past week, with their tailings spills and environmental scandals featured in prime time alongside reports of further sex scandals…
Tiomin Resources (TIO-T) has completed a private placement of 2 million shares priced at 50 cents each, for proceeds of $1 million.The company is preparing to begin a feasibility study at its Kwale ti…
Intergold recently informed me that it has made a major gold discovery in south-central Idaho. The company’s comments regarding ore grades appear inconsistent (0.14 oz. per ton versus 0.03 oz. obtaine…
Hewson & White Printing, P.O. Box 1295, Kingston, Ontario K7L 4Y8″It is sometimes surprising how many prized cattle a farmer may own,” says Karl Harries in one of his many footnotes, “and how prone th…
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