News

Peter Steen appointed president and chief executive officer.

Guy Saint-Pierrre appointed director.

Walter Hunt appointed vice-president of operations.

The Toronto Stock Exchange composite 300 index managed an almost 70-point gain during the 5-day period ended Aug. 30, closing at 4333.71. During the period, gold climbed $3.65 to close in London at US…

Another disappointment on the diamond front appeared to have little effect on the overall market during the report period ended Aug. 30. An optimist might say the market was at or near its bottom, whi…

Australian mining giant Broken Hill Proprietary is proceeding at full speed in the race to develop Canada’s first diamond mine. The company, through subsidiary BHP Minerals Canada, is earning a 51% in…

New York-listed Reynolds Metals has retained a securities firm to help sell its remaining gold mining assets in Australia. The assets include mines in the Marvel Loch and Southern Cross areas, the Mt….

— 1994 — Aug 30 Aug 29 Aug 26 Aug 25 Aug 24 High Low Composite”300″ 4333.71 4332.43 4304.43 4257.00 4263.73 4609.93 3518.31 Metals&Minerals 4048.35 4050.15 4065.10 3953.90 3979.97 4087.94 3273.56 In…

Week’s Price (US) Change Gold* $386.25 + $3.65 Silver* $ 5.36 + $0.15 Platinum* $412.00 + $0.25 Nickel** $ 2.79 + $0.13 Lead** $ 0.27 + $0.01 Copper $ 1.13 + $0.04 Zinc $ 0.44 + $0.01 Courtesy of Scot…

Expanding on its plans to merge with privately owned McKinney Mines, Gold City Resources (ASE) has announced that Providence Industries (VSE) will be included in the proposed amalgamation. McKinney an…

Toronto-listed Noranda can earn up to a 75% interest in the San Isidro property in Mexico from Aquiline Resources (VSE). Aquiline estimates the property hosts between 20 and 70 million tonnes grading …

With the withdrawal of the Royal Oak Mines (TSE) bid, it appears likely that shareholders of Lac Minerals (TSE) will support the bid tendered by American Barrick Resources (TSE) and transfer control o…