News

The Geological Survey of Canada (GSC) is assuming an active role in the northeastern Alberta exploration play that has attracted such companies as Lac Minerals (TSE), Tintina (TSE), NSR Resources (TSE…

Shareholders received encouraging news at the annual meeting of Rayrock Yellowknife Resources (TSE). Fiscal 1993 marked the 18th consecutive year of profitability, with more than $8 million having bee…

Toronto-listed Northfield Minerals can earn a half interest in a 1,000-acre property in western Utah. Known as the Clifton claims, the property contains a gold-silver vein system running up to 70 ft. …

An independent feasibility study commissioned by MK Gold estimates US$128 million will be required to develop a mine and mill at the Jerooy gold project in Kyrghyzstan. The company and Kyrghyzstanian …

Joint-venture partners Western Copper Holdings (VSE) and Thermal Exploration (ASE) are reviewing plans to consolidate the ownership of their Carmacks copper project in the Yukon. Western had agreed to…

Saskatoon, Sask.-based Cameco is a uranium company, and as such its prospects are tied to the future of nuclear power. About 17% of the world’s electrical needs are met by nuclear reactors. Forecasts …

During the course of 20-plus years in the stock market, I have been involved with good ones (stocks) and bad ones. In the instance of International Platinum (IPC), what is out of the ordinary is that …

A planned 3-for-1 share split is expected to boost liquidity in Argentina Gold (VSE). On approval by the Vancouver Stock Exchange, the issue’s outstanding shares will increase to 18.4 million from 6.1…

Semi-monthly reports as of May 15, 1994 showed 262,385,709 shares of 853 issues compared with 243,833,036 shares of 818 issues on Apr 30, 1994. Larger individual positions included: Aber 132,800, down…

The recent discovery by Aber Resources (TSE) of several diamondiferous kimberlites further attests to the exploration potential of the Lac de Gras region in the Northwest Territories. The discovery ho…

A feasibility study is being carried out on the Loma de Hierro nickel laterite project in Venezuela, Jordex Resources (TSE) reports. Test work at the minesite has been completed and the emphasis has s…

Barry Cox, Peter Jorgensen and Gregory Bowes appointed directors.