News

Richard Garnett appointed director.

Raymond Davies appointed director.

BGR Central Net Value $17.37 $6.92 Price $15.75 $7.375 Premium 6.6% Discount 9.35% Value $141,156,000 $133,482,338…

Primo Gold (PRI:VSE) has changed its name to Primo Resources (PRI:VSE) on a share-for-share basis.

Montreal-based Nora Explorations (ME) has completed a $150,000 private placement. The funds will be used to explore the company’s alluvial gold and diamond Kade concession in Ghana, West Africa, as we…

Michael Callahan appointed director.

Industrial minerals and aggregates producer Global Stone (TSE) has reached an agreement with Meriwether Capital to acquire all the issued and outstanding shares of Chemstone Corporation. In addition t…

Toronto-based Repadre Capital (TSE) is buying a 5% net smelter return royalty and a 6% net profit interest in the Limon-India gold operation in Nicaragua. It will receive the royalties in return for p…

In June, Botswana Diamondfields (VSE) will begin evaluating 60 kimberlite targets on its properties in Botswana. Air percussion drilling will be used to extract core from up to three holes at each sit…

Drilling has encountered gold values on Champion Bear Resources’ (ASE) Swimit Lake prospect near Dryden, Ont. Twenty-six holes were drilled to test the depth extension and lateral continuity of gold m…

Producer Glamis Gold (TSE) posted a 12 cents-per-share profit for the third quarter of fiscal 1994, compared with 1 cents per share in the same period of the previous year. The increase is largely due…

The Ontario Prospectors Assistance Program (OPAP) has provided funding for 215 projects this year. The Ministry of Northern Development and Mines says $2 million was allocated to OPAP for 1994. The mi…