News

Malcolm Macdonald appointed director.

Eugene Beukman appointed director.

Gold Funds as of May 2 BGR Central Net Value $16.97 $6.74 Price $14.38 $7.250 Premium 7.6% Discount 15.30% Value $137,878,000 $131,219,925…

Consolidated Keld’or Resources (CKD:VSE) has changed its name to CKD Ventures on a 1-new-for-5-old-share basis.

Up to 50 jobs have been saved at the recently closed Nova Gypsum plant in New Brunswick. Westroc Industries, Canada’s leading drywall producer, bought the business, which was placed in receivership la…

Strong industrial production in most member nations of the Organization for Economic Co-operation and Development continues to bolster base metal markets, while uneasiness over social issues in Russia…

Australian miner MIM Holdings plans to sell its 12.7 million shares of Granges (TSE) to Atlas (NYSE) at a cash price of $4 per share. The shareholding represents a 37% interest in Granges, which, in t…

Nickel and base metal giant Falconbridge has filed a preliminary prospectus with the Ontario Securities Commission with regard to an initial public offering of its common shares. Although details of t…

Drilling on the Damoti Lake property north of Yellowknife, N.W.T., has returned additional gold intersections for partners Athabaska Gold Resources (TSE), Consolidated Ramrod Gold (TSE) and Gitennes E…

Producer Kennecott, a unit of RTZ (NYSE), is proceeding with a second phase of work at the Tintic venture in western Utah. The company paid US$50,000 cash to Centurion Mines (NASDAQ) as part of its se…

Partners Arkona Resources (VSE) and Taurus Ventures plan to seek a senior partner to participate in their Goddell gold project. The project, 50 miles south of Whitehorse, Y.T., is held 75% by Arkona a…

The Living Rock, by A.J. Wilson. Published by Woodhead Publishing, Abington Hall, Abington, Cambridge, England CB1 6AH. 320 pages. 35 (US$65) plus postage. In his new book, subtitled “The Story of Met…