News

Ed Gallagher appointed president and director; Frank Hogg and Avraham Elarar appointed directors.

Tony Erlank appointed director.

Milton Zink appointed director and president succeeding Richard Pearson; Frank Varseveld appointed director and executive vice-president.

Jordex Resources Inc. — 400,000 shs offered @ $2.03 cents per sh. Allan Resources Inc. — 1,000,000 shs offered @ 35 cents per sh. Idaho Cons. Metals Corp. — 750,000 units consisting of 1 sh and 1 …

BGR Central Net Value $8.66 $5.05 Price $7.25 $4.650 Discount 16.28% 7.9% Value $51,575,297 $78,232,995…

The second annual Ontario Mining Week will be celebrated June 3-7 across the prov-ince in various communities through a variety of activities, including underground tours, career days, geological excu…

North America’s top mining companies are moving in to take advantage of the Mexican government’s attempt to attract investment by allowing foreigners to purchase full control of local concerns. Norand…

A wholly owned Chilean subsidiary of Placer Dome (TSE) was recently awarded the right to evaluate the feasibility of developing a mine at the Andacollo porphyry copper deposit in northern Chile. The a…

Associated companies Tenajon Resources (VSE) and Royal Scot Resources (VSE) recently agreed to start negotiations aimed at merging the two companies. Both companies have gold properties near Stewart,…

After-tax proceeds of about $2.4 million were realized by Cominco (TSE) from the recent sale of its 40% shareholding in Cominco Binani Zinc, a company which operates a zinc smelter in southern India. …

Talk of a possible merger involving Newmont Mining and American Barrick Resources provided a much needed shot in the arm to a long suffering gold sector during the week ended May 28. Accompanied by a …

The stock market rallied during the week ended May 28, with the market portfolio jumping by 32.6 points and the mining and minerals index climbing by 44.7 points. Daily trading volumes ranged between …