News

As 40% of the world’s zinc producers will have trouble meeting their cash costs at current prices, zinc won’t remain at recent levels for very long, said Graham Farquharson, President of Conwest Explo…

BMR Gold (TSE) has hired a New York investment banking group to help in arranging a private financing worth up to $4.5 million to be spent on BMR’s Oliver Hills heap leach facility, which is nearing s…

Marshall Bertram appointed director and corporate secretary succeeding Edgar Fenwick who resigned.

Michael Tippett promoted to executive vice-president of CDE Chilean Mining.

The Gaspe Prospectors Association (L’Association des Prospecteurs Gaspesiens), in co-operation with the Quebec Ministry of Energy and Resources, will host a symposium June 12-14 on prospecting in the …

Anton Hendriksz appointed chairman of the board succeeding Donald Busby who resigned.

Gerald Ross appointed chairman of the board and chief executive officer; Hugh Ross appointed president and chief financial officer; Kecha Panchmatia appointed secretary-treasurer.

Contrary to what was reported in The Northern Miner (May 6/91), Deak Resources director Douglas Hume recently bought 9,000 shares for 54 cents to hold 147,500.

Frank Callaghan appointed president; Bruce Elner and Michael Scott appointed directors succeeding Peter Yearwood, Kenneth Sumanik and Maro MacKinnin-Andrew who resigned.

Gold funds as of May 14 BGR Central Net Value $8.78 $5.09 Price $7.38 $4.650 Discount 15.95% 8.6% Value $52,275,460 $78,232,995…

Ardvreck Inc., a private company controlled by former Pamour (TSE) President Denis McLeod, recently agreed to purchase a 22.4% controlling stake in Vancouver-based Golden North Resources (TSE). Pendin…

As we prepare for Corona Corp.’s annual and special general meeting which will take place May 31 in Vancouver, we were a little non-plussed to read in the TSE market report (T.N.M., May 6/91) that our…