News

The rabid environmentalists seem to be stymied in their campaign to shut down the logging industry of Clayoquot Sound in British Columbia. The government stands firmly committed to its land-use decisi…

Week’s Price (US) Change Gold* $370.10 – $6.00 Silver* $ 4.33 – $0.22 Platinum* $366.75 – $5.90 Nickel** $ 2.10 – $0.02 Lead** $ 0.19 + $0.01 Copper $ 0.74 $0.00 Zinc $ 0.42 $0.00 Courtesy of Scotiaba…

— Week — Nov 30 Nov 29 Nov 26 Nov 25 Nov 24 High Low Composite”300″ 4180.21 4170.33 4220.61 4229.18 4223.34 4233.58 4168.06 Metals&Minerals 3275.99 3257.66 3274.72 3269.89 3274.33 3290.40 3257.53 In…

Toronto-listed Platinova A/S has reported encouraging values from its sedimentary-exhalitive-type zinc discovery in northeast Greenland. The company holds an exploration concession which covers a sedi…

Joseph Notaro appointed vice-president, finance; Avrom Howard appointed vice-president, exploration.

Richard Coglan appointed director; Robin Lockhart appointed chief financial officer.

Gold bullion took what seemed a decisive tumble during our report week, dropping US$6 to US$370.10 per oz. However, at presstime (which is one day later than the closing prices in our stock tables) bu…

BGR Central Net Value $14.94 $6.21 Price $13.88 $6.625 Premium 6.7% Discount 7.10% Value $83,666,000 $119,907,863…

Gold Parl Resources (GPA:VSE) has changed its name to Canmet Resources (CMT:VSE) on a 1-new-for-2-old-share basis.

Encouraging gold and base metal values have been uncovered at MH Resources’ Mag Lake property in the Northwest Territories. The company is owned 40% by Noble Peak Resources (ASE), 40% by Dejour Mines …

A subsidiary of Advanced Material Resources (ASE) has acquired a 60% interest in a rare earth oxide plant in East China. The plant, in Jiangyin within Jiangsu province, produces high-value rare earth …

Lower copper prices drove Arimetco International (TSE) to a loss for the nine months ended Sept. 30. A loss of US$2.7 million on sales of US$15.2 million was reported for the period. This compares to …