News

Edwin Warren, president of Assayers (Ont.) Ltd., died recently in Toronto. He was 73. Warren graduated from the University of Toronto in 1944 in chemistry and mineralogy. He worked for Alcan, both in …

By merging with Bradner Resources (VSE), Akiko-Lori Gold Resources (VSE) hopes to gain control of a major interest in Gold Canyon Resources (VSE). Akiko-Lori is offering to acquire all the outstanding…

A stepout drilling program is being planned by NCA Minerals (VSE) to follow up a recently completed initial drill program on its San Lazarus property in Santa Fe Cty., N.M. The company released result…

A recent agreement between a unit of AsarcoKookaburra Gold…

The Vancouver Stock Exchange’s Composite Index dipped below the 500 level over the period ended Jan. 22, 1991, touching down at 499.2 for yet another record low. The Resources Index followed suit, plu…

Toltec Resources Ltd — 300,000 units offered @ 95 cents per unit.

The Caparo Group of London, England, has increased its stake in Stratabound Minerals (ASE) to 698,167 shares or about 19.4% of the latter company’s outstanding shares. Caparo, a private United Kingdom…

Equity markets had a rocky ride during the week ended Jan. 22 as gold and oil prices gyrated in response to the troubling events unfolding in the Persian Gulf war. During the war’s first week, investo…

Production levels are slowly getting back to normal at the Placer Dome (TSE) Dome gold mine here. The 82-year-old producer is bouncing back from a bitter 5-month strike by the United Steelworkers of A…

A writedown of capitalized exploration and development costs incurred in prior years contributed to Aur Resources (TSE) reporting a loss for its fiscal year ended Sept. 30, 1990, of $40.9 million. Rev…

Keith Hulley appointed executive general manager, operations.

Thunderwood Resources (TSE) director William Vaughan recently sold a considerable portion of his interest in the Toronto-based gold and base metal explorer. According to the Ontario Securities Commiss…