News

Lumina Investments (LMI-V) has changed its name to Latitude Minerals (LTU-V) on a 1-new-for-5-old-share basis.

Calgary-based Keylock Resources (KL-A) has signed a letter of intent to merge with Centramining, a Cyprus-based company with five exploration properties in Kazakstan.Under the terms of the deal, Keylo…

Tenge Fungurume, a copper-cobalt project in Zaire, will undergo a $15-million feasibility study.The project is currently owned by Tenge Fungurume Mining, a Zairian company owned 45% by state-owned min…

Canamera Geological has walked away from an $8-million deal with Newhawk Gold Mines (NHG-T) for a 60% interest in the Bruceside-Sulphurets gold-silver property.Previous feasibility work at the British…

Band-Ore Resources trades on the Toronto Stock Exchange under the ticker symbol BAN. Incorrect information appeared in the issue of Dec. 16.

Ian Brown appointed secretary and chief financial officer.

The Brazilian subsidiary of Placer Dome (PDG-T) will acquire from Brazilian Resources (BZIN-C) an interest in the Sabara gold property.To earn its 70% stake, Placer Dome must make option payments wort…

Busily establishing a presence in northwestern Ontario, Avalon Ventures (AVL-V) has added a new gold property to its portfolio.The Dubenski property, 60 km southeast of Kenora in the Cameron Lake area…

London Metal ExchangeMidday bid-ask prices in $US per tonneDateDec. 17Dec. 16Dec. 13Dec. 12Dec. 11…

ExchgValue($000s)HighLowCloseChangeBre-X MnrlsT46…

Drill testing of four potential kimberlite targets on the Yamba Lake property in the Northwest Territories has been suspended until the new year.Cypango Ventures (CAV-V) has the right to earn up to a …

The intentions of Charles Pelley and Iona Wright in Paydirt: The Spirit of Canadian Mining are lofty and noble indeed: they set out to divest Canadians of their misconceptions about mining.They come c…