News

New management at City Resources (TSE) has decided that a previous feasibility study of the Cinola gold project is worth a second look. To that end, Chairman Ray Soper and President Robin Slaughter ha…

The principals behind two hugely successful royalty companies are aiming to roll out another such entity. The targeted royalty investments this time are gold properties in Latin America. Currently, th…

The Toronto Stock Exchange surpassed another record during our report week when 106 million shares worth $1.27 billion changed hands on Feb. 2. Such enormous volumes, however, were overshadowed by a m…

Patrick James elected president and chief operating officer; Richard Zitting appointed chairman and chief executive officer.

Randstrom Manufacturing (ROW:VSE) has changed its name to Francisco Gold (FGX:VSE) on a share-for-share basis.

Shareholders will vote March 16 on a plan to amalgamate Dickenson Mines (TSE), Goldcorp (TSE) and CSA Management (TSE). The boards of directors of the three related companies have approved a proposed …

Toronto-based Kinross Gold (TSE) is increasing production at the QR mine near Quesnel, B.C. The daily rate will rise to 800 from 500 tonnes, as a result of the provincial government having approved an…

The Aggregate Producers’ Association of Ontario will convene its 37th annual meeting Feb. 24-25 in Toronto. The theme of the meeting is: “Quality . . . there is no substitute.” The leader of Ontario’s…

William Diston elected president.

Peter Delancy and Hughes Salat appointed directors.

Francis Kane appointed vice-president, investor relations.

By the summer of 1995, a new aluminum plant will be up and running in Trois-Rivieres, Que. The provincial government and Venezuelan-based Sural have agreed to share the $60-million cost of building th…