News

A Quebec-based junior has acquired from Messeguay Mines (ME) an option to earn a half interest in the Verneuil gold property near Quevillon, Que. Loubel Exploration (ME) may earn its interest by spend…

At presstime, investors were eagerly awaiting results of recent drilling on property held by DHK Resources in the Lac de Gras area. The DHK group of companies, along with partner Kennecott Canada, has…

Nickel miner Inco (TSE) has sold its 61.9% interest in TVX Gold (TSE) to a group of Canadian underwriters led by Wood Gundy and Burns Fry. Proceeds from the sale, after underwriting commissions, total…

NASDAQ-listed USMX has the right to acquire about 10,000 acres of patented and unpatented mining claims in the Thunder Mountain mining district of central Idaho. The agreement covers the Thunder Mount…

Having completed a $1.6-million private placement, High River Gold Mines (TSE) has begun 18,000 ft. of deep drilling on its Snow Lake gold property in northern Manitoba. The new program, estimated to …

Low zinc and lead prices led to lower earnings for Teck (TSE) in the 1993 second quarter ended June 30. Net earnings of $3 million for the period were down considerably from $12 million a year earlier…

If you were in Red Lake, Ont., last summer, you were probably at Norseman Days, or at least heard about them. About mid-July, the northwestern Ontario town dedicated Norseman Heritage Park, the culmin…

Roger Smiley and Lawrence Jones appointed directors.

Leonard Taylor appointed vice-president.

Ian Borland appointed director.

Bryan Frost, Roger Davey, Rodney Duncan, Irvin Ridd and Maynard Brown appointed directors.

A weak upward bounce by several diamond issues was not enough to overcome the general malaise on western markets. The Vancouver Stock Exchange resource index slipped more than 23 points to finish at 1…