News

After two years of waiting, Plexus Resources (TSE) has received approval from environmental regulators to develop its Bornite project near Salem, Ore. A Record of Decision and approval of the Final En…

It seems every developing country in the world is laying out the red carpet for Canadian mining companies. At home in Canada, the carpet has been rolled up and packed away. Part of the blame rests wit…

Semi-monthly reports as of Apr. 15, showed 66,505,462 shares of 661 issues compared with 61,066,784 shares of 662 issues on Mar. 31. Larger individual positions included: Aber 112,290, up 52,190; Adex…

The majority owner of the producing Omai gold mine in Guyana has increased its interest by 5%. Cambior (TSE) has exercised an option granted by Golden Star Resources (TSE) and will pay $2 million to G…

The Mines Accident Prevention Association of Ontario (MAPAO) has given Boart Canada its 1992 Award of Excellence in safety and loss control. The annual award recognizes the company that reduces medica…

Apr.27 Apr.26 Apr.23 Apr.22 Apr.21 High Low Composite”300″ 3691.22 3683.81 3685.42 3665.71 3663.65 4009.47 3009.91 Metals&Minerals 2856.26 2829.40 2814.06 2812.59 2857.25 3453.06 2502.63 Integrated Mi…

James Andrews appointed president and director; David Rinker, Lakhwinder Janda, J. Andrusko, Michael Sanguinetti and Carl Forbes appointed directors.

Red Fox Minerals — 1,000,000 units @ 50 cents per unit each (unit consists of 1 sh and 2 series A share purchase wts).

Robert Adsit appointed vice-president, U.S. marketing and public relations.

Recently improved gold prices should enable three major brokerage houses to complete a $42-million private placement for Venezuelan Goldfields (VSE). First Marathon Securities, Yorkton Securities and …

Gold stirred from a lengthy slumber during the week ended April 27, gaining more than US$10 to US$350 per oz. in New York and sending gold shares to new 52-week highs on the Toronto Stock Exchange. Th…

With the completion of a first phase of drilling on the Petaquilla property in Panama, Adrian Resources (VSE) believes the potential geological resource is over and above the one billion tons identifi…