News

Incentive term loans from two Ontario government agencies totalling $1 million have been made available to Jarvis Resources (VSE) to establish a marble cutting and polishing facility near Sudbury, Ont…

Gold and diamond stocks managed to hold their own amid the volatility that gripped North American financial markets during the week ended Oct. 6. Spurred on by major buyers looking for a safe investme…

Week’s Price (US) Change Gold* $349.50 + $0.50 Silver* $ 3.75 – $0.02 Platinum* $359.00 – $8.50 Nickel** $ 3.01 – $0.02 Lead** $ 0.25 – $0.02 Copper $ 1.03 – $0.03 Zinc $ 0.54 – $0.04 Courtesy of Scot…

BGR Central Net Value $8.45 $5.18 Price $7.00 $5.00 Discount 17.17% 3.5% Value $49,547,000 $84,121,500…

Apparently little affected by constitutional matters, the dollar or interest rates, the Vancouver Stock Exchange drifted lower during the week ended Oct. 6, with the composite index losing 6.99 points…

Agreements with a private company and the venture capital arm of a chartered bank to acquire the 50% interest in Mc-Kendry Quarries Ltd. it does not already own have been reached, Midas Minerals (TSE)…

A special meeting of common and preferred shareholders of Faraday Resources (TSE) is to be held on Oct. 30 to consider extending the conversion privilege attached to Faraday’s series A first preferenc…

Keith Mattson appointed director.

Jim Cole appointed director; A. Sinclair appointed president. N5…

Robert Trast appointed president. N5…

Abraham Aronowicz appointed vice-president. SIMPLON RESOURCES Jack Day appointed president; Charles Day appointed director. N5…

Jeffrey Clavenger named senior vice-president; Jacob Timmers appointed senior vice-president, technical resources and development. N5…