While a US$3.45-per-oz. increase in the price of gold is nothing to get excited about, according to precious metals analysts, it was enough to get gold stocks moving during the week ended July 2. Seve…
Following the sale of its interest in the Hanson Lake copper-zinc deposit near Flin Flon, Man., Trimin Resources (TSE) is moving out of mining and into plastics. Armed with about $9.5 million in cash…
Exploration Essor Inc. (ESO:ME) has changed its name to Ressources Orco Inc. (ORC:ME) with a consolidation of capital on a 1-new-for-10-old-share basis.
Exploration funding for the Norite property owned by Consolidated Pine Channel Gold (VSE) has been arranged through a unit of Noranda (TSE). Pine Channel signed a letter of intent giving Noranda the r…
Corona Corp. (ICR.B:TSE) has changed its name to International Corona Corp. (ICR.B:TSE) with a consolidation of capital on a 1-new-for-2-old-share basis.
Cameco’s public offering at $12.50 per share has met with widespread enthusiasm, said Jim Davey, a spokesman for RBC Dominion Securities, the lead underwriter. “It is well oversubscribed, both intern…
Malcolm MacGregor and Richard Conkin appointed directors.
Faced with a 48% short-term drop in the value of its shares, Glimmer Resources (VSE) is scrambling to come up with ways to increase shareholder liquidity. Trading on an anemic Vancouver market, Glimm…
Interest in Mexico’s mineral deposits has surged recently after the country announced its decision to allow 100% foreign ownership of local companies for up to 12 years. The prospect of free trade amo…
Hilton Resources Corp. (HIR:VSE) has changed its name to North Slope Minerals Inc. (NHS:VSE) with a consolidation of capital on a 1-new-for-3.5-old-share basis. The transfer agent is Montreal Trust Co…
Trading volumes struggled but the market turned positive during the holiday-shortened week ended July 2. The mining and minerals index jumped by 33.7 points and the market portfolio moved ahead by 5.8…
BGR Central Net Value $9.00 $5.24 Price $7.75 $4.750 Discount 13.89% 9.4% Value $53,599,558 $79,915,425…
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