NEWS IN BRIEF Cutty Resources Inc.
Cutty Resources Inc. (CUY:VSE) has changed its name to Hatco Capital Inc. with no consolidation of capital. The transfer agent is Central Guaranty Trust.
News
Denison Mines has profit
Toronto-based Denison Mines (TSE) has reported a profit of $2.9 million on revenues of $67.8 million for the three months ended March 31, compared to a loss from continuing operations of $1.8 million …
Greenstone reveals Panama assays
Toronto-based Greenstone Resources (TSE) and partner Boliden International Mining of Sweden continue to obtain encouraging results while drilling their Santa Rosa gold property in Panama. Greenstone s…
PEOPLE WATERFORD RESOURCES
James Wetherill appointed director succeeding George Heard.
Euro, Franco double acreage with new Carlin royalty deal
In a bid to increase their exposure to any new gold discoveries on Nevada’s rich Carlin gold trend, royalty specialists Franco-Nevada Mining (TSE) and Euro-Nevada Mining (TSE) have carved out a new de…
PEOPLE RIO GOLD MINES
Michael McInnis and Pauline McInnes appointed directors succeeding Robert Hunter, Jean Monroe and Douglas McRae who resigned.
Montreal Exchange Val d’Or active
The market turned downwards during the week ended April 23, with the market portfolio off by almost 18 points and the mining and minerals index in decline by 13.4 points. Daily trading volumes ranged …
Good fortune has smiled on Campbell
With the good fortune that seems to attend most things the Campbell gold mine of Placer Dome in northwestern Ontario does, the shaft collared in October, 1946, turned out to be within a few feet of th…
Nor-Acme mine to close
Toronto-based TVX Gold (TSE) has recently advised High River Gold Mines (TSE) that it intends to shut down the Nor-Acme gold project at Snow Lake, Man., effective June 1. TVX has the option to earn a …
Montreal Exchange Armeno shows gain
Topping the list of active resource stocks during the week ended April 16 was Vancouver-based Armeno Resources, which gained 4 cents to 44 cents on trading of more than 600,000 shares. Among the compa…
Sphinx to restart heap-leach project
Heap leaching at the 400,000-ton-per-year Duvay gold project near Amos, Que., is set to resume in mid-April, Societe Miniere Sphinx (VSE) reported. The company began production from the site last year…
Claimstaker stakes in Toodoggone
A group of claims totalling 56 units have been staked in the Toodoggone region of north-central British Columbia by Claimstaker Resources (VSE). The claims are immediately adjacent and to the south of…