U.S. copper miner Arimetco International (TSE) has completed a private placement of US$8.75 million worth of convertible notes to finance development of its Van Dyke porphyry copper project in Arizona…
Toronto-based Parlake Resources has changed its name to Concord Capital Corp. (TSE) to more accurately reflect its status as a holding and investment company rather than as a resource-based concern.
A second-phase exploration program has started on the ROK property, an equal joint venture between Consolidated Carina Resources (VSE) and Manchester Resources (ASE). The copper-gold property is in th…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Aug 101.40 100.40 101.03 + 0.30 Sept 101.50 100.20 101.35 + 0.55 Oct 100.75 100.00 100.75 + 0.45 SILVER (in US ce…
Despite increased gold production, Placer Dome (TSE) reported a substantial decline in this year’s first-half earnings from 1990 levels because of lower gold prices and a reduced contribution from bas…
As part of its strategy to tie up additional ground along the Sonora porphyry copper belt, Chutine Resources (VSE) has agreed to option a 400-hectare property near Moctezuma, Mexico. Under the agreeme…
The Odds `n’ Sods column “Revisiting Quebec’s north in the 1950s” (T.N.M., July 29/91) is an offensive and provocative article which The Northern Miner, with its long experience of the North country, …
Vanex Resources Ltd. (VX:VSE) has changed its name to Poplar Resources Ltd. (PPX:VSE) with a consoli-dation of capital on a 1-new-for-4-old share basis.
Agreement to boost its interest in the Falconbridge Dominicana (Falcondo) nickel operation from 1.7% to 2.2% has been reached, Redstone Resources (TSE) reported. Falcondo produces 68 million lb. nicke…
Denver-based Sindor Resources (TSE) has suspended development of the Lisbon Valley copper project in Utah after receiving the results of recent technical and financing studies. The company will also c…
Richard Brissenden appointed chief executive officer and director.
Low coal prices and the high level of the Canadian dollar continue to take their toll on Westar Mining (TSE). The company reported a net loss of $9.8 million for its 1991 second quarter and a loss of …
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