News In Brief Deltec Resources
Deltec Resources Ltd. (DEC:VSE) has changed its name to Pacific Titan Resource Corp. (PFR:VSE) with a consolidation of capital on a 1-new-for-2-old-share basis. The transfer agent is Pacific Corp. Tru…
Deltec Resources Ltd. (DEC:VSE) has changed its name to Pacific Titan Resource Corp. (PFR:VSE) with a consolidation of capital on a 1-new-for-2-old-share basis. The transfer agent is Pacific Corp. Tru…
A wholly owned subsidiary of Falconbridge Gold (TSE) recently paid American Gold Resources US$625,000 for an option to purchase a 50% interest in the Royal Mountain King mine in Calaveras Cty., Calif….
Despite record gold production from its four major mines, Echo Bay Mines (TSE) lost almost US$60 million in 1990 as writeoffs on gold mining investments took their toll on operating earnings. Compared…
In order to reduce cash outlays for exploration, Cominco Resources International (TSE) has formed or is negotiating joint ventures for many of its exploration projects. In most cases the company will …
The boards of Hecla Mining (NYSE) and CoCa Mines (NASDAQ) unanimously approved a definitive merger agreement that will result in CoCa becoming a wholly owned subsidiary of Hecla. The companies hope to…
Options Open Series Volume Last Interest May 370 C 26 11.00 10 May 380 C 290 6.00 48 May 400 C 123 3.10 95 May 410 C 58 2.30 67 May 440 C 50 1.00 73 May 450 C 18 0.80 50 Aug. 380 C 25 14.00 76 Aug. 44…
An offer by Trimin Resources (VSE) to purchase up to 2.2 million of its common shares at a cash price of $2 per share expired with only 556,657 shares tendered. After taking up these common shares, Tr…
Toronto-based Madeleine Mines (TSE) and company President J. Patrick Sheridan were recently charged with six counts of violating Ontario’s environment laws. The charges were laid February 14 following…
During the report period ended Feb. 19, Goldconda Resources traded 530,100 shares to close up 24 cents at 45 cents. Earlier this month, the company acquired an option to earn a 100% interest in an Ore…
ALUMINUM: MW U.S. Market US66.50-68.50 cents per lb. (Jan. 31, 1991). ANTIMONY: New York dealer US80-83 cents per lb. (Jan. 31, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Jan. 31, 1991). CA…
Drilling on the Iron Colt vein at the North Belt property near Rossland, B.C., is continuing to return high-grade intersections. The latest hole, NB-1-91, graded 5.0 oz. gold per ton over 8.9 ft. Vang…
Why is it so difficult for industry to communicate with other groups in society, such as environmentalists, workers, unions and journalists about issues of environment and health? Why do apparently ra…
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