Toronto-listed Rayrock Yellowknife Resources has, by way of a private placement, made a $1-million investment in Brazilian Resources (CDN).Rayrock will receive shares, warrants and, subject to shareho…
The belief that copper prices will continue their downward slide leads New York-based investment firm J.P. Morgan to predict sharply lower earnings for Asarco (NYSE).Morgan revised its forecast for co…
March 11, Int’l TME — annual, generalMarch 11, McNickel — annual, generalMarch 11, Pan Pacific Gold — annual, generalMarch 12, Ellios — annual, generalMarch 12, Espalau — annual, generalMarch 12,…
An agreement with Philippine-based Allah Copper Porphyry gives Chase Resource (TSE) the right to earn a 75% interest in the Allah property on south-central Mindanao Island.The Allah property adjoins C…
The first year of production at the Louvicourt mine in Quebec has generated net earnings of $4.8 million, or 11 cents per share, for Novicourt (TSE) for the last quarter of 1995.For the year, the comp…
Drilling will resume on the diamond property in New Liskeard, Ont., belonging to Vancouver-listed partners Consolidated Pine Channel Gold and JNR Resources.Much of the property, which contains the OPA…
CDN-listed Oroperu Resources has released early results of its reverse-circulation drill program on the Toro gold project in north-central Peru.The drilling has been applied to areas peripheral to the…
Private placement financings have enabled Northfield Minerals (TSE) to fund work programs at four of its properties.Northfield has raised $2.5 million through the issuance of 3.6 million common shares…
Exploration work will attempt to increase reserves in three target areas on the Siwash property near Merritt, B.C.Owner Fairfield Minerals (TSE) will spend $1.2 million on the property this year and p…
Five senior officers of Barrick Gold (TSE) exercised options and traded shares of the corporation in December 1995 and January 1996.According to the Ontario Securities Commission’s OSC Bulletin, Louis…
With almost all operations turning in stellar performances, Phelps Dodge (NYSE) coasted through the end of the fourth quarter to post yet another record in net income.In 1995, the company raked in US$…
Diversified miner Noranda Mines (TSE) revealed plans this week to buy up those shares of Brenda Mines (TSE) and Kerr Addison Mines (TSE) that it does not already own.Noranda, which owns 52.1% of Kerr …
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