News

Week’s Price (US) Change Gold* $383.00 + $1.60 Silver* $4.73 + $0.15 Platinum* $420.90 + $8.65 Nickel** $3.41 + $0.05 Lead** $0.27 $0.00 Copper $1.33 – $0.01 Zinc $0.45 – $0.02 Courtesy of Scotiabank….

With development plans proceeding at two projects and growth in earnings expected for 1995, Falconbridge (TSE) should have an excellent year, says First Marathon Securities. Mining analyst John Lydall…

Drill results from its gold property in Virginiatown, Ont., are lending encouragement to Armistice Resources (ME). Definition drilling on the 185N zone, at a depth of 1,990 ft. below surface, indicate…

Litigation concerning the Pipeline project in Nevada’s Lander Cty. has been resolved, Placer Dome (TSE) reports. The legal dispute began in 1992 when Gold Fields Mining challenged the conduct of Place…

Drilling at the Voisey Bay nickel-copper-cobalt project in Labrador continues to intersect mineralization, indicating the zone has excellent continuity in both grade and thickness. To date, Diamond Fi…

A pioneer in the Canadian uranium industry through his involvement in the development of the town of Elliot Lake, Ont., and the startup of Consolidated Denison Mines in 1955, Mario de Bastiani, P. Eng…

Steve Ristorcelli appointed director.

John Paterson appointed director.

H. Jarvis and Paul Guilbault re-elected directors.

D. Hillhouse appointed chairman and Leigh Freeman appointed president.

Kirkton Resources has changed its name to Constellation Capital Enterprises on a 1-new-for-10-old-share basis.

BGR Central Net Value $16.22 $6.59 Price $14.00 $7.0 Discount 13.68% Premium 6.2% Value $126,905,000 $126,695,100…