News

A second hole drilled near the Kabanga nickel-cobalt deposit in northwestern Tanzania has confirmed the potential for a significant new zone. BHP Minerals reports that Hole 43 intersected an estimated…

A consortium of Canadian potash producers has agreed to participate in the Yolanda Natural Nitrates project in Chile, owned by Kap Resources (VSE). The consortium, which includes Potash Corp. of Saska…

Strong demand for nickel has Inco (TSE) planning to increase output in 1995 by some 85 million lb. to 430 million lb. Problems in Russia, at the huge Norilsk operation and with declining domestic cons…

A new resource has been calculated for the Nicholas Lake project in the Northwest Territories.

Junior Richmont Mines (TSE) believes its shares are undervalued and has taken action to reverse the situation. The company has notified the Toronto and Montreal stock exchanges that it intends to make…

BGR Central Net Value $17.12 $6.67 Price $14.00 6.625 Discount 18.23% 0.7% Value $137,394,000 $119,907,863…

— From a recent issue of Yorkton’s “Natural Resources.

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne…

Keith Resources (KEH:VSE) has changed its name to Avalon Ventures on a 1-new-for-5-old-share basis.

Continuing operating losses at the San Bartolome mine in Ecuador have prompted owner Ag Armeno Mines & Minerals (VSE) to wind up the operation. The mine is held by a wholly owned subsidiary of the com…

Diamond drilling is under way on Western Troy Capital Resources’ (ASE) Wagg gold prospect near Nestor Falls, Ont. The program will total 3,000 ft., with six holes totaling 1,072 ft. having already bee…

Drill results from the Galena Giant property in northern Montana were not as good as hoped. Vancouver-listed partners Wealth Resources and Arbor Resources previously reported the presence of copper su…