News

Rio metals unit

All North American service centre and metals distribution activities managed by Rio Algom (TSE) will be consolidated into a new entity called North American Metals Distribution Group. The group will c…







GOLD FUNDS (July 11, 1994)

BGR Central Net Value $17.22 $6.84 Price $15.68 $7.50 Premium 9.6% Discount 8.96% Value $139,879,000 $135,744,750…


Redell plans drilling

A private placement of 160,000 units at 64 cents each will enable Redell Mining (VSE) to finance summer drilling on its La Forma gold mine property in the Yukon. The junior will test a potentially hea…


Lakefield offering

Toronto-based Lakefield Minerals (CDN) has completed its initial public offering of shares through investment dealer McDermid St. Lawrence Chisholm. The offering enabled Lakefield to raise net proceed…



Shaft deepening at Sleeping Giant

Reserves have increased significantly and the shaft is being deepened at the Sleeping Giant gold mine 80 km north of Amos, Que. Joint owners Cambior (TSE) and Aurizon Mines (TSE) report that 145,000 t…


Bolivian mining potential lures Canadian companies

Ross Beaty, former president of Equinox Resources, is back in action with a new junior company, Da Capo Resources (VSE), focused exclusively on Bolivia. “This is a country with strong mining tradition…


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