News

With three projects slated for drilling this coming fall and winter, Pine Channel Gold (VSE) expects to rank among the more active junior companies in northeastern Saskatchewan. The company recently a…

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct. 20 Oct. 19 Oct. 16 Oct. 15 Oct. 14 Copper 1387-1388 1365-1367 1351-1352 1322-13…

Two holes have been completed on Canmine Resources’ (CDN) Fer property near Flin Flon, Man. The vertical holes, spaced 50 metres apart, intersected a massive sulphide zone at a depth of about 25 metre…

President Brian Hinchcliffe of Jordex Resources (TSE) was an active buyer of his company’s stock in August, purchasing 35,000 shares at 80-85 cents to hold one million directly and 1.23 million indire…

Following the completion of the purchase of a control position in Minnova (TSE) by Metall Mining (TSE), Klaus Zeitler, president of Metall, was appointed chairman of Minnova. Metall purchased a 50.4% …

The Tambao manganese mining project of InterStar Mining Group (CDN) in Burkina Faso (French West Africa) is nearing the commercial production stage, the company reports. InterStar says it plans to emp…

Well-known geologist Dennis Sheehan died Oct. 15 from a heart attack, while playing in a hockey game. He was 56. President of Tri Origin Exploration, Sheehan was born and raised in Blind River, Ont., …

ALUMINUM: MW U.S. market US54.50-55.50 cents per lb. (Oct. 8, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992…

Chicago-based FMC Gold (NYSE) recently incorporated Minera FMC as a Mexican subsidiary to facilitate exploration efforts in Mexico. The company reports that it is encouraged by initial exploration eff…

A $60-million public offering of 7.5 million Sherritt Gordon (TSE) units closed recently. The units, consisting of one common share plus one-half a warrant, were sold on a bought deal basis for $8 eac…

Colin Redden, Lawrence Schaffer, Laurence Stephenson and Robert Wondga appointed directors; Irving Bronfman appointed director/president.

Richard Oldake appointed president.