CMP buying Plexus shares
Through various private agreements, CMP Resources (ME) plans to acquire three million shares of Plexus Resources (TSE) and become the single largest shareholder of Plexus with a 25.45% interest. CMP r…
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Fischer-Watt option agreement amended
An option agreement entitling Fischer-Watt Gold (NASDAQ) to purchase the interest of Compania Minerales de Copan S.A. de C.V. in a gold-mining property in Honduras has been amended, Milner Consolidate…
INSIDER TRADING — Richmont shareholder sells on strength
The major shareholder of Richmont Mines (TSE) recently took advantage of the junior’s market strength to sell some equity. According to the Ontario Securities Commission’s OSC Bulletin, Caledonia Mini…
PEOPLE — OASIS/ORIENT RESOURCES
Daniel Chainey appointed director, exploration. N5…
PEOPLE — TAPPIT RESOURCES
Lawrence Bintner appointed president.
PEOPLE — UNITED PACIFIC GOLD
Reno Calabrigo appointed director. N5…
PEOPLE — MITEC
Normand Dufresne appointed executive director. N5…
PEOPLE — WESTVIEW RESOURCES
Roger Richer appointed president and director. N5…
PEOPLE — BEAUFIELD CONSOLIDATED RESOURCES
Leslie Redford appointed director. N5…
CIM luncheon, MNDM symposium
Guest speaker at the Dec. 7 luncheon hosted by the Canadian Institute of Mining, Metallurgy and Petroleum’s Toronto Branch will be Lars-Eric Johansson. Currently senior vice-president and chief financ…
Arimetco, Breakwater join with NovaGold in copper venture
A joint venture has been formed by Arimetco International (TSE) and Breakwater Resources (TSE) with NovaGold Resources (TSE) to process copper ore from Nova- Gold’s Murray Brook property in northern N…
Increased sales boost Cyprus quarterly earnings
Increased sales of produced copper at higher prices enabled Cyprus Minerals (NYSE) to report a 36% increase in net earnings for its 1992 third quarter from the comparable period a year earlier. The Co…