News

Shareholders of Osborne and Chappel Goldfields (TSE) have approved the issuance of a US$1-million debenture to Zebrex Holdings, the largest shareholder of Osborne and Chappel (OCG). Zebrex increased i…

London Metal Exchange (LME) prices and stocks continue to preoccupy investors, investment funds, speculators, scrap merchants, producers and consumers, all legitimate buyers and sellers of metal contr…

Recent drilling on Wye Resources’ (CDN) Saganaga Lake gold property, about 70 miles west of Thunder Bay, Ont., has intersected gold values of up to 0.53 oz. over narrow widths. Results of three shallo…

Week’s Price (US) Change Gold* $343.40 – $0.60 Silver* $ 4.03 – $0.01 Platinum* $378.50 + $11.90 Nickel** $ 3.40 + $0.17 Lead** $ 0.28 + $0.03 Copper $ 1.11 + $0.05 Zinc $ 0.61 + $0.02 Courtesy of Sco…

Recession has hit South Africa’s mining industry hard, forcing down the price of gold, the closure of mines and the laying off of about 100,000 miners since retrenchment began in September, 1990. “The…

Having completed a limited amount of drilling on the Poplar property near Houston, B.C., New Canamin Resources (VSE) has decided to drop its option and concentrate on its Huckleberry property 25 miles…

The Lac de Gras staking rush has quickened a largely unpopulated and undeveloped area to life after Dia Met Minerals and BHP-Utah Mines announced that the 160-ton sample from their find contains gem-q…

Montreal-based SNC-Lavalin Inc. and Simon-Carves Ltd. of the United Kingdom have joined forces to supply turnkey sulphuric acid plants mainly in Central and South America and in Canada using the Monsa…

Ronald Card elected president/director; Robert Card, Minaz Devji, James Kermeen, and S. Stanwood appointed directors.

Frank Roberts and Brian Roberts appointed directors.

B. Woodcock appointed director.

Gerald Phillips appointed director.