News

N.Y. Commodity Exchange High Low Close Week’s Change COPPER(HG) (in US cents per lb.) Jun 99.40 98.60 98.60 -1.80 Jul 99.80 98.20 99.05 -1.65 Aug…

A recent agreement-in-principle was announced by Silver Talon Mines (VSE) relating to several properties in northwestern British Columbia that will be optioned to three Prime group companies. Under it…

Management of Toronto-based BGR Precious Metals (TSE) will vigorously challenge any attempt by Ontario tax authorities to reassess the gold investment firm’s status as a trading entity, shareholders w…

After a 10-week strike, Curragh Resources has reached an agreement with employees at the Faro lead-zinc mine in the Yukon. The deal calls for a 17.6% wage increase over three years as well as other pa…

Exploration crews have moved on site at Cochise Resources (ASE) copper property in the Eastmain River area of northern Quebec. Cochise plans to spend $550,000 to map and sample a mineralized granodior…

The 400 union members employed by Curragh Resources’ (TSE) Faro lead-zinc mine in the Yukon have ratified an agreement to end a 10-week strike at the open pit operation. The 3-year deal includes a wa…

A net loss of $2.3 million was reported by Princeton Mining (TSE) for its 1991 first quarter ended March 31, compared to net earnings of $2.3 million for the corresponding period in 1990. The company…

Base metal giant Cominco (TSE) recently sold its 45% interest in Mitsubishi Cominco Smelting to Japanese firm, Mitsubishi Materials Corp. Mitsubishi Cominco was formed in 1965 with the objective of s…

First closing of a private placement raised $400,000 for Yorbeau Resources (TSE), the company reported. The deal was intended to raise a maximum of $500,000 through the sale of up to 500 units. Each u…

Martin Cotter, Deborah Ann Bonfield and Anthony Griffin re-elected directors.

David Shaw appointed president and director; Roger Richer and Barry Rayment appointed directors.

Eric Gilstead appointed director.