News

Having completed plant construction at its wholly owned Colomac gold project, 137 mile north of Yellowknife, N.W.T., NorthWest Gold (AMEX) (formerly ABM Gold) is tuning up the project’s milling facili…

It appears that Southern Arizona Mining and Smelting’s bid for a 50% interest in the Chester Twp. gold property near Gogoma, Ont. is in jeopardy. James Hunter, a shareholder of property owner Gold Bar…

A new drilling campaign has started on the Douay gold property owned by joint venture partners Inco (TSE), Societe d’Exploration Miniere Vior (ME) and Cambior (TSE). The property is in the Casa Berard…

The high-profile Eskay Creek gold region of northwestern British Columbia continues to attract more junior companies. One of the latest newcomers is Tyrae Resources, which following a recent change of…

Toronto-based Black Hawk Mining (TSE) says it has acquired all the outstanding shares of First China Capital whose main asset is the Union nickel-copper deposit in the state of Maine. Based on 170 dri…

Laker Resources Ltd. (LAK: VSE) has changed its name to Videogram International Corp. with no consolidation of capital. Pacific Corporate Services is the transfer agent.

Asarco (NYSE) will increase its domestic selling price of electrolytic copper cathodes by 5 cents to $1.30 per lb. Asarco is one of the world’s leading integrated producers of nonferrous metal includi…

Victor Hollister appointed to the board of directors.

Ken Ralls appointed to the board of directors.

Garth McRae elected to the board.

The 21st provincial mine rescue competition was recently held in Glace Bay, N.S. Led by Jay Dooley, the Lingan mine team defeated seven competitors to win the championship. The contestants were judged…

Ark Energy Ltd. (ARK:VSE) has changed its name to Arcanna Industries Corp. (AI:VSE) on a 1-new-for-5-old-share basis. Transfer agent is National Trust.