News

Ram Petroleums (TSE) has completed 2,000 ft. of drilling at its wholly owned wollastonite property in Olden Twp. in eastern Ontario. President R.J. Opekar said results from eight holes indicate a zone…

TOM HOEFER appointed general manager.

Keith Hulley appointed president and chief executive officer, assuming these positions in mid-May.

MVP BGR Central Capital Net value $10.25 $5.51 $0.34 Price $9.375 $5.500 $0.22 Discount %8.54% %0.2% 35.3% Value $61,003,613 $92,533,650 N/A…

Thomas Crean appointed president.

Frank Giustra appointed president; Anthony Williams appointed head of European operations.

Babu Gajaria elected president succeeding A.L. Hellans who resigned; K. Sethuraman, vice-president succeeding M. Graham who resigned. Bernie Kahlert appointed a director.

A second agreement covering the overseas sales and distribution of graphite has been signed by Societe d’Exploration Miniere Mazarin (ME). Nichimen Canada, a wholly owned subsidiary of Nichimen Corp. …

Volume was moderate and the market turned downward for the week ended June 19. The mining and minerals index dropped 31.5 points, while the market portfolio was off more than 51 points. Daily trading …

Inco Ltd., a pacesetter in its efforts to clean up the environment, may help to rid Ontario of the hazard caused by discarded tires. Laboratory tests are being conducted to decide if tires, ground int…

X-Cal Resources (TSE) recently entered into an option agreement allowing it to earn a 50% interest in the Wild Rose property in Nevada from Equinox Resources (TSE). To earn its interest in the gold pr…

The Vancouver Stock Exchange’s resource index is ignoring gold’s lacklustre performance with a jump of almost 15 points during the week ended June 19, closing at 858.75. Gold bulls point to bottom fis…