Ron Shipes, president of Arizona-based Arimetco International (TSE), recently revealed the latest stage in his plan to build Arimetco into a significant player in the North American copper industry. W…
Jefferey Johnson elected president replacing Neil Anderson; Kevin Johnson appointed a director and secretary; Dennis Fitzmaurice appointed a director.
Paul Penna, president of Agnico-Eagle Mines (TSE) and Goldex Mines (TSE), has been charged with two counts of illegal insider trading under the Ontario Securities Act. The charges relate to two incide…
After more than 16 years of state government ambivalence on resource development, the Alaska Miners Association is welcoming initiatives by a new “pro-development” administration looking to improve th…
Revised reserve estimates for the Ski project north of Stewart, B.C., represent an approximate 70% increase in preliminary reserves and contained gold-equivalent ounces over those announced in Septemb…
Lower than anticipated production, high costs at the Copper Range mine in northern Michigan and a drop in base metal prices all combined to slash Metall Mining’s (TSE) annual income by over 90%. The C…
Three Vancouver-based juniors, Durham Resources (VSE), Edge Resources (VSE) and Golden Day Mining Exploration plan to amalgamate, subject to shareholder and regulatory approval. If acceptable to regul…
With a final feasibility study on the Verde deposit now complete, Bema Gold (TSE) is concentrating on obtaining financing for the Chilean gold project. The estimated capital cost for the open pit, hea…
Profit takers sent share prices downward for much of the period ended April 23. Today, April 24, however, Toronto’s composite 300 index closed up 1.71 points at 3541.1 as 21.5 million shares worth $24…
Shareholders of Liberian Iron Ore (TSE) approved the reduction of the company’s stated capital by almost US$21.5 million and directed the distribution of US$5.43 per share to shareholders of record Ma…
American Barrick Resources President Robert Smith was named chairman of the Gold Institute for 1991 at the association’s recent annual meeting in Amelia Island Plantation in Florida. Smith succeeds Fr…
An exclusive option has been granted to Redfern Resources (TSE) to acquire the 60% interest of Cominco (TSE) in the Tulsequah Chief massive sulphide project in northwestern British Columbia. Redfern, …
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