Three affiliated companies — Muscocho Explorations (TSE), Flanagan McAdam Resources (CDN) and McNellen Resources (TSE) — have reached an agreement with their principal creditor to restructure their …
London Metal ExchangeSpot closing prices in $US per tonneDateJan. 16 Jan. 15 Jan. 12 Jan. 11Jan. 10Copper2534-25392583-2585 2740-2745 2620-26252638-2643Lead701-702 690-691 690-692 699-699…
— 1996 –Jan 16Jan 15Jan 12Jan 11Jan 10HighLowComposite”300″4765.994739.704753.014771.214781.054871.873983.34Metals&Minerals4687.474732.574790.194797.904801.525276.123273.56Inte…
If all goes as planned, Northfield Minerals (TSE) will acquire its second gold property in Ecuador.The company has signed an agreement to gain a 65% interest in the Nambija Uno mining concession, whic…
Partners Romarco Minerals (CDN) and Uranerz USA are so encouraged by recent exploration of their Nike gold propety in Nevada that they are already planning follow-up work for 1996.The 315-claim proper…
Another Canadian company has found a ready market for its financing experience in the former Soviet Union. High River Gold (TSE) acquired 22.9% of Buryatzoloto, a Russian joint stock company with two …
In northern Nevada, Alta Gold (NASDAQ) has started its third phase of drilling on the Olinghouse gold project, where preliminary results have confirmed the presence of high-grade mineralization.The pr…
International Metals Reclamation Co. (INMETCO), a wholly owned subsidiary of Inco, has begun recovering cadmium metal from spent nickel-cadmium batteries in Ellwood City, Pa.The $5-million cadmium rec…
Officers and directors of Cumberland Resource (VSE) took advantage of the rise in value of the company’s stock and sold shares in November, 1995.According to the Ontario Securities Commission’s OSC Bu…
Horsham Corp., the largest single shareholder of Barrick Gold (TSE), will complete a 25-year, convertible debenture financing for gross proceeds of US$250 million.In addition, the company has granted …
Ownership of the Mexican mineral concessions Campo Morado and La Alina, already under option to Farallon Resources (VSE), is being sought by Summex Mines (VSE).In October 1995, Farallon signed a deal …
Once permits are in hand, Black Pearl Minerals (CDN) and Hebron Fjord Resources (ME) will drill their Voisey A property in Labrador.Hebron Fjord has a 60% undivided interest in Black Pearl’s propertie…
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