‘Tis the season to re-price employee stock options. This, at least, is what a flood of companies are doing as western markets continue to slide. The Vancouver Stock Exchange composite index dipped jus…
Strength in the gold sector helped propel the Toronto Stock Exchange higher over the 5-day report period ended Dec. 20. The composite 300 index jumped 109.72 points to close at 4,154.13. The gold and …
Shareholders of Echo Bay Mines (TSE) voted 75.6% in favor of a rights plan. The shareholders rights protection plan, also known as a “poison pill,” is designed to thwart a hostile takeover by increasi…
Production problems at the Colomac mine north of Yellowknife, N.W.T., have prompted owner Royal Oak Mines (TSE) to downgrade its overall 1994 production forecast for the four gold mines that it owns. …
Producer Glamis Gold (TSE) has agreed to merge with junior Golden Queen Mining (TSE) by issuing one share for every five shares of Golden Queen held. The merger, subject to shareholder and regulatory …
A subsidiary of Anglo American has acquired right of first refusal to joint-venture new projects identified by Pacific Comox Resources (VSE) within a 16,000-sq.-km area of southwestern Ghana. Anglo wi…
An option to explore two of Glen Auden Resources’ (CDN) properties in northwestern Quebec has been acquired by Inco (TSE). One property consists of 24 claims in Casa Berardi Twp., while the other comp…
Construction is under way on a recycling plant at uranium producer Cameco’s Blind River, Ont., refinery. The $10-million plant will take liquid byproduct from the refining process and convert it into …
Mining giant American Barrick Resources (TSE) can earn a 60% interest in the Michaud-Nufort property in northeastern Ontario’s Michaud Twp. The company may earn this interest by paying $400,000 cash a…
In an effort to expand its exploration activities, World Wide Minerals (TSE) has struck a preliminary agreement with privately owned Taishan Gold. World Wide intends to buy Taishan from Toronto-based …
Spokane-based Pegasus Gold (TSE) has decided not to declare a year-end dividend. The company says that although it is financially strong, its resources are better deployed in new projects, minesite ex…
ALUMINUM: MW U.S. market US89.5 cents-90.5 per lb. (Dec. 9, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Dec. 2, 1994). BISMUTH: MW New York dealer US$3.90-4.20 per lb. (Oct. 27, 1994). C…
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