News

An agreement with MK Gold (NASDAQ) and Min America gives Arlo Resources (VSE) a host of new properties, a large cash infusion and a change in control. Arlo plans to issue 8 million units at 80 cents e…

Walter Nash appointed director and president.

Operations continue to improve at the Con underground gold mine in Yellowknife, N.W.T. Miramar Mining (TSE) reports that cash costs for the first three months of 1994 averaged, US$294 per oz., compare…

New York-listed Freeport-McMoRan Copper & Gold (NYSE) is expanding the overall copper-gold resource on its holdings in Irian Jaya province, Indonesia. The province constitutes the western part of the …

Fortunately for the northern mining industry, the calm settling over “hot spots” such as Angola, Iraq and Somali has created easier access to Canada’s only civilian Hercules transport. Increased globa…

Gold Funds as of May 30 BGR Central Net Value $17.60 $6.96 Price $15.88 $7.50 Premium 7.8% Discount 9.81% Value $143,011,000 $135,744,750…

While fundamentals are still weak in several metal markets, supply side problems are causing prices to become increasingly volatile. Unexplained slowdowns in Chinese government-controlled exports are …

A deal has been approved whereby American Bullion Minerals (VSE) will acquire an 80% interest in the Red Chris copper-gold property in northwestern British Columbia. The junior will pay Falconbridge a…

Lawrence Barr, Kim Phillips and Guy Close elected directors.

Paul Kostuik appointed chairman and chief executive officer; Mauro Coppola appointed director and chief operating officer; Paul Kavanagh appointed director.

Danny Shepherd appointed vice-president of U.S. development.

J. Bell, James Curtiss, John McCaig and Robert Peterson appointed directors.