News

An option to acquire a 59.9% interest in the Philippine company Taysan Copper has been amended to the benefit of Chase Resource (TSE). The amendment extends to May, 1997, the deadline for the final pu…

Several juniors are continuing to add to their land positions near Fort MacKay in northeastern Alberta. Interest in the region began growing last spring after Focal Resources (ASE) announced that it h…

Growth in reserves and output is the name of the game in the gold mining business. Pegasus Gold (TSE) plans to achieve this growth by combining grassroots exploration with participation in advanced de…

A review of drilling data has resulted in higher reserves for the Bronson Slope gold-copper porphyry deposit on the Iskut River property in northwestern British Columbia. Based on a computerized polyg…

After rising for several months, The Bank of Nova Scotia’s commodity price index declined by 1.1% in March. A substantial drop in agricultural prices and a smaller decline in forestry products and oil…

Proceeds from a rights offering amount to about $1.1 million for Armistice Resources (ME), after commissions and expenses. More than 7.2 million shares were bought at 18 cents per share in the over-su…

I read with interest your article on Cameco getting the green light for production of its Eagle Point and Collins A and D zones (“Rabbit Lake gets federal OK,” T.N.M., April 4/94). Sometimes our indus…

The 18th International Precious Metals Conference will take place June 12-15 in Vancouver, B.C. The theme of the conference, hosted by the International Precious Metals Institute (IPMI), will be “prec…

Francis Petro appointed president.

Frederick Wynne elected director.

Roberto Munoz appointed director of exploration for South America.

Dale Hendrick appointed chairman.