News

Biron Bay makes rights offering

A rights offering is being made to shareholders of Biron Bay Resources (ASE) entitling them to buy one unit in the company at 80 cents for every 10 rights held. Each unit consists of one common share …


NEWS IN BRIEF (May 24, 1993)

Pine Bell Mines Ltd. (PNL:VSE) has changed its name to Bell Coast Capital Corp. with a consolidation of capital on a 1-new-for-4-old-share basis. The transfer agent is Montreal Trust.


Stable copper market projected

Copper consumption in the Western world will continue to grow around 2% per year during the decade. We (Phelps Dodge) see the strongest growth coming from the Far East as infrastructure needs continue…


Deadlines approaching on Lac de Gras diamond claims

The pace of staking in the Northwest Territories has accelerated in recent months. But even as new companies jump into the diamond play, claims acquired during the early days of the rush may be droppe…



GOLD FUNDS (May 24, 1993)

BGR Central Net Value $12.07 $5.83 Price $11.25 $6.5 Discount 6.78% 11.5% Value $67,599,000 $109,357,950…





PEOPLE — CONSOLIDATED PLATINUM

William Sleeman appointed chairman, chief executive officer and director; David Nelson appointed president and director; John Withers appointed executive vice-president and director; David Patterson a…


PEOPLE — CONSOLIDATED KELDOR RESOURCES

Bruce Thorndycraft appointed president; L. Janda appointed vice-president, Corporate Finance; Alan Burton appointed vice-president and vice-president, Mining Finance; Ash Petwardhan appointed vice-pre…


Canmine releases results from Fer drill program

Final assay results from winter drilling on the Fer polymetallic property near Flin Flon, Man., have been released by owner Canmine Resources (CDN). During the program, 18 holes were drilled to an ave…


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