News

Daniel Chainey appointed director, exploration. N5…

Lawrence Bintner appointed president.

Through various private agreements, CMP Resources (ME) plans to acquire three million shares of Plexus Resources (TSE) and become the single largest shareholder of Plexus with a 25.45% interest. CMP r…

A definitive joint cooperation agreement has been signed by American Barrick Resources (TSE) and Newmont Gold (NYSE) for development of the gold producers’ common areas in the northern sector of the C…

A joint venture has been formed by Arimetco International (TSE) and Breakwater Resources (TSE) with NovaGold Resources (TSE) to process copper ore from Nova- Gold’s Murray Brook property in northern N…

After months of attempting to cut costs, Westminer Canada, a unit of Australia-based Western Mining, has decided to close its two Chibougamau area mining operations. The closures, which occurred at th…

ALUMINUM: MW U.S. market US52.75-53.75 cents per lb. (Nov. 20, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jul. 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 199…

BGR Central Net Value $7.76 $5.18 Price $6.38 $4.70 Discount 17.89% 9.3% Value $44,588,000 $79,074,210…

Buffalo Resources Ltd. (BUF:VSE) has changed its name to Kruger Explorations Ltd. (KRU:VSE) with a consolidation of capital on a 1-new-for-4-old-share basis.

Week’s Price (US) Change Gold* $335.10 + $0.35 Silver* $ 3.76 $0.00 Platinum* $361.50 + $5.25 Nickel** $ 2.53 + $0.06 Lead** $ 0.21 $0.00 Copper $ 0.98 + $0.01 Zinc $ 0.48 $0.00 Courtesy of Scotiabank…

With leaching continuing at the Ivanhoe joint venture in Nevada, Cornucopia Resources (TSE) reported net earnings for the quarter ended Sept. 30 of US$76,000 on sales of US$643,000. Now a joint ventur…

Ore reserves at Noble Peak Resources’ (ASE) Crypto zinc property near Salt Lake City, Utah, are nearing the 10-million-ton threshold needed for commercial production, shareholders were recently told a…