News

Naren Majithia, Basil Pantages and Ralph Brown appointed directors.

Gloria Steffensen elected director.

Peter Jorgenson appointed director/president.

While Canadian investors were busy feasting on turkey and Blue Jays baseball, the gold price commenced a downhill slide in New York, giving up $5.20 to US$345.20 per oz. on Thanksgiving Day. By the cl…

Ronald Steele appointed director/president.

ALUMINUM: MW U.S. market US56.50-58.00 cents per lb. (Oct. 1, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992…

Through a 50% owned subsidiary, Red Rock Mining (NASDAQ) is continuing to develop the Amelia gold project located near Magdalena in Sonora State, Mexico. The property adjoins the Gertrudis gold projec…

Recent drilling on ground held by partners Aber Resources (TSE), Commonwealth Gold (VSE) and SouthernEra Resources (TSE) has blown holes in the theory that the BHP-Dia Met claim block holds the only p…

At a special meeting held recently in Toronto, shareholders of Kerr Addison Mines(TSE) approved the sale of the company’s 50.4% equity interest in Minnova (TSE) to Metall Mining (TSE) for a price not …

The Bank of Nova Scotia (known also as Scotiabank) agreed this past summer to invest US$75 million to acquire a 5% interest in Mexico’s fourth largest financial group, Financiero Inverlat, S.A. The Ca…

Mining is being given a red-carpet welcome in Manitoba. To drive home the point, officials from the province came to Vancouver to talk about a new package of incentives designed to attract investment …

Toronto-based Hillsborough Resources (TSE) recently signed a joint venture agreement with Industrias Luismin S.A. de C.V. of Mexico City to provide mine engineering and contracting services in Mexico….