News

John Reynolds and Donald Head appointed directors.

Bhupinder Herar appointed director.

Ina Cheong and Donald Renshaw appointed directors.

The first hole of an initial $500,000 drilling program on the Casino property in southern Yukon intersected 523 ft. (from 77 ft. to 600 ft.) at an average grade of 0.021 oz. gold, 0.59% copper and 0.0…

Mining financier Dennis McLeod has elected not to go ahead with a previously announced proposal to purchase from Falconbridge a 56.4% interest in Falconbridge Gold (TSE). In April, Portree Inc., a pri…

Norman Burmeister, president of Bull Run Gold Mines (NASDAQ), recently sold all his shareholdings in the company to the Robinson-Prather Partnership. The purchase price for Burmeister’s 1.284 million …

Three of Murray Pezim’s juniors recently dropped options to earn an interest in the Vaughan gold project in South Carolina. International Viking Resources (VSE) terminated its option to earn an intere…

BGR Central Net Value $8.26 $5.04 Price $7.13 $4.70 Discount 13.72% 6.70% Value $49,169,000 $79,074,210…

July 14 July 13 July 10 July 9 July 8 High Low Composite”300″3463.17 3449.23 3447.55 3439.75 3418.38 4009.47 3009.91 Metals&Minerals 3210.36 3203.69 3203.87 3201.46 3172.31 3453.06 2502.63 Integrated …

Two of the key players in the Lac de Gras diamond hunt were active in the stock market recently, with company share prices reacting to moves made by majors Kennecott and BHP-Utah Mines. According to t…

Gold’s slow climb to US$350 per oz. is providing a small measure of encouragement to juniors seeking to interest investors in exploration programs for the yellow metal. It wasn’t enough, however, to s…

In his letter to the editor (T.N.M., June 22/92), Egizio Bianchini agrees with what I suggest: “Hold while the market is rising and sell when the market is falling.” He says further that price forecas…