News

Kevin Nephin appointed president and director; Kenneth Shannon and John Millette appointed directors.

Gordon Steene appointed president.

An initial public offering by Cameco (TSE) has closed successfully, raising gross proceeds of $130 million for the uranium producer. About 60% of the 10.4-million share issue was bought by institution…

Minorca Resources (VSE) has picked up the downdip extension of the A zone at the Nicobi Lake copper-nickel property in northern Quebec. Drilling 82 ft. north of hole 2, Minorca intersected strong mine…

Southern Alberta Mining Company Ltd. — 2,000,000 shs offered @ 10 cents per sh. Tecnecon Gold Industries Inc. — 1,600,000 shs offered @ 10 cents per sh. Bradsue Resources Ltd. — 600,000 units consi…

News about Van Ollie Explorations’ plan to further explore its McMurray Twp. gold property near Wawa, Ont., has spurred active trading in recent weeks. In a low-high range of 15-23 cents, 965,450 shar…

St. Lawrence Fluorspar will probably never pay the $30,000 fine it was given for polluting a nearby pond, but an Environment Canada official says it was worth pressing ahead with the case anyway. The …

The undertaking of a government-industry study on human resources in the mining industry was announced recently by the minister of employment and immigration, Bernard Valcourt. The 10-month review wil…

July 16 July 15 July 12 July 11 July 10 HIGH LOW Composite”300″ 3535.45 3526.90 3516.34 35070.89 3504.17 4009.47 3009.91 Metals & Minerals3268.08 3219.27 3210.40 3189.36 3194.80 3453.06 2502.63 Integr…

Alan Savage appointed director.

John Reynolds appointed chairman and chief executive officer.

The New York closing gold price was $368.60 per oz. Last quotations for gold options traded in Montreal and Vancouver as provided at the close of trading each Tuesday by the Montreal Exchange. Only th…