News

International Potential Exploration Inc. (IEP:VSE) has changed its name to Banyan Industries International Inc.

Nations of the world are rapidly forming trade alliances to create larger trading blocks — except Canada where interprovincial trade barriers are still considered an effective means to protect region…

I read your article on “Catear forfeits Goldwedge for failure to pay $45 fee” (T.N.M., Mar. 25/91). Does this mean that Catear is now almost worthless? This is gross negligence. I thought that propert…

Paul Penna, president of Agnico-Eagle Mines (TSE) and Goldex Mines (TSE), has been charged with two counts of illegal insider trading under the Ontario Securities Act. The charges relate to two incide…

In order to meet regulatory requirements in two separate jurisdictions, Falconbridge Gold (TSE) has been forced to postpone exploration spending in Val d’Or, Que., delay a special shareholders’ meetin…

At Brunswick Mining & Smelting, the newly appointed president, John Carrington, 47, has a daunting task ahead. Labor dispute and health issues have dogged the company since last summer. Recently, empl…

Trading heavily for the past two weeks, Holcorp Gold Mines has agreed to pay US$3.75 million for TSC Enterprises, a subsidiary of copper producer Arimetco. TSC’s sole asset is the Emerald Isle Copper …

After more than 16 years of state government ambivalence on resource development, the Alaska Miners Association is welcoming initiatives by a new “pro-development” administration looking to improve th…

The Inuit of the Eastern Arctic moved a step closer to a land claim settlement at a Resolute Bay meeting earlier this year between them and the federal government. Calgary consultant Robert McPherson,…

Tandem Resources (ME) recently purchased an additional 250,000 shares of North American Rare Metals (ME) on the open market for, Tandem said, investment purposes. Tandem now owns about 4.3 million sha…

The three major shareholders of Cominco (TSE) recently increased their ownership of the major base metal producer. MIM (Canada) Inc., a subsidiary of MIM Holdings, reported buying, for itself and the …

Revised reserve estimates for the Ski project north of Stewart, B.C., represent an approximate 70% increase in preliminary reserves and contained gold-equivalent ounces over those announced in Septemb…