NEWS IN BRIEF Overseas Platinum Corp.
Overseas Platinum Corp. (OPC:VSE) has changed its name to Broadlands Resources Ltd. (BOD:VSE).
News
NEWS IN BRIEF Placer ups stake in VSM
Placer Dome (TSE) has purchased another 1.4 million common shares of VSM Exploration (TSE) at a price of $1.07 per share. The acquisition increases Placer Dome’s interest in the junior from 50.7% to 5…
Alberta Stock Exchange New plays liven market
Investors greeted summer exploration plans with enthusiasm during the week ended June 18, driving up the share prices of Cochise Resources, Peter Island Resources and Northern Abitibi Mining. Gaining …
Agreement made with Prime group
A recent agreement-in-principle was announced by Silver Talon Mines (VSE) relating to several properties in northwestern British Columbia that will be optioned to three Prime group companies. Under it…
PEOPLE MONTORO RESOURCES
Wei Lew appointed president and director; Robert Downes appointed director.
Program planned for Bonanza Dome
An exploration program is being planned by Freegold Recovery (VSE) for its Bonanza Dome gold project, 115 road miles northeast of Fairbanks, Alaska. The company said this year’s program will include …
Pezim group dominant in northwestern B.C. activity
The onset of summer means the start of exploration programs in northwestern British Columbia, and once again Murray Pezim’s stable of juniors appear to be the dominant group active in the region. A dr…
EDITORIAL PAGE Time for a continental nuclear energy policy
The war in the Persian Gulf should have reminded the U.S. just how dependent it is on foreign sources for its energy needs. That, in turn, should make it equally clear how desirable it is to the U.S. …
Corona subject of speculation as takeover rumors continue
The proposed merger between gold mining giants American Barrick and Newmont Mining has some industry analysts predicting further rationalization of the North American gold mining industry. Peter Mille…
BGR vows to fight attempts
Management of Toronto-based BGR Precious Metals (TSE) will vigorously challenge any attempt by Ontario tax authorities to reassess the gold investment firm’s status as a trading entity, shareholders w…
NEWS IN BRIEF St Andrew puts Stock mine on hold
Citing the need to cut costs, St Andrew Goldfields (TSE) will suspend underground mining operations at the Stock Township mine just west of Matheson, Ont., for two months. In the meantime, a total of …
Miller’s Musings MAC hears why constitutional accord unlikely
At their annual meeting, held this year in Montreal on June 6, members of the Mining Association of Canada had a rare opportunity to hear an articulate analysis of the nation’s constitutional situatio…