QPX backs Rea Gold offer
The board of directors of QPX Minerals (TSE) is recommending shareholders accept a recent offer by Rea Gold (TSE) to purchase any and all outstanding QPX shares. Rea Gold offered one Rea Gold common s…
News
Placer explores Skyline’s porphyry
Decades before Skyline Gold (TSE) starting mining gold at Johnny Mountain, the Iskut River region of northwestern British Columbia was intermittently examined by various mining companies interested in…
Rules unclear mining lawyers say
As concern for the environment increases, mining companies are becoming increasingly uncertain as to what they are required to do before they can obtain mining permits, the Prospectors and Developers …
NEWS IN BRIEF Interantional Azora Minerals Inc.
International Azora Minerals Inc. (IAZ:VSE) has changed its name to Power Battery Holdingss Corp. with no consolidation of capital. The new company will have no further interest in mining.
NEWS IN BRIEF Consolidated Parklane Resources Inc.
Consolidated Parklane Resources Inc. (PK:VSE) has changed its transfer agent to Pacific Corporate Trust Co.
METAL PRICES FREE MARKET (April 08, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date April 2 April 1 March 29 March 28 March 27 Copper 1394-1295 N/A N/A 1405-1406 1390-1…
In New Brunswick Sewell Brook area booms
At least 1,500 claims have been staked in the Sewell Brook area of north-central New Brunswick since the discovery of a massive sulphide lens there last fall. As drilling on NovaGold Resources’ (TSE) …
NEWS IN BRIEF Kelso Resources Ltd.
Kelso Resources Ltd. (KLS:VSE) has changed transfer agents to Pacific Corporate trust Co.
Louvem reserves up Aur meeting told
Infill drilling at the Louvicourt Twp. massive sulphide project of Aur Resources (TSE) and Societe Miniere Louvem has resulted in a slight increase in undiluted preliminary reserves. But otherwise the…
Alberta Stock Exchange Golconda up 26 cents
The week ended April 2 saw the price of gold bullion remain sluggish at US$359 per oz. as the yellow metal continued to suffer from a lack of speculative demand. Despite the lacklustre gold price, Gol…
Montreal Exchange Indices show gains
Investors welcomed in a new month in an optimistic mood, with both the market portfolio and mining and minerals index posting gains for the holiday-shortened week ended April 2. The former moved up by…
Try It On For Size
I am told that in the Kirkland Lake gold mines of the 1940s, there was resistance to the newfangled jackleg or pusherleg drill that Atlas Copco had just invented. Resistance appeared on two fronts. Wo…