News

Potential buyers will have until the middle of June to make offers for certain Chilean gold properties held by Cominco Resources International (TSE) and a joint venture partner. The partners are join…

Bernard Brynelsen appointed director and chairman of the board succeeding Bevan Anderson who resigned.

Erskine Young appointed president and director.

Exploration resumed recently on three Val d’Or, Que., base metal properties optioned by Aur Resources (TSE) from Consolidated Abitibi Resources (ME) and Dumont Nickel (ME). Aur is spending $500,000 o…

Options Open Series Volume Last Interest Aug 360 P 100 11.00 215 The New York closing gold price was $356.70 per oz. Last quotations for gold …

Donald Busby has resigned as a director.

“I think what has happened is that gold has reverted to its long-standing original role: shock absorber. For centuries it absorbed every attempt by kings and governments to debase coinage. Commodity p…

Along with efforts to explore for and acquire base metal properties, management of Placer Dome (TSE) intends to further improve the company’s operating performance this year. “Our profit margins are …

Holders of Echo Bay Mines’ (TSE) Swiss Franc 3.875% bonds, due 1996, will be able to convert the bonds into common shares of the gold producer until Oct. 28. At the option of the bondholders, each of…

The seventh Maintenance/ Engineering Operators Conference sponsored by the maintenance/engineering division of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) and hosted by the CIM Th…

Junior producers have become something of an endangered species these days, but Rea Gold (TSE) is bucking the trend and aiming to develop its second operating mine in British Columbia. The company alr…

After having netted $1.28 million in a recent public financing, Loki Gold (VSE) is well financed to meet exploration commitments scheduled for this year on the Brewery Creek project near Dawson, Yukon…