Rayrock proposes merger with Glamis
A proposed merger with Glamis Gold (GLG-T) has enabled Rayrock Resources (RAY-T) to fend off a potential liquidation.Rayrock was prepared to meet its destiny on Nov. 20, when shareholders were expecte…
Glamis Gold Ltd
Companies (November 09, 1998)
American CopperAnglogoldAntares Mining & ExplorationAnzex ResourcesAranlee ResourcesArgentina GoldArizona Star ResourceAscot ResourcesBalaclava MinesBarrick GoldBattle Mountain GoldBema GoldBlack Hawk…
Glamis posts profit
Despite a shortfall in production, Glamis Gold (GLG-T) earned US$205,000 in the third quarter, compared with a loss of US$909,000 in the corresponding period of 1997.Gold production between the two pe…
MINING MARKETS & INVESTMENT NEWS — Glamis acquires Mar-West
Reno, Nev.-based Glamis Gold (GLG-T) has acquired Mar-West Resources.Glamis issued 7.5 million shares and paid $6.7 million cash to complete the deal. For every two shares held, stockholders of Mar-We…
Companies (October 26, 1998)
Aber ResourcesAlta GoldAltius MineralsArgentina GoldAtna ResourcesBarrick GoldBHP MineralsBolidenBuchans RiverCaledonia MiningCamecoCanaco ResourcesChesbar ResourcesComincoCopperQuestDarnley Bay Resou…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Argentina Gold among few winners in slack Vancouver market
The Vancouver Stock Exchange composite index lost 7.92 points, or 2%, to close at 384.69 over the holiday-shortened report period ended Oct. 13. The mining index edged down a notch, losing half a poin…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Investors continue to shun VSE-listed juniors
Western markets had little to cheer about over the Sept. 16-22 report period as junior resource stocks continued to hold little interest for investors. The Vancouver Stock Exchange composite index sli…
CORRECTION (September 21, 1998)
In our Aug. 24 report on the merger of Glamis Gold (GLG-T) and Mar-West Resources (MSR-V), we incorrectly stated that the latter’s president, Simon Ridgway, and vice-president of exploration, Robert W…
Companies (September 21, 1998)
Aber ResAgnico-EagleAscot ResourcesAurizon MinesAuspex MineralsBarrick GoldBattle Mtn GoldBlack Hawk MgBroken HillBro-X MineralsCambiorComaplex MinComincoCumberland ResDayton MiningDenis…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Juniors take beating as western markets plunge
The Vancouver Stock Exchange composite index plunged through the 400 level during the report period Aug. 26-Sept. 1 to close at 388.86, down 41.55 points, or 9.7%. The mining index followed suite, she…
Glamis, Mar-West plan to tie knot — Merger would accelerate development of San Martin deposit
A proposed merger agreement would see Glamis Gold (GLG-T) acquire all the issued and outstanding shares of Mar-West Resources (MSR-V).Under the proposed arrangement, each Mar-West shareholder would be…
Companies (August 24, 1998)
Aber ResAmblin ResourcesAnglogoldAquiline ResArgosy MiningArizuma SilverArmada GoldAtlas MiningAur ResourcesAurcanaAuspex MineralsB.Y.G. Natrl ResBarrick GoldBattle Mtn GldBolidenCaledonia MgCambiorC…