News

Alberta Stock Exchange: Volumes Hurt by Golds

Wednesday close, Nov 19 Sliding gold prices took some of the steam out of the Alberta Stock Exchange this week, as volumes dried up in generally sideways trading. Oracle Resources was forced to put ou…


Price problems slash earnings for Westmin Res.

Even though the company’s mineral and hydrocarbon production was up sharply, price problems for both combined to reduce Westmin Resources’ 9-month earnings to $5,383,000 from earnings of $24,519,00…


Conwest issues shares

Conwest Exploration Co. has agreed to purchase 1,964,814 shares (a 1 2.6% interest) of Mineral Resources International for $7,015,000. Conwest will satisfy the purchase price through the issue of 719,…


Details hammered out on new Golden Giant company

Absolutely delighted” is the consensus of the four major sharehol ders who have just spent the last week hammering out the details of the new public company being created to own the Golden Giant mine …



Editorial: So much for sanctions

So we impose sanctions against South Africa, (including a somewhat nonsensical ban on the import of uranium) and not long after discover we are at the moment importing a great deal more from that coun…


Montreal Exchange: Casa Berardi issues up

Wednesday close, Nov 19 Some dandy drill results from the Casa Berardi joint venture of Gold en Knight Resources and Inco — long anticipated by the market — were announced this week and it seemed t…


Cinola looks to develop big B.C. gold producer

Some gold deposits are like old soldiers — they don’t actually die but just fade away] This was certainly the case with the Consolidated Cinola deposit in the Queen Charlotte Islands which until rece…




OGS open house set for Dec. 3-4

The Ontario Geological Survey will hold its ninth annual geoscience research seminar and open house Dec 3-4, in the MacDonald Block at Queen’s Park, Toronto. The event will feature papers on geoscienc…


Tanqueray funded for exploration

Following the completion of a $750,000 flow-through share financing, Tanqueray Resources is well funded to perform exploration on a large portfolio of mineral properties. Beginning this month, the com…


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