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From The Gold Monitor , published by M. Murenbeeld & Associates of Victoria, B.C. But even if the ruble was backed by gold, would we in the West hold it? I doubt it. Not only is history full of cent…

Black ink turned to red for Piedmont Mining (NASDAQ) in its third quarter ended Sept 30. The company reported a loss of $411,925(US) for the period, pushing 9-month results into a loss of $399,583 or …

Attempts by Clifford Frame to find a buyer for the Pamour group of companies owned by Giant Resources of Australia have come to nought. The Australian parent says talks with Toronto-based Frame Mining…

Investors found little Christmas cheer in their stockings this week as gold prices decided to test the $400 mark, dipping to $406 on London’s second fix on Dec. 27, today. The sell-off in bullion clip…

North America’s richest goldfield keeps getting richer. In August, Denver-based Newmont Gold pulled an intersection of 350 ft of 0.768 oz gold per ton from its Deep Star property along Nevada’s Carlin…

CAROLIN MINES — Michael Berne appointed chairman of the board, president and chief executive officer; R.D. Anthony and Robert Handfield, vice-presidents and Major General Norman Ross, corporate secre…

Charges dealing with securities offences related to brokerage house Osler Inc. which collapsed in 1987 with debts of about $60 million, have been laid by the Ontario Securities Commission (OSC) agains…

Gold guru turned mine financier Ian McAvity is hoping that the recent upswing in the price of gold will revive his reputation as the man with the Midas touch. As president of Toronto-based mining fina…

Stratabound Minerals was one of the big winners for the week ended Dec 19 when trading activity slipped into what could only be described as a pre-Christmas holding pattern. When reached for comment, …

Ontex Resources (TSE) didn’t have much good news to report to its shareholders at the company’s annual meeting in Toronto this month. The junior company is cash- strapped and entangled in a 4-year- lo…

A 7-hole infill drill program completed by Spirit Lake Explorations (ME) has returned a high-grading intersection from the company’s Edwards gold property northeast of Wawa, Ont. Hole 101 intersected …

Dr Robert Halet of Milton, Ont., a geologist instrumental in several significant discoveries, died recently. He was 79. Born in Brussels in 1910, he graduated with a B.Sc. in geological engineering fr…