News

It’s difficult these days to find anyone making a bullish case for gold, at least for the immediate future. The price of the precious metal, in the $41 0(US) per oz range at the start of the year, has…

Tusk Minerals (ASE) has exercised its option to earn an additional interest in a gold-copper property near La Ronge, Sask. The property includes the former producing Anglo-Rouyn mine which closed in 1…

Barron Hunter Hargrave — J. Hargrave sold 65,000 (Mar, Apr) @ 5 cents -7 cents to hold 2,715,200. S. Hargrave sold 91,000 @ 7 cents -8 cents to hold 1,629,700. Cheni Gold — E. Phillips bought 10,0…

With mining interests in North America, Chile and Australia, Bond International Gold (TSE) is aiming to boost its gold production to over 500,000 oz in fiscal 1989. The large gold producer turned out …

With a new controlling shareholder in command and a number of projects under way in Chile, Great Britain and North America, Westfield Minerals (TSE) will have its hands full for the remainder of 1989….

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) May 112.00 109.00 109.30 — 7.80 Jul 113.00 109.00 110.60 — 4.60 Sep 112.50 109…

BGR Goldcorp Central MVP Capital Net value $11.53% 6.86% 6.14% 0.63% Price $9.25% 4.000% 5.375% 0.38% Discount $19.77% 41.7% 12.5% 39.7% Value …

Goldenbell Resources has amalgamated with ABM Gold Corp. under the latter name. Goldenbell shareholders will receive one class A common share of ABM for each three old shares held. ABM Gold is a U.S. …

U.S. gold producer Galactic Resources (TSE) has restated its 1988 consolidated financial statements in order to incorporate a more conservative accounting of cash and properties acquired last summer f…

Vancouver-based Coral Gold Corp. (TSE) became listed on the Toronto Stock Exchange May 3, issuing 10.5 million common shares. A further 304,000 shares have been reserved. Coral is also listed on the V…

A feasibility study completed by Australian company Boulder Gold N.L. for the Mountain View chromite property, suggests the project could become the first ferrochrome producer in the U.S. Located in …

First quarter gold production rose by 12% for Echo Bay Mines (TSE) thanks largely to a major expansion program under way at the company’s McCoy/Cove mine in Nevada. Echo Bay’s total quarterly gold pro…