Fears of a rise in the Bank of Canada rate and a subsequent 75-100-point increase in the chartered bank prime lending rate took their toll on Canadian markets during the week ended May 10. In response…
Within a year of acquiring several promising gold deposits in North America and Zimbabwe, Kinross Gold (TSE) has set its sights on Latin America. At the annual meeting in Toronto, the company announce…
City Resources (Canada) (CIZ:VSE) has changed its name to Misty Mountain Gold (MGL:VSE) on a share-for-share basis.
Drillers have uncovered gold and copper mineralization at a property near Amos, Que. Exploration Orbite (ME) intersected 40 sulphide-bearing sections, the thickness of which varies from a few feet to …
In mid-1985, Ontario’s debt stood at $30 billion. Throughout the following five years of Liberal profligacy, despite a robust economy during most of that half-decade, the debt rose to $39.3 billion. (…
In its latest annual survey of the gold market, Gold 1994, Gold Fields Mineral Services (GFMS) of London says “1993 will be remembered in the gold market chiefly for the resurgence of buying interest …
The federal government is determined to maintain a healthy mining industry within the context of sustainable development, Natural Resources Minister Anne McLellan told delegates at the recent Mineral …
The Mexican Stock Exchange (Bolsa Mexicana de Valores), one of the fastest-growing stock markets in the world, celebrates its 100th anniversary this year. The Bolsa is already the largest of the world…
The president of the Toronto Stock Exchange will retire at the end of 1994. “I’m pleased to be leaving the exchange when it’s in such good financial condition and at a time when we have moved into a p…
ALUMINUM: MW U.S. market US60.75-61.75 cents per lb. (April 21, 1994). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 1…
An option to acquire a 59.9% interest in the Philippine company Taysan Copper has been amended to the benefit of Chase Resource (TSE). The amendment extends to May, 1997, the deadline for the final pu…
Growth in reserves and output is the name of the game in the gold mining business. Pegasus Gold (TSE) plans to achieve this growth by combining grassroots exploration with participation in advanced de…
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