The Vancouver composite and resource indices retreated during the period ended May 14. The resource index shed 3.37 points to finish at 530.87, while the composite index dropped 4.30 points to settle …
Following a joint venture agreement between Kennecott and NovaGold Resources, Costigan Gold, which closed unchanged at 35 cents, has agreed to revise its partnership with NovaGold. Costigan will excha…
BMR Gold (TSE) has hired a New York investment banking group to help in arranging a private financing worth up to $4.5 million to be spent on BMR’s Oliver Hills heap leach facility, which is nearing s…
As we prepare for Corona Corp.’s annual and special general meeting which will take place May 31 in Vancouver, we were a little non-plussed to read in the TSE market report (T.N.M., May 6/91) that our…
Ardvreck Inc., a private company controlled by former Pamour (TSE) President Denis McLeod, recently agreed to purchase a 22.4% controlling stake in Vancouver-based Golden North Resources (TSE). Pendin…
The new Snip gold mine operated of Cominco (TSE) in the Iskut River camp of northwestern British Columbia is a case study in juggling the logistics of an isolated location. It’s a fly-in, fly-out situ…
About a month before signing a financing deal with Teck (TSE), Vancouver promoter Murray Pezim sold a substantial portion of his holdings in Prime Equities (VSE) and Tymar Resources (TSE). In mid-Mar…
Two associated juniors, U.S. Precious Metals (NASDAQ) and Centurion Gold (NASDAQ), reported encouraging exploration results from their respective gold projects in Nevada and California. The companies…
ALUMINUM: MW U.S. Market US62-64 cents per lb. (Apr. 25, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$2.80-2.90 per lb. (Jan. 31, 1991). CADMIU…
Increased revenue and gold production were reported by Cambior (TSE) for the first quarter of 1991. Revenue jumped by 33% to $36.3 million while output rose to 62,105 oz. compared with 39,582 oz. for …
Encouraged by recent results at the Magusi zinc-copper property, Deak Resources (TSE) is examining the possibility of incorporating deep copper mining into its current production plan for the site. Th…
Through exploration expenditures totalling US$2 million over six years, Teck (TSE) can earn a 60% interest in the Buck epithermal gold property held by Carlin Gold (ASE) and Redfern Resources (TSE). T…
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