An offer made by Golden Rule Resources(TSE) and Goldsil Resources (TSE) to sell their 45% interest in the Oven Lake joint venture in the La Ronge area of Saskatchewan has been rejected by the TSE. The…
A loss of US$236,652 for the year ended Dec. 31, was reported by Piedmont Mining (NASDAQ). This compares with a loss of US$456,082 in the previous year. The relative improvement in results, despite a …
A preliminary estimate of gold reserves has been released by Glimmer Resources (VSE) for the company’s 40% owned joint venture project with Noranda (TSE) in Beatty and Hislop twps., near Matheson, Ont…
Goldcorp Investments, the Toronto-based gold fund which last year bought control of gold producer Dickenson Mines (TSE), recorded a net loss in 1989 of $3.5 million (20 cents per share) on revenue and…
Ontario mining companies are bracing themselves for hydro rate increases that could increase the cost of supplying power to their operations next year by as much as 8.6%. But after suffering an unusua…
sustainable development…
Exploration and development is under way on the Santa Gertrudis placer gold property in Colombia, says owner Western International Explorations (COATS). Santa Gertrudis, Western International’s 90% ow…
Drilling results from a recently started summer program on the Crown Jewel property in northeastern Washington State indicate that the ultimate size of the gold deposit has yet to be determined. Battl…
Vancouver-based Dayton Developments (VSE) and its private subsidiary Kimex Resources have acquired an option to buy Chevron’s (NYSE) 4% net returns royalty in the Andacollo gold project in Chile. Dayt…
A small drop of 0.5% in Scotiabank’s all-commodity price index was recorded for February; on an annualized basis, the index fell by 5.3% for the month. A decline in base metal prices contributed to th…
Week’s Price (US) Change Gold* $374.10 — $0.15 Silver* $5.09 + $0.08 Platinum* $476.00 + $0.30 Nickel** $3.99 — $0.10 Lead** $0.37 — $0.04 Copper- $1.19 — $0.07 Zinc $0.74 — $0.04 Courtesy of Sco…
Through a public offering on the Indonesian stock exchange, Inco (TSE) will sell 20% of its interest in PT International Nickel Indonesia (PT Inco). The sale will net proceeds of US$250 million, resul…
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