I would like to say how much I enjoyed your 75th-year anniversary issue. I especially enjoyed Noble Harbinson’s comments regarding the cancellation years ago of the 3-year tax-free period for new mine…
Confused investors opted to remain on the sidelines today, March 21, as they waited for more definite signs of what the immediate future holds for the economy. As a result, volumes were generally low …
A high priority is being placed on exploration this year by LAC Minerals (TSE) as the company gears up to focus on several high priority gold projects including the Red Mountain discovery near Stewart…
A drop in gold and silver prices as well as increased production costs hurt year-end earnings for FMC Gold (NYSE). The company reported earnings for the year ended Dec. 31 of US$48.9 million on revenu…
The first fashion show ever held at Toronto’s Skydome took place at Windows restaurant recently. This show was part of the Women’s program of the Prospectors and Developers Association of Canada’s ann…
I am amazed by your editorial “Focus on Canada’s potential” (T.N.M., March 19/90). Your criticism of the Prospectors and Developers Association of Canada is uncalled for. First, you ignore what is obv…
An aggregate of US$30,562,651 has been received by Liberian Iron Ore (TSE) from Liberian American- Swedish Minerals (LAMCO), a subsidiary of LIO. The decision to transfer the money was made after the …
Production financing has been finalized for the Oracle Ridge project owned by South Atlantic Ventures (VSE). Total funding for the project is estimated at US$6 million for mill construction plus US$1 …
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar. 20 Mar. 19 Mar. 16 Mar. 15 Mar. 14 Copper 1652-1654 1650-1652 1668-1670 1676-16…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Mar 129.10 127.50 128.00 + 9.00 Apr 122.90 121.50 121.30 + 6.15 May 119.00 116.70 117.30 + 4.60 SILVER (in US cen…
Franco-Nevada Mining (TSE), which holds a royalty interest in American Barrick Resources’ (TSE) Nevada-based Goldstrike mine, recently completed a private placement of 500,000 special warrants. Exerci…
Record gold and silver production is reported by Avino Mines & Resources (VSE) for the Avino mine near Durango in central Mexico. Silver production reached 873,000 oz. in 1989, a 56% increase over the…
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