Toronto-based Northgate Exploration (TSE) has emerged with a bigger stake in Neptune Resources’ (TSE) Colomac gold project after exercising its opti on to acqu ire a 30% interest in the project for $2…
Drilling on Ming’s Bight property of Varna Gold (ASE) in Newfoundland continues to yield some interesting results. Exploration there is being financed by Toronto-based Corona Corp. (TSE), which can e…
U.S. gold producer Pegasus Gold Corp. (TSE) has secured an option from High River Gold Mines (VSE) to acquire that company’s interest in the Comet mine proper ty in Jefferson Cty., Mont. The project …
A production decision has been announced for the Bogosu gold project in Ghana, Africa, with the start-up scheduled for the third quarter of 1990. One of the project partners, Sikaman Gold Resources (…
Mixed results highlighted a holiday-shortened trading week, with the market portfolio gaining almost 9 pts and the mining and minerals index droppi ng almost 8 pts. Daily volumes were consistent, rang…
Assay results have been released by Mutual Resources (VSE) from recent drilling on the Dixie Lake gold property 15 miles south of Red Lake, On t. The 141-claim property is centred on a gold-bearing ir…
Cassandra Resources (VSE) has acquired a gold prospect in the Unuk River area of northwestern British Columbia. Located two miles from the Eskay Creek gold d iscovery made by partners Calpine Resource…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sep130.50 127.70 128.30 + 0.30 Oct– — 127.40 + 0.80 Dec127.50 123.80 124.50 + …
Sept 5 Sept 4 Sept 1 Aug 31 Aug 30 HIGH LOW Composite “300”3998.83 Holiday4014.56401 0.184009.114019.623353.13 Metals & Minerals3860.47Holiday3919.203911.483910.773919.203207.50 Integrated mines4051.9…
“Rationalizing” was a well-used term in the mid-1980s when mining companies were losing money by the skip-load and drastic measures were needed to stay in b usiness. Rationalizing was the response to …
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Sept 5 Sept 4 Sept 1 Aug 31 Aug 30 Copper 1915-1917 …
Third-quarter results released recently by Dumagami Mines (TSE) have convinced a Montreal-based shareholder of Dumagami that the terms of a proposed merger wi th Agnico-Eagle Mines (TSE) do not repr…
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