With the gold price still fluctuating below the $400(US) level, there was no mistaking the downward pressure on gold issues in recent trading here. Non-resource stocks appear to have dominated trading…
The axiom that mines are made and not found holds true for Piedmont Mining (NASDAQ) and its Haile gold project in South Carolina. Now ranked third behind the Ridgeway mine (BP/Galactic) and the nearby…
Atlantis — L. Payne sold 300,000 (Jan) @ 80 cents to hold 1,726,245. Barron Hunter Hargrave — J. Hargrave sold 50,000 (Jan) @ 3 1/2 cents to hold 3,040,200. S. Hargrave sold 98,000 (Dec) @ 3 cents …
Gold production at the A.W. White mine near Red Lake in northwestern Ontario totalled 70,200 oz last year, up from 63,800 oz in 1987, Dickenson Mines (TSE) reports. During the fourth quarter of 1988, …
New York-based holding company DRX Inc. is preparing to launch a takeover bid for McFinley Red Lake Mines (TSE). Dissatisfied with the lack of progress at McFinley’s Bateman Twp. gold project near Red…
Hudson Bay Mining & Smelting (TSE) Canada’s third-largest copper and fourth- largest zinc producer, had expected to net $86 million in loans from the federal and provincial governments to modernize it…
Under the terms of a new 24-year joint venture agreement, Avino Mines & Resources Ltd. (VSE) has taken over as operator of the Wonder silver and gold mine held under option by Belmont Resources (VSE)….
In his address at the recent 77th annual general meeting of the B.C. & Yukon Chamber of Mines, President Nicholas Carter warned the mining industry that it must assume a proactive rather than a reacti…
Labor problems and a mine explosion in South America, rising inventories in London Metal Exchange (LME) and New York Commodity Exchange (Comex) warehouses, and backwardation on both exchanges seem to …
After analyzing the 1988 exploration program at the Mount Polley copper/gold deposit in south-central British Columbia, project operator Imperial Metals Corp. (TSE) says drilling has successfully conf…
Rosa Brown was no fool. The little old lady who trooped through Kirkland Lake in the years between the two World Wars accompanied by her pack of dogs may have been eccentric, but she was no fool. They…
Higher production, slightly higher average realized gold prices, gains on foreign currency transactions and a greater return on short term investments boosted net earnings of Battle Mountain Gold (NYS…
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