Placer Dome Inc. (TSE) has re-affirmed its commitment to focus on gold mining by appointing Anthony Petrina as the company’s new president and chief operating officer. A former hard rock miner from Su…
Trenching by Geraldton Longlac Gold Mines (COATS) has produced encouraging gold values. A mineralized zone was trenched along 80 ft of strike yielding assays up to 0.24 oz gold per ton across 6.5 ft. …
A 5,000-ft exploratory drilling program has been completed by Fischer-Watt Gold Company on its Delamar property in Lincoln Cty., Nev. The company controls 144 claims in the district with six identifie…
N.Y. Commodity Exchange 0206,0108,0007,0108,0007,0108,0007,0203 Week’s High Low Close Change COPPER (in US cents per lb.) Sep114.65 112.80 113.85 + 4.95 Oct111.80 111.80 111….
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Sept 20 Sept 19 Sept 16 Sept 15 Sept 14 Copper 1475…
Gold’s recent dip below $400 was described as “ugly” by one VSE broker, “because it’s gold that drives our market.” Although current thinking is that the market has bottomed out, there is no shortage …
Recently subscribing for $500,000 worth of common shares of NovaGold Resources (TSE) was MVP Capital (TSE), a resource sector investment company based in Toronto. Purchase of the shares is subject to …
It’s been one of those years. Two steps forward and one step back. Nothing’s come easily. It’s been tough. With 1987 ending on a sour enough note, 1988 started as a struggle to claw back from the Oc…
Just weeks away from becoming a Canadian gold producer, Aur Resources (TSE) is taking a calculated gamble on a Brazilian diamond property which it hasn’t seen yet. The Toronto company has signed a let…
In a bid to keep its healthy balance sheet intact, Toronto-based Aur Resources (TSE) has made arrangements with The Chase Manhattan Bank of Canada for an $8 million gold loan. The company is attemptin…
Teck Corp. (TSE) plans to mine the Comet- Davenport property near its Afton copper mine at Kamloops, B.C. Three Vancouver-listed companies: Comet Industries, Davenport Industries and Initial Develope…
Four more holes have been reported by Huntington Resources (VSE) from its Brett property near Vernon, B.C., the subject of an option agreement with Corona Corp. (TSE). All of the holes returned encour…
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