It’s a seesaw market in Vancouver at present and things aren’t likely to change until after spring breakup. Gold has been stronger because of tensions in the Middle East and so has the Canadian dollar…
It was a better year for Potash Corp. of Saskatchewan in 1987 but the Crown corporation still reported a loss of $20.7 million. In what might be considered a turnaround year, the company’s loss repres…
In a week of mixed trading highlighted by a flareup of fighting in the Persian Gulf involving Iran and the U.S. and a small rise in the gold price, the Montreal Exchange’s general market portfolio ind…
Shareholders of Equity Preservation Corp. overwhelmingly approved a management proposal to change the closed- end investment firm into an operating exploration company at a special meeting. Legal chal…
A new gold-bearing zone in the northern part of the Vendome property located 30 miles north of Val d’Or, Que., and three miles west of Barraute, has been discovered by Val d’Or Resources (ME) and Abco…
Strong gold assays have been received by Hemlo Gold Mines from the company’s Eagle River property held under option from Central Crude Ltd. Located in the Mishibishu Lake area west of Wawa, Ont., the …
An engineer at Quebec’s Centre de Recherches Minerales, Remi Tremblay, was recently honored at the 117th conference of the American Institute of Metallurgical and Petroleum Engineers for his work on c…
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Apr.12 Apr. 11 Apr. 8 Apr. 7 Apr. 6 Copper 1250-1260 1274-1276 1303-1305 1293-1295 1294-1…
After failing to reach a pricing agreement, Newmont Mining of New York has decided not to sell a 75% interest in Newmont Australia Ltd., the company said recently. The proposed sale of its Australian …
A. W. Applegath, who heads the Applegath Group of companies including Villeneuve Resources (VSE) and Oneida Resources (VSE), has been increasing his personal holdings in both. In the case of Villeneuv…
A 14,000-ft drilling program has been completed by Canadian-United Minerals (VSE) on its Fireweed polymetallic prospect located 10 miles north of Granisle in central British Columbia. Initial assays i…
Gold production is expected to total 90,000 oz at Sonora Gold Corp.’s Jamestown operation in California this year. The mine, which is operating at 6,000 tons per day, is producing 7,500 oz of gold per…
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