Editorial G.M. turns to gold
Seems like most everyone is turning more and more to gold these days. Its appeal has even caught the fancy of giant General Motors, which obviously recognizes the attraction it holds. The big firm’s…
Seems like most everyone is turning more and more to gold these days. Its appeal has even caught the fancy of giant General Motors, which obviously recognizes the attraction it holds. The big firm’s…
Ontario’s Ministry of Northern Development and Mines says it will release the results of a recently- completed airborne geophysical survey of a 4,000-km area south of Dryden, on May 26. The ministry s…
The Canadian Steel Service Centre Institute reports a positive mood among its members. Results of a recent survey indicate 35% of the membership is bullish on further increases in business activity, w…
It should be a great party when Timmins, Ont. — the city with a heart of gold — celebrates its 75th anniversary this summer. We wonder, though, how many participants will be prepared to get up Sunda…
Vehicle Systems Corp. (Bothell, Wash.) is marketing an on-board monitoring system for off-highway trucks. Designed to reduce maintenance costs, the system consists of an in-the- cab display box, a sma…
Les Equipements Lefco of Montreal, Que., has delivered to a Montreal contracting company three new Aveling Barford 35-ton capacity trucks. The company will be using the trucks to supply crushed stone …
I have been a shareholder of O’Brien Energy and Resources for a good many years. I have followed its progress through news stories with interest and optimisim. Your reviews have generally been support…
Thirty drill holes, totalling 27,353 ft have been drilled on the main gold zone of Raymor Resources’ property in Amos, Que. Drill results are not all available yet but indications are the zone carries…
May 26 May 25 May 22 May 21 May 20 ** ** Gold London Bullion Dealers afternoon (morning) $US per oz. ** 449.00(459.65) N/A 466.50(473.60) 469.10(468.60) 475.25(479.95) ** Gold Ba…
Mines in Ontario are subject to three separate levels of taxation: federal income tax, Ontario income tax and Ontario mining tax. The Ontario Mining Tax Act imposes a 20% tax on taxable mining profits…
A total of $148,500 to provide working capital by issuance of shares and share purchase warrants under an exempt private offering has been raised by Holmer Gold Mines. In other news, Holmer expects to…
High gold values are being encountered in the initial raise being developed at the Mishibishu Lake joint venture in northern Ontario, John McAdam, president of Flanagan McAdam Resources, reports. Flan…
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