With fears that high interest rates and inflation are lurking around the corner, investors sought solace the only way they knew how — by stocking their portfolios with bullion and gold shares. As the…
More than $3.3 million has been spent by Westmin Resources and joint venture partners Eastmain Resources and MSV Resources on their East Main River properties since 1983. The area is located in northe…
The first two holes of the 1987 exploration season on the Tundra property have confirmed the continuation of gold-bearing zones both at depth and along strike, partners Noranda Inc. and Getty Resource…
The 44th annual meeting and convention of the Canadian Diamond Drilling Association (cdda) will take place April 29, 30 and May 1 at the Fantasyland Hotel in Edmonton, Alta. A varied agenda covering n…
Fewer than two years from its inception, MFC Mining Finance Corp has emerged as a profitable mining finance house, with interests in two operating gold mines. For the year ended Dec 31, mfc generated …
ALUMINUM: MW U.S. Market 64.50 cents -66.00 cents per lb. (Apr 2, 1987). ANTIMONY: New York dealer $1.08-$1.15 per lb. (Apr 2, 1987). BISMUTH: New York dealer $2.50-$2.70 per lb. (Feb 26, 1987). CADMI…
Drilling on about 100-ft centres has outlined eight million tons of potentially economic heap leach reserves at Amir Mines’ Buffalo Gulch and Friday properties, in Idaho. The reserves grade from 0.03 …
Resource companies continue to be among the active leaders on the Montreal Exchange, where two of the mining stocks traded more than a million shares each during the past week. One of the firms, Essor…
Four miners, employees of Inco Ltd., have been killed underground at the company’s Levack nickel mine near Sudbury, Ont. Termed a “freak accident” by officals of the United Steel Workers of America, t…
Most gold issues on the major exchanges entered a modest correction phase today, as gold bullion gave up $8 to $442(US). However, the correction for some companies amounted to nothing more than sidewa…
Week’s High Low Close Change COPPER (in US cents per lb.) April — — 62.55 + 0.35 May 62.85 62.55 62.60 + 0.30 July 62.80 62.50…
This is one heck of a bull market. Rising gold and silver prices have propelled many stocks into orbit but the gravitational pull of higher interest rates has started to drag stocks down. Profit takin…
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