Although the key Bank of Canada rate rose and the Canadian dollar dropped, the Toronto Stock Exchange managed to post a meagre gain for the 5-day report period ended Aug. 16. The composite 300 index e…
Losses on western markets continue to snowball in the wake of the recent selloff in diamond issues. Gold’s sleepy performance at the US$377-per-oz. level lent little support to the market, although, t…
Coal is the non-glamorous chemical cousin of the diamond, and it has always had an image problem. Now, at last, the public perception seems to be catching up with reality. Our coal industry is earning…
London Metal Exchange Spot closing prices in $US per tonne Date August 16 August 15 August 12 August 11 August 10 Copper 2394.5-2395.5 2400-2402 2400-2401 2413.5-2414.5 2402.5-2403.5 Lead 551.5-552.5 …
Under a preliminary agreement, Roxmark Mines (TSE) will gain control of the Little Long Lac gold mine property from Algoma Steel. Situated in Geraldton, Ont., the former producing property comprises 7…
After spending US$1.5 million on the Tintic project in Utah, Kennecott opted to withdraw from its joint venture with Centurion Mines (NASDAQ). The project in the historic Tintic mining district was re…
Junior gold explorer High River Gold Mines (TSE) has raised $12.1 million by selling 5 million special warrants. Each special warrant is exchangeable for one share, or 1.1 share if a final receipt is …
Two separate agreements have been reached by Monarch Resources (TSE) which allow the company to acquire interests in a Venezuelan property and Argentine properties. Monarch signed a letter of intent w…
Three senior officers and one director of Consolidated Ramrod Gold (TSE) bought and sold shares in June. According to the Ontario Securities Commission’s OSC Bulletin, director Allan Frame bought 2,00…
Results from the first five holes of a 37-hole program have increased reserves at the Hislop-Beatty project in northeastern Ontario. Operator Hemlo Gold Mines (TSE) reports that the best intersection …
Investors have exercised a series of warrants enabling Greenstone Resources (TSE) to raise $2.2 million. The warrants were issued in conjunction with two rounds of financing completed in mid-1992. The…
A group of Nova Scotian investors representing Cavalier Capital Corp. has initiated legal action against Westminer Canada and six other defendants. The investors claim to have suffered an $8-million l…
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