News

New conductors outlined on Canmine’s Fer Property

Several new geophysical anomalies have been delineated on the Collins Point area of the Fer property in northern Manitoba, reports owner Canmine Resources (CDN). Collins Point is one kilometre west of…


Dome mine output on the increase

Gold production at the Dome mine in South Porcupine, Ont., has reached levels not seen since the 1940s. The rise is attributed to the addition of an “expert” to the staff of the Placer Dome (TSE) proj…


EDITORIAL PAGE — Deep-felt commitment

Nothing warms the cockles of an old miner’s heart more than to read that some aging mine somewhere in Canada, tottering toward depletion, discovers a new zone or orebody. Closure postponed, a few hund…



Judge denies OSC penny stocks policy

A judge has struck down an Ontario Securities Commission (OSC) policy designed to control abuses in the sale of speculative penny stocks. In a 42-page decision, Justice Robert Blair of the general div…


Chinese gold miners asked to boost output

China has told gold producers to increase output and meet state quotas to ensure an annual growth rate of 10%, Agence France Presse reports from Beijing. The nation’s gold reserves have been affected …


Falconbridge Gold drills at Kopje

Deep drilling at the Golden Kopje gold mine property in Zimbabwe has outlined potential new reserves, Falconbridge Gold (TSE) reports. The current phase includes five holes on surface and two undergro…






GOLD FUNDS (August 16, 1993)

BGR Central Net Value $13.81 $6.41 Price $12.00 $6.625 Discount 13.12% 3.4% Value $77,366,000 $119,907,863…


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