Western markets leveled off during the period ended May 5, with the Vancouver Stock Exchange composite index finishing up 5.74 points to the 620 level and the resource index slipping just under three …
By recognizing mining as a significant contributor to the province’s economy, the new Ontario budget has drawn a favorable response from industry representatives. While operators have been guaranteed …
Separate transactions involving Toronto-based affiliates Tandem Resources (ME) and North American Rare Metals (ME) have been altered slightly to comply with regulatory requirements. In the first trans…
With the first full year of production from its 24.01% owned Denton Rawhide mine behind it, Plexus Resources (TSE) reported positive earnings and cash flow in 1991. Plexus also holds a 2.45% royalty i…
ALUMINUM: MW U.S. market US61.75-62.75 cents per lb. (Apr. 23, 1992). ANTIMONY: New York dealer US78-82 cents per lb. (Mar. 26, 1992). BISMUTH: New York dealer US$2.50-2.70 per lb. (Mar. 26, 1992). CA…
Newmont Mining believes the worst is over for gold and to prove it, North America’s biggest gold producer spent US$126 million during the week ended May 5 to buy 375,000 oz. of the yellow metal. The N…
A production record of 64,200 oz. gold was set by Pegasus Gold (TSE) for the 1992 first quarter, a 56% increase over the 41,100 oz. produced during the comparable 1991 period. The Spokane-based compan…
The amendment to the property interest agreement between Newcoast Silver Mines (VSE) and Gibraltar Mines (TSE) clears the way for a 19,300-ft. diamond drilling program on the Gibraltar North zone this…
Wheaton River Minerals (TSE) Chairman Ian McDonald continues to be one of the junior resource industry’s most active insiders. In any given week, McDonald’s name usually appears in the Ontario Securit…
Gold Funds as of Apr. 28 BGR Central Net Value $7.54 $4.99 Price $6.00 $4.400 Discount 20.41% 11.8% Value $44,887,000 $74,026,920…
Delta Star Resources Inc. (DLS:VSE) has changed its name to Accord Financial Corp. with a consolidation of capital on a 1-new-for-5-old-share basis.
A deadline to purchase the Magnacon gold mill near Wawa, Ont., has been extended by two months says Richard Nemis, president of Central Crude (TSE). Nemis says he now has until mid-summer to raise the…
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