News

Toronto-based Horsham (TSE), which controls gold producer American Barrick Resources (TSE), recently reported a sharp increase in first- quarter earnings. Horsham said earnings for the first three mo…

Some heavy buying from the National Commercial Bank in Jedda helped to drive gold to its highest level since late January, during the week ended June 11. While the inevitable increase in the price of …

Wiscan Resources (TSE) President Richard Nemis and his wife Diane are poised to benefit from any share activity that may result from exploration on the Toronto company’s Wisconsin gold properties. Acc…

London Metal Exhange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 11 June 10 June 7 June 6 June 5 Copper 1347-1349 1314-1316…

Semi-monthly reports as of May 31, showed 22,558,548 shares of 583 issues compared with 25,640,565 shares of 587 issues on May 15. Larger individual positions included: Amer. Barrick 423,542, up 290,8…

June 11 June 10 June 7 June 6 June 5 HIGH LOW Com.”300″ 3572.25 3569.28 3582.07 3576.87 3556.27 4009.47 3009.91 Metals & Minerals 3173.00 3172.59 3209.40 3234.16 3217.93 3453.06 2502.63 Integra…

To help solve its financial problems, St Andrew Goldfields (TSE) is planning an offering of convertible preferred shares in Switzerland. The company said it has appointed Banque Indosuez of Geneva an…

An agreement-in-principle with St. Genevieve Resources will see Noranda become the majority owner of Societe Miniere Louvem, which is part-owner of the Louvicourt massive sulphide project northeast of…

The Joe Mann gold-copper mine of Campbell Resources (TSE) in the Chibougamau area of Quebec produced 35,400 oz. gold during the first five months of 1991 and is well on its way to meeting its targeted…

At a time when precious metal exploration is all but dead in much of Eastern Canada, it is heartening to see the gold bulls still charging along Ontario’s portion of the Porcupine-Destor fault. Markin…

Saskatchewan is Canada’s premier, but not the country’s only, uranium producing province. By 1993, however, the prairie province will likely be responsible for almost all of the nation’s uranium outpu…

Toronto-based Diepdaume Mines (VSE) plans to start up its custom mill in the Timmins gold camp of northern Ontario this month. Initially, the mill will be fed by a 60,000-ton stockpile from the Ross m…