News

Following the completion of a metallurgical check assay program, Canalaska Resources (VSE) is reporting an increase in the tonnage, grade and thickness of its 100% owned Rainbow Hill gold project in A…

Krigold Resources (VSE) says it is seeking private placement funding or a joint venture partner to initiate a $350,000 exploration program on its 65% owned Sachigo River gold property, about 250 miles…

Toronto-based Sherritt Gordon (TSE) recently completed a previously announced public issue of 5.2 million common shares at $7.35 per share. The company says four million shares were sold on a “bought …

Recently released assay results from last year’s drilling program on the Ester Dome property by a subsidiary of Inco indicate the potential for a large, low-grade gold deposit. American Copper & Nicke…

Hank Giegerich, former president of Cominco Alaska, will address the audience at a luncheon meeting, April 25, at Toronto’s Royal York Hotel. The gathering is sponsored by the Toronto branch of the Ca…

Apr. 9 Apr. 8 Apr. 5 Apr. 4 Apr. 3 HIGH LOW Composite”300″ 3505.14 3515.68 3518.13 3524.26 3516.44 4009.47 3009.91 Metals & Minerals3095.40 3132.89 3135.70 3134.09 3130.66 3453.06 2502.63 Integrated M…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Apr 107.50 106.60 106.70 — 2.69 May 108.20 106.65 107.15 — 2.55 Jun 107.00 106.40 106.40 — 2.05 SILVER (in US …

Week’s Price (US) Change Gold* $363.65 + $ 5.80 Silver* $ 4.02 — $ 0.05 Platinum* $406.00 + $ 7.50 Nickel** $ 4.13 + $ 0.05 Lead** $ 0.28 $ 0.00 Copper{ $ 1.12 + $ 0.01 Zinc{{ $ 0.59 + $ 0.04 Courtes…

The Highland Valley Copper mine, southwest of Kamloops, B.C., has been recognized for maintaining the highest standard of job safety in a British Columbia mine during 1990. The award was presented by …

Recent drilling by Vangold Resources (VSE) intersected 14.8 ft. grading 0.41 oz. gold per ton on the Gertrude property in the historic Rossland mining camp of southern British Columbia. The camp is be…

Year-over-year earnings slipped to US$1.2 million for CoCa Mines (NASDAQ) during 1990. CoCa reported earnings of US$1.9 million on revenues of US$25.6 million for the year ended Dec. 31, 1989. Earning…

Shares of Tucson-based Arimetco International (TSE) recently rose 25 cents to $3.35 after the company entered into a 5-year copper sales agreement with New York metals trader Billiton Metals. Under te…