Toronto-based Kerr Addison Mines (TSE) intends to sell its 30.5% stake in Calgary-based oil and gas producer Anderson Exploration. Kerr’s 6.2 million shares of Anderson are worth nearly $100 million a…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date January 8 January 7 January 4 January 3 January 2 Copper 1348-1350 1358-1360 1322-13…
The Toronto Stock Exchange (TSE) has agreed to take responsibility for the unlisted stock market known as COATS. Towards the end of January, the TSE will take over the trading system from the Ontario …
A 5,000- metre diamond drilling program is scheduled to begin before month- end at the Big Island property located near Flin Flon, Man. Minnova (TSE) is earning a 50% interest in the property from New…
Funds made available through a 6-month line of credit will allow Major General Resources (VSE) to initiate a winter drilling program at its wholly owned Meen Lake, McVean Lake and First Loon propertie…
Drilling will get under way at the Grandroy mine project near Chibougamau, Que., this month, says property-owner Inlet Resources (VSE). Inlet will be testing the depth potential of the copper-gold dep…
A porphyry gold prospect in southern California has been acquired by Golconda Resources which rose 16 cents to close at 28 cents on volume of 82,000 shares. Golconda said widespread gold mineralizatio…
It wasn’t exactly a stellar year in 1990 for the precious metals’ industry and if analysts are correct, 1991 isn’t going to be much better. At least not for gold and silver. Last year, high interest r…
The Vancouver market indices remained relatively quiet during the report period ended Jan. 8, with little news to help spur activity. The composite index remained virtually unchanged at the 627-level …
Having recently completed an annual review of trading activity on the composite 300 index, The Toronto Stock Exchange is dropping six mining issues from the index and adding one. To disappear from the…
The Canadian Mining Hall of Fame awards ceremony, the industry’s annual tribute to its most distinguished citizens, just keeps on getting bigger. At the recent third annual dinner function at Toronto’…
Valuation of mineral deposits and companies will be the subject of the Canadian Insitute of Mining, Metallurgy and Petroleum’s sixth mineral economics symposium Jan. 17 at Toronto’s Sheraton Centre. S…
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