Patrick Heenan has resigned as president and director of Goldpost Resources (TSE). Heenan was appointed president of the company in 1985, when Goldpost was incorporated to manage Geddes Resources’ (TS…
Options Open Series Volume Last Interest Nov. 380 C 432 7.00 1,092 Nov. 390 C 239 3.30 1,925 Nov. 400 C 359 1.80 2,833 Nov. 420 C 169 0.60 3,712 Nov. 430 C 183 0.60 3,801 Feb. 420 C 137 9.00 1,299 Feb…
A new high-grade zone of zinc- copper-gold mineralization has been discovered by Hudson Bay Mining and Smelting (TSE) below the current workings of its Trout Lake mine in Manitoba. The mine is a joint…
It’s tough enough ensuring adequate liquidity, compliance and visibility. Now, it seems, stock markets have to justify their existence in terms of whether they are on the side of Good or Evil. All sto…
Leo MacKenzie, president of MacKenzie Resources, died recently. He was 58. Born in Nova Scotia, Mackenzie held a B.Sc. degree in geology from 0506,0000 St. Francis Xavier University. Companies he had …
A major drilling program is just getting under way on the Normetal property north of La Sarre, Que. Cominco has earmarked $1.4 million to explore for deep massive sulphides on the 26,000-acre property…
Trading volumes slumped during the report period ended Nov. 6 as investors stayed clear of the market to await signs of a recovery in the economy. Despite strength in the gold price, a number of junio…
Bruno Goetting, former mine manager of Teck Corp.’s Beaverdell (Highland Bell) mine died recently in Penticton, B.C. He was 68. Born in Germany, Goetting received his early education in Hanover. He st…
Heavy rains in mid-October caused an old tailings pond in northeastern Ontario belonging to Matachewan Consolidated Mines (TSE) to overflow and spill into the Montreal River, contaminating the water s…
As share values moved to record lows last month, total trading volume jumped to 28.7 million, up 27% from September’s volume. “People are being forced out of the market as the shares weaken,” explaine…
The manager of Placer Dome’s (TSE) Dome mine in Timmins says the company hopes to reduce its average production costs by as much as US$43 per oz. Robert Perry made the comment at the conclusion of a 6…
Independent miners, pitted against multinational giants, will have difficulty raising money from financiers, said Bob Parsons, chairman of Toronto-based Price Waterhouse’s mining industry services gro…
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