Investors found little Christmas cheer in their stockings this week as gold prices decided to test the $400 mark, dipping to $406 on London’s second fix on Dec. 27, today. The sell-off in bullion clip…
Kennedy River Gold — 1,000,000 offered @ 50 cents per sh. Ranger Pacific Minerals — min 600,000 offered @ 40 cents per sh. Strike Egy — 1,000,000 offered @ $1.90 per unit. Exeter Mining — 700,000 …
Denver- based Gold King Consolidated (NASDAQ) plans to be in production within the first half of 1990 at the recently acquired Adelaide Crown open pit gold mine in Humboldt Cty., Nev. The mining lease…
Last year a number of new mines saw their first production. Among them was Cheni Gold’s (TSE) Lawyers mine in the Toodoggone area of British Columbia, which came on stream in August. It will have an e…
Volume leader for the holiday week ended Dec 26 was Milestone Resource which closed at 19 cents on volume of 117,000 shares. A couple of months ago, Milestone completed a shallow drill program on the…
Options Open SeriesVolumeLastInterest Feb 370 C 7549.50 484 Feb 400 C 6221.702,408 Feb 410 C 5117.001,449 Feb 420 C 44411.502,669 Feb 430 C 49 7.002,546 Feb 440 C 49 4.50 949 May…
Keynote speaker at the upcoming second annual induction banquet and ceremony of the Canadian Mining Hall of Fame will be Norman Keevil Jr., president and chief executive officer of Teck Corp. and cha…
New streamlined and updated mining tax laws for British Columbia mines will take effect in January, 1990, Mines Minister Jack Davis recently announced. “This simplifies administration, encourages inve…
The historic Congress gold mine near this small western community is providing an operating base for Malartic Hygrade Gold Mines (VSE) to pursue expansion opportunities into the southwestern U.S. When…
The reorganization of Cassiar Mining has been completed with Cassiar now a wholly owned subsidiary of newly listed Princeton Mining (TSE). Cassiar shareholders received one share of Princeton for each…
Week’s Price (US) Change Gold *$409.45 –$ 3.70 Silver* $ 5.53 –$ 0.05 Platinum* $509.25 –$ 3.75 Nickel** $ 3.82 –$ 0.33 Lead*…
It’s being called the hottest base metals discovery since Kidd Creek and the Louvicourt Twp., Que., find of joint partners Aur Resources (TSE) and Societe Miniere Louvem (TSE) brought a sluggish June …
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