News

The market indices headed lower for the week ended Dec 19, although daily trading volumes, ranging between 6.9 million and 9.1 million shares, picked up in strength. The market portfolio dropped almos…

In assessing today’s markets for the various base metals, an important factor is inventory size. More than a few observers have pointed out how inventories over-all have remained low for the major met…

ALUMINUM: MW U.S. Market US73.00 cents – 74.75 cents per lb. (Dec 14, 1989). ANTIMONY: New York dealer US81 cents -84 cents per lb. (Nov 30, 1989). BISMUTH: New York dealer $4.40-$4.50(US) per lb. (D…

Gold guru turned mine financier Ian McAvity is hoping that the recent upswing in the price of gold will revive his reputation as the man with the Midas touch. As president of Toronto-based mining fina…

A 7-hole infill drill program completed by Spirit Lake Explorations (ME) has returned a high-grading intersection from the company’s Edwards gold property northeast of Wawa, Ont. Hole 101 intersected …

Ontex Resources (TSE) didn’t have much good news to report to its shareholders at the company’s annual meeting in Toronto this month. The junior company is cash- strapped and entangled in a 4-year- lo…

Funding of $50,000 has been made available for studies on road access to the Windy Craggy property in northwestern British Columbia under the federal-provincial Mineral Development Agreement. Situated…

A recent sampling of the No 2 vein over a portion of the 250 level lying west of the No 1 shaft and directly below the current drifting on the 125 level at the Granada property near Rouyn-Noranda, Que…

Week’s Price (US) Change Gold* $413.15 –$ 3.95 Silver* $ 5.58 –$ 0.09 Platinum* $513.00 +$ 0.75 Nickel** $ 4.15 +$ 0.09 Lead** $ 0.31 –$ 0.02 Copp…

For those who received Christmas gifts that might best be described as useless, consider some of the nifty selections Japanese marketers were able to unload during the holiday season. One that parti…

Every year, as regular as clockwork, market activity on all exchanges gently winds down for the holiday season as investors and brokers turn their attention to parties, shopping and Christmas cheer. O…

Denison Mines (TSE) says a deal to sell its oil and gas assets in Spain has been terminated and the company is engaged in discussions with another prospective buyer. The previous deal was expected to …