A recent rock-blasting ceremony on the Laurentian University campus marked the foundation of Ontario’s new, $53-million mines and minerals research centre. Scheduled to be completed by late 1991, it w…
Officers of Sherritt Gordon (TSE) are still trying to confirm if Swedish mining giant Trelleborg has secretly acquired up to 9% of Sherritt’s common shares on the open market, a Sherritt spokesman tol…
The latest assay results from the Eskay Creek project situated north of Stewart, B.C., are revealing lower grade precious metal values along with values in lead, zinc and copper. Eskay Creek is owned …
Juniors Exploration Denn’or (ME) and Orcana Resources (VSE) are negotiating to become joint venture partners in the exploration of two properties in the Val d’Or area of Quebec. The companies will exp…
Net earnings of $34 million (23 cents per share) for the first nine months of 1989 were reported by Corona Corp. (TSE), compared with $24 million (16 cents per share) for the same period last year. T…
Higher base metal prices helped Minnova Inc. (TSE) boost net income for the first nine months of 1989. A member of the Noranda group of companies, Minnova recorded net income of $4.4 million (31 cents…
Third-quarter earnings for Pioneer Metals (TSE) reached $355,000 or 1 cents per share for the period ended Sept 30. This reduces the company’s loss to $816,000 or 4 cents per share for the nine mont…
Resource issues, responding to the rising price of gold, staged a recovery this past week. The mining and minerals index climbed a respectable 56 points, in contrast to the general market portfolio in…
Franc Joubin will autograph his recently published book Not for Gold Alone on Nov 17, 6:30-8 p.m. at The Pottery Shop, 140 Yorkville Avenue, Toronto. Joubin is an internationally known prospector and …
ALUMINUM: MW U.S. Market US79.00 cents – 80.00 cents per lb. (Oct 26, 1989). ANTIMONY: New York dealer US94 cents -98 cents per lb. (Sept 14, 1989). BISMUTH: New York dealer $4.80-$4.90(US) per lb. (…
An agreement has been signed between Northfield Minerals (ASE) and GSR Acquisitions, to purchase an additional 68.5% interest in the Larder Lake gold project near Kirkland Lake, Ont. GSR is acquiring …
The recent strong surge in gold prices was welcome news for brokers and investors though the upswing had little immediate impact on trading activity on the Vancouver Stock Exchange. Institutional buye…
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