News

To illustrate how utterly simple the discovery of a mineral deposit can be, one would be hard-pressed to find a better example than the Silidor gold mine, born in 1985. Neither high-tech geochemistry …

A new reserve calculation has been completed by Inco Gold, a wholly-owned affiliate of Inco Ltd. (TSE) for the former producing Snow Lake gold mine in Manitoba. Held under option from High River Gold …

In northwestern Quebec, the notion of a Quebec separate from Canada is very much alive, but it takes a back seat to the concern for steady employment and the chance to make a good life for one’s famil…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sep140.50 137.00 137.00 + 6.50 Oct133.20 133.20 130.35 + 1.45 Dec129.90 125.80 125.95 …

Options Open SeriesVolumeLastInterest Nov 360 C 17110.502,677 Nov 370 C 57 5.501,845 Nov 380 C 116 3.002,821 Nov 390 C 112 1.502,341 Nov 420 C 102 0.20 675 Nov 440 C 1,000 0.30 749 Feb 390 C …

Lynx-Canada Explorations (TSE) has been amalgamated with CS Resources. The new company will be known as CS Resources and will trade on the Toronto and Montreal stock exchanges — listings which were…

Goldcorp Investments (TSE) and Dickenson Mines (TSE) have entered into an agreement in principle whereby Dickenson will buy the sodium sulphate division of Go ldcorp’s wholly owned subsidiary Kam-Koti…

A newly listed company, Oropex Minerals (VSE) is planning an exploration program on its 288- claim gold prospect in the Yukon. The 30,000-ft dri ll program, wh ich still requires financing to implemen…

This view of the No. 5 shaft headframe dramatize the final stages in the evolution of the mine headframes. This 145-ft-high steel headframe was constructed in 1 940 over the company’s new production s…

President Peter Steen of Corona Corp. (TSE) recently resigned from the board of directors of Toronto- based Franco Nevada Mining (TSE). His resignat ion reflec ts the fact that Corona has sold all of …

West Rim Resources has changed its name to Cimtek Integrated Manufacturing Technologies Inc. (CIN:VSE) on a share-for-share basis.

Gold funds as of Sept 19 MVP BGR Central Capital Net value $11.53 $ 5.86 $0.56 Price $10.125 $ 5.75 $0.30 Discount 12.19% — .9…