Nothing if not ambitious, American Barrick Resources (TSE) is closely monitoring a takeover battle involving two of the world’s largest gold producers. If, as seems likely, Minerals and Resources Corp…
Having achieved its primary objective of efficient, low cost production at its silver/copper/gold mine near Houston, B.C., Equity Silver Mines (TSE) is turning its attention to the search for future o…
Net first-quarter earnings for LAC Minerals (TSE) were $7.1 million or 8 cents per share. Last year, first- quarter earnings were $8 million or 9 cents per share. Revenue was $42.4 million compared …
A quiet trading mood prevailed on COATS this week. Volume improved modestly for South American Goldfields with trading in the 67 cents -76 cents range, up a nickel from last week. This company is cur…
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 9 May 8 May 5 May 4 May 3 Copper 1699-170…
An over-subscribed initial public offering that raised $5.7 million has Fairbanks Gold (VSE) set to begin a major work program on an Alaskan property where it had previously outlined a significant, ne…
Low gold values have been assayed in drill core returned from a program on the Conglomerate Lake project operated by High Frontier Resources (VSE). The northwestern Ontario property covers two gold sh…
Production costs at Blackdome Mining Corp.’s (TSE) gold project near Clinton, B.C., were significantly higher in 1988 even though the mill operated 20% above design capacity. Addressing the company’…
Testing continues in an attempt to resolve differences in the findings of two research facilities working with material from the Manitou mill tailings near Val d’Or, Que. Operator of the project is a …
An interesting cross-section of mining industry movers and shakers have put up seed capital funding for recently-created McNickel Inc. (COATS), which is poised to start drilling this June on its coppe…
Diversification into non-metallics remains a key ingredient in Hecla Mining’s (NYSE) current business strategy but the company’s “bread and butter” business is still gold and silver. That probably won…
Toronto-based Bitech Energy Resources (ASE) has increased the geological reserve estimate for its Nugget Pond gold property in Newfoundland. This represents the second reserve increase the company has…
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