Your reporting of Mr. Pugsley’s statement on New Quebec Raglan (N.M., April 10/89) was negative, probably truthful, yet poorly timed since it was just one week before Falconbridge made its offer to ac…
The huge tax bite in last week’s federal budget has a bright side for the exploration industry, according to analysts at Clarkson Gordon, a Toronto chartered accountant firm. Investors may look to flo…
A stronger U.S. dollar and mounting signs that inflation is not about to take off, combined to clobber gold to a three year low of $376.50. Today’s London fix managed a small gain to $378.60. The gloo…
Thanks to a lucrative hedging program and expanded gold production at seven North American mines, American Barrick Resources (TSE) achieved record earnings and cash flow during the first quarter of 19…
An ambitious international program of new mine development is expected to translate into increased gold production and a lower average production cost for Placer Dome Inc. (TSE) in 1989. Earnings from…
ALUMINUM: MW U.S. Market US99.00- $1.01 per lb. (Apr 27, 1989). ANTIMONY: New York dealer US95 cents -99 cents per lb. (Apr 27, 1989). BISMUTH: New York dealer $6.45-$6.60(US) per lb (Apr 27, 1989). …
Gold producer USMX Inc. is taking its former president to court over certain mining claims in Pershing Cty., Nev. USMX has filed a suit in Nevada alleging a breach of fiduciary duty by Gary Grauberger…
Reporting encouraging drilling results from a 164-hole program representing almost 21,000 ft at the Duvay gold property in northwestern Quebec is Sphinx Mining (ME). A heap leach bulk test is being un…
Hillside Energy Corp. has changed its name to Charter Minerals Inc. (CMN:VSE) on a 1-new- for-2.5-old share basis. Transfer agent is Montreal Trust Company.
The American subsidiary of Placer Dome Inc. (TSE) has acquired an option on Oneida Resources (VSE) Mexican Hat gold property in Arizona. Placer has the right to earn a 60% interest by buying 400,000 O…
Listless trading was the order of the week as investors appeared to be digesting the contents of the recent federal budget. Baloil Lassiter lost ground, as did the other five volume leaders. Lassiter …
The push is on to raise the $40 million needed to bring the Eastmain gold project in northern Quebec into production, MSV Resources (ME) reports. President Mario Caron says the directors of MSV have a…
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