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…
Reserves at the Jerome property north of Sudbury, Ont., have been increased to 600,000 tons averaging 0.2 oz gold per ton. The joint venture partners exploring the old Jerome Gold mine property report…
Although Wharf Res. (TSE) almost doubled its net income in 1988, the company had to make substantial payments to some of its former officers. Wharf, which came under the control of Dickenson Mines (TS…
Market activity in Vancouver slumped in the past week in response to declining gold prices and the continued use of high interest rates to keep the lid on inflation. The market remained stagnant at pr…
The takeover of Dickenson Mines (TSE) by Goldcorp Investments Ltd. of Toronto seems to have barely interrupted the operations of the gold producer. “It’s business as usual,” President John Kachmar tol…
Toronto-based Geddes Resources (TSE) plans to spend $10.8 million this year on its Windy Craggy copper-cobalt-gold prospect in northwestern British Columbia. The aptly named Windy Craggy property is l…
While the spot price of uranium continued its fall last year, world production of U3O8 in 1988 rose slightly to 96.8 million lb. A number of offsetting factors accounted for the increased world output…
Borealis — R. & Ch Cox bought 101,900 (Mar.) @ $2.20, sold 16,350 @ $2.75 to hold 325,403. Colony Pacific — P. Geib bought 39,500 (Mar.) @ 95 cents to hold 303,500. Cons. Norex — Graymont Ltd. bou…
A joint venture exploration program involving a group of companies led by Hillsborough Resources (TSE) will get under way this summer at the Mt. Hundere zinc-lead- silver property near Watson Lake, Y….
A plan to restructure its oil and gas and industrial mineral assets has been announced by Corona Corp. (TSE). The plan calls for Corona to become the majority owner of North American oil and gas produ…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.