News

Updated Reserve Report In Progress for Ketza River

A detailed reserve report update is being compiled by consultants Derry, Michener, Booth & Wahl for the Ketza River gold project in the Yukon Territory. Project operator Canamax Resources (TSE) expect…


Minorco drops takeover bid for Cons Gold Fields

A $6.1 billion hostile bid for Consolidated Gold Fields PLC has been dropped by Minorco SA following the British government’s decision to investigate the deal’s effect on the strategic metals markets….


An American role model

New Democratic Party leader Edward Broadbent’s barely disguised glee at the Liberal Party’s woes leading up to this general election are understandable. But when he solemnly declares that Canada might…


Gold Standard Mercur suit is old-fashioned slugfest

A court case involving Gold Standard Inc. (NASDAQ) and American Barrick Resources (TSE) has turned into a legal slugfest. The dispute involves the Mercur mine in Utah in which Gold Standard presently …


OSC blocks Noranda’s move

The Ontario Securities Commission has temporarily blocked Noranda Inc’s (TSE) move to increase control of Falconbridge Ltd. (TSE). Citing pre-bid integration rules, the Commission has stopped Noranda’…


Editorial Flin Flon shouldn’t suffer for apartheid

Hudson Bay Mining & Smelting’s request for help from the federal and Manitoba governments to modernize its smelter at Flin Flon, Man., has raised an unwarranted level of hysteria. Rhetoric from those …



Alberta Stock Exchange Betts Cove ups Bitech

Drill results from what looks like the one of the best gold discoveries to date in Newfoundland, lead to a cease-trading order early in the week for property-holder Bitech Energy Resources. When news …



Open pit reserve outlined by LynnGold in Manitoba

LynnGold Resources (TSE) and Trans America Industries (VSE) have outlined gold reserves amenable to open pit mining on their Burnt Timber property, located seven miles southeast of Lynn Lake, Man. Bas…


Pamorex earnings

Pamorex Minerals (TSE) realized a profit for the second quarter ended Sept 30, of $731,000 or 5 per share. This compares with a loss of $294,000 or 1 per share in the same period last year. The profi…


Queries 1958 shares

I have some old share certificates for the Consolidated Mining and Smelting Company of Canada, which my late husband purchased in 1958. I am trying to settle the estate and would like to know where I …


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