News

I read your analysis of the Hudson Bay Mining and Smelting operation with some interest. In your editorial Flin Flon shouldn’t suffer for apartheid (N.M., Oct 3/88) by stating “. * * Take any action t…

New North American plant capacity for the production of cyanide, the sodium and calcium variety, is in the works. Both E.I. du Pont (sodium) in the United States and Cyanamid Canada Inc. (calcium) hav…

Shareholders meetings scheduled for mid-January, 1989 are expected to result in the amalgamation of affiliated companies, Crown Resource Corp. (NASDAQ), Gold Texas Resources (VSE) and Gold Capital Cor…

In an industry where the brightest geologists often go unrewarded with even one major discovery, the development of a gold mine is considered an achievement not to be taken lightly. So when a junior r…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US per lb.) Dec 159.50 156.00 158.90 + 6.90 Mar 136.90 133.90 136.00 + 7.00 May 127.50 125.80 126.9…

Northgate Exploration (TSE) has agreed to provide MSV Resources (ME) with a financing package totalling $6.5 million. This includes a $5.2-million bridge facility which must be paid back by April 30, …

Fording Coal Limited has officially opened the Genesee Coal mine ahead of schedule and under budget. Located 55 km south-west of Edmonton, Alta., the Genesee Coal mine forms part of the Genesee Power …

Companies seeking a listing on the Vancouver Stock Exchan ge will now have to meet tougher original listing requirements, particularly for the financing of non-natural resource ventures. The new requi…

Encouraging surface gold showings have been assayed by partners Can-Mac Exploration (VSE) and Glen Auden Resources (TSE) on their Topboot Lake property south of Timmins, Ont. Located in the Swayze are…

Recently revived Young-Shannon Gold Mines has arranged a private placement of flow-through shares in the amount of $300,000 at $1.00 per share to fund work on its gold property in Chester Twp., north …

Shareholders of Pamorex Minerals (TSE) recently gave their approval, at a special meeting, to a private placement with Giant Yellowknife Mines (TSE) involving about 4.8 million shares at $0.726 per sh…

Calling Inco Ltd. (TSE) a heavy trader of late would be an understatement. The nickel producer, which recently received shareholder approval for a recapitalization plan involving a “poison pill” provi…