News

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 …


Bear market cost jobs (October 31, 1988)

The bear market combined with the spate of bank takeovers of Canadian brokerage firms is proving too much for some firms, which have been forced to cut back staff. Sources from London tell us that Sco…


Base metal miners show good earnings

Led by Inco, which reported net earnings of $200-million(US) in the 3-month period ended September 30, third-quarter results for base metal mining companies are showing excellent performances. Recentl…


Mt. Gibson gold mine expansion completed

Reynold Metals Company recently announced the completion of a major capacity expansion at its 50% owned Mt. Gibson gold mine in Western Australia. The expansion increases the mining and processing cap…


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.

Close