With interest rates trending higher and gold slipping below $440 (US), many investors are staying on the sidelines until some positive news emerges. Brokerage month-end has compounded matters further …
ONTARIO Fire River Gold — final rec iss offer 1,000,000 @ $1.25 per sh to net $625,000. VANCOUVER Cheryl — 500,000 sold for gross $1,350,000. Alberta Natural Gas — gross proceeds rec $35,078,507. E…
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date June 14 June 13 June 10 June 9 June 8 Copper 1376-1380 1430-1432 1555-1560 1525-1…
Not only is Consolidated TVX Mining (TSE) determined to be a low-cost producer, but the Toronto- based firm has designs on becoming the largest gold-mining company in South America. TVX, whose share o…
West Delta Resources has changed its name to International Delta Resources Ltd. (IDQ:VSE) on a 1-new-for-3-old share basis.
Alberta-listed Jilbey Industries has acquired an option to earn a 50% interest in two large blocks of gold exploration claims: one in the Larder Lake and one in Sudbury area of northern Ontario. The 2…
With zinc prices at record levels, Pine Point Mines (TSE) has exercised its option to purchase a further 12% interest in Cominco Ltd.’s (TSE ) Polaris mine. Located on Little Cornwallis Island in the …
Having been an observer of the gold scene for many, many years, I thought it was about time I got something off my chest. The price of gold is being artfully manipulated. It has been for several years…
The Beaverlodge gold area of northern Saskatchewan is the current focus of exploration attention of Lenora Explorations (TSE), President Robert Kasner said at the annual meeting. A feasibility study i…
An $8-million gold loan is being arranged by Nova-Cogesco Resources (TSE) with Cambior Inc. (TSE). Proceeds of the loan, at the agreement-in-principle stage, will be used to finance Nova-Cogesco’s sha…
While the focus of Heenan Senlac Resources (TSE) is currently on oil and gas developments in Saskatchewan because of the rapid cash payback, it is still very much involved in mineral exploration and i…
A number of Alberta gold issues suffered as the price of gold dipped from $441 to $434(US) per oz in response to a reduced outlook for inflation. One of the biggest casualties was the International Ba…
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