Terramar Resource Corp. has agreed to purchase Mount Gaines Resources, a California company whose principal asset is the old Mount Gains gold mine in California. Between 1853 and 1949, the mine produc…
High demand and low inventories have sent copper prices flying and it isn’t just the big producers who are benefiting. The ripples are spreading and one busy trader of late, United Gunn Resources, exp…
Recently listed for trading on the Toronto Stock Exchange (symbol mgd), Murgold Resources reports it has completed an offering yielding the company $690,000. Murgold, which also trades on the Vancouve…
Trading activity has improved on coats following the dismal performance recorded in November, 1987. During that month, the average daily value of shares traded fell to a record low of $1 million. Tota…
The threat of heavy penalty duties being imposed by the United States on Canadian potash in yet another trade dispute between the two countries has been averted. Under a new agreement negotiated betwe…
Drilling by partners Canamax Resources and Pacific Trans-Ocean Resources on their equally held Ketza River property in the Yukon, has encountered high-grade mineralization from an oxidized unit in the…
Diamond drilling is expected to get under way this month on the recently acquired gold property of Frankfield Explorations in the Pickle Lake area of northwestern Ontario, President O. F. Carter tells…
The board of directors of Getty Resources has advised its shareholders to accept the revised offer proposed by Total Resources. Although still claiming that Getty’s underlying value exceeds the $11 of…
Encouraging drilling results have been obtained by Noranda Exploration and Central Crude from two areas of the 290-claim Eagle River gold prospect located 30 miles from Wawa, Ont., in the Mishibishu L…
Toronto-based Armistice Resources was recently listed for trading (symbol aci) on the Montreal Exchange. Incorporated in Ontario in 1984, Armistice, which also trades on the Alberta Stock Exchange, wa…
A new shareholder may soon be making its presence felt at Toronto- based McFinley Red Lake Mines. An agreement has been signed between drx Inc. of Denver, Colo., and Alexandra Mining Co. (Bermuda) whe…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jan 134.00 133.20 133.20 — 6.80 Mar 120.70 116.25 117.15 — 5.75 M…
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