Just when the first vestiges of a rally appeared to be emerging, the sheer nervousness of the market stopped the fledgling advance dead in its tracks. The New Year’s four- day rally, which saw 110 pts…
Neptune Resources has completed a $2-million flow-through share financing which will fund the “immediate development on Neptune’s Colomac project,” in the Northwest Territories. The company is proceed…
Lenora Explorations (len:tse) has announced that surface exploration diamond drilling has resulted in a new gold discovery on its Golden Harker project, located in Harker and Holloway twps., Ont. Indi…
Vancouver-based Fleck Resources says it has started a joint venture exploration program with Westland Exploration in Ireland’s Carlingford region. According to Fleck director John McGoran, an explorat…
“If at first you don’t succeed, try again,” appears to be the strategy being followed by Belmoral Mines of Toronto, which has announced it will spend $5 million on shares and warrants of junior-mining…
Two Quebec-based companies that have had trouble living up to expectations during the past two years may have found a combination to benefit them both. Belmoral Mines, a profitable gold mining company…
An agreement has been concluded between Steep Rock Resources and the Ontario Ministry of Natural Resources which will see Steep Rock surrender all its former mining properties at Atikokan, Ont., to th…
A bitter Canada-U.S trade dispute over potash appears to have been amicably settled, at least for the time being, with both parties apparently satisfied. But it came just in the nick of time, for if a…
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Jan. 12 Jan. 11 Jan. 8 Jan. 7 Jan. 6 Copper 1565-1570 1600-1605 1560-1565 1585-1595 1640-1645 Lea…
Production started early December at Viscount Resources’ 50%-owned O.B. silver- gold mine at Greenwood, B.C. The project is a joint venture with Skylark Resources, which is operator. About 80 tons per…
While Toronto-based Brown, Baldwin, Nisker Ltd. usually reserves its judgment for larger gold mining concerns, it has come up with a research report on what it calls an exciting junior play with lots …
Monte Carlo Gold Mines has announced it will be issuing bonus warrants to common shareholders of record Jan 7. Each bonus warrant will entitle the holder to purchase one additional common share at $3 …
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