News

The recent purchase of about 2.2 million shares of Platinova Resources (TSE) has given Goldcorp Investments of Toronto a commanding direct and indirect interest in the junior. Goldcorp said it acquire…

A representative of Canada’s junior mining sector says he fully supports a recent request by the Canadian investment community for changes in the federal tax system. In a recent submission to the fede…

Hit by a double blow of low investor appeal and weakening industrial demand, the silver price is struggling to regain momentum after plunging to 14-year lows earlier this month. Silver dipped below th…

Dale Scholz appointed chairman of the board and director succeeding W. Danke who resigned; Terry Holland and Norm Tribe appointed directors succeeding G. Carlson and R. Handfield who resigned.

Christopher Herald appointed president.

Gary Shellenberg appointed to the board.

Edgar Fenwick appointed director and corporate secretary succeeding Nick Desjarlais who resigned.

Drilling is scheduled to begin on a property adjacent to Card Lake Resources’ 5-claim package in Holloway Twp., Ont., at the beginning of January. Noranda will be testing the so-called Cadden claims f…

Hurt by declines in three of its four sub-indices, the all-commodity price index of Scotiabank fell by 3.6% in November compared with the previous month. The metals and minerals sub- index tumbled by …

ALUMINUM: MW U.S. Market US69.25- 71.25 cents per lb. (Dec. 6, 1990). ANTIMONY: New York dealer US78-80 cents per lb. (Nov. 29, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). CA…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Dec 112.50 114.20 112.60 Jan 111.50 113.30 111.50 Feb 112.00 112.30 112.00 SILVER (in US cents per oz.) Dec 410.0…

By putting its oil and gas assets on the selling block at the beginning of the year, Placer Dome (TSE) signalled that it intended to stick to its core business of mining. New acquisitions, such as the…