Struggling equity markets around the world continued to display signs of fragility as nervous investors watched market indices move over wide ranges all week long. In the U.S., the Federal Reserve Boa…
The most important single item of news to be found in the bruising events flowing from the panic on world stock exchanges from Oct 19 on is that the gold price retained its value (while stocks did not…
Mono Gold Mines reports it has an agreement with Micham Exploration under which Micham can earn a 51% interest in Mono’s Bannockburn gold property near Madoc, Ont. Under the terms of the agreement, Mi…
Assay results from the first hole drilled in a 20,000-ft program on the Sam silver property of Faraway Gold Mines near Houston, B.C., indicate one 45-ft section with ore values comparable to the gross…
George Albino is no longer the chairman and chief executive officer of Toronto-based Rio Algom Ltd. After 23 years with the company, Canada’s second highest paid chief executive was replaced as chairm…
Three of four holes drilled by Cambior Inc. on the Stadacona-East property at Rouyn-Noranda, Que., have returned gold values, Forbex Mining Resources reports. Forbex and Cambior have signed a joint ex…
ALUMINUM: MW U.S. Market 85.00 cents -88.00 cents per lb. (Oct 22, 1987). ANTIMONY: New York dealer $1.10-$1.16 per lb. (Oct 8, 1987). BISMUTH: New York dealer $4.90-$5.00 per lb. (Oct 22, 1987). CAD…
The uptrend in earnings of Dickenson Mines continues, with net for the nine months ended Sept 30 ahead to $4,981,000 or 34 cents per share, up from $2,783,000 or 25 cents a share for the same period…
Following the sale of its shares in West Kootenay Power and Light Co., Cominco Ltd. has reported unaudited consolidated earnings of $92.6 million for the 9-month period ended Sept 30. That compares wi…
Resurrecting the trouble-plagued Ladner Creek gold mine of Carolin Mines near Hope, B.C., is something that appears to have challenged Giant Bay Mines. Giant Bay says it is joining forces with Wright …
As investors tried to reduce their exposure to an uncertain market place, it was a rare issue which traded more than 150,000 shares. Consolidated CBA Ltd. and Consolidated Golden Standard were among t…
Turbulent trading continues to be the trademark of the current market, where the weakened state of the U.S. dollar seems to be the focus of everyone’s attention, as well as that country’s huge deficit…
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