News

Trail improvements pay dividends for Cominco

Improvements at the lead-zinc smelter in Trail, B.C., and at the Red Dog mine in northwest Alaska gave Cominco (TSE) a boost in the first quarter. The major posted $2.3 million in consolidated net ear…



Ramrod calls off share acquisition

Plans by Consolidated Ramrod Gold (TSE) to acquire all issued and outstanding shares of San Andreas Resources (TSE) for Ramrod shares have been cancelled. San Andreas President Peter Tsaparas provided…


EDITORIAL PAGE — A taxing history

We don’t pretend to be economists, but we do feel confident in possessing a rudimentary grasp of the major tenets of modern-day economics. We know, for example, that the modern government penchant for…


Charlim lists on Montreal Exchange

Formerly listed on the Vancouver Stock Exchange, common shares of Charlim Resources have begun trading on the Montreal Exchange. Charlim, which explores for and develops mining properties in Quebec, c…


NEWS ROUNDUP — Ican drilling Idaho play

Drilling has begun on Ican Minerals’ (TSE) Almaden gold mine in Idaho. The work will test a newly discovered zone which is 2,000 ft. northwest of the known orebody and 500 ft. lower in elevation. In t…


Freewest options claims north of Kirkland Lake

Montreal-based Freewest Resources (TSE) has signed an option to acquire three claims, comprising 1,040 acres, north of Kirkland Lake, Ont. Over a 5-year period, Freewest will pay $150,000 cash and iss…


Gold and the International Monetary Fund

The International Monetary Fund (IMF) is the second-largest holder of gold in the world. From 1944 to 1978, gold was the unit of account and the central reserve asset of the international financial sy…






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