News

The war in the Persian Gulf should have reminded the U.S. just how dependent it is on foreign sources for its energy needs. That, in turn, should make it equally clear how desirable it is to the U.S. …

The proposed merger between gold mining giants American Barrick and Newmont Mining has some industry analysts predicting further rationalization of the North American gold mining industry. Peter Mille…

Management of Toronto-based BGR Precious Metals (TSE) will vigorously challenge any attempt by Ontario tax authorities to reassess the gold investment firm’s status as a trading entity, shareholders w…

Citing the need to cut costs, St Andrew Goldfields (TSE) will suspend underground mining operations at the Stock Township mine just west of Matheson, Ont., for two months. In the meantime, a total of …

At their annual meeting, held this year in Montreal on June 6, members of the Mining Association of Canada had a rare opportunity to hear an articulate analysis of the nation’s constitutional situatio…

Profits of US$6 million are expected to be realized by Fischer-Watt Gold (NASDAQ) and a joint venture partner from their recently opened Mystic gold mine north of Phoenix, Ariz. During the next nine …

Options Open Series Volume Last Interest Aug 360 P 200 3.50 10 The New York closing gold price was $372.00 per oz. Last quotations for gold options traded i…

Glenn Garland appointed director.

David Falk appointed president and director; Stephen Salaga appointed director; Kelly Loder, Glen Loder, Tom Repchuk and Harry Melton appointed directors.

Allen Gordon appointed vice-president, technical services.

Semi-monthly reports as of May 31, showed 22,558,548 shares of 583 issues compared with 25,640,565 shares of 587 issues on May 15. Larger individual positions included: Amer. Barrick 423,542, up 290,8…

Reconnaissance scale stream sediment and water data covering a vast segment of southeastern British Columbia will be released later this month by the province’s Ministry of Energy, Mines and Petroleum…