The Vancouver Stock Exchange ushered in October by racking up its worst trading day in eight years. To top that off, the VSE composite index fell to an all-time low of 588.99 for the week ended Oct. 2…
Planning to focus more closely on his new investment firm, Dundee Capital, Corona Chairman Ned Goodman has reduced his involvement in Corona (TSE), leaving more room for Peter Steen, Corona’s presiden…
Giant Resources of Australia has agreed to extend the closing of Royal Oak Resources’ (TSE) acquisition of a controlling interest in the Pamour (TSE) group of companies. Royal Oak says it now expects …
Although unable to duplicate the results of last winter’s discovery hole, International Platinum (TSE) says a recent 6-hole program has helped to define the complex nature of mineralization on the Goo…
It has taken longer than expected, but Athena Gold (VSE) finally has a definitive joint venture agreement with a unit of Placer Dome (TSE) for further exploration and development of its 19-square-mile…
The climate for mineral exploration in Canada has become so oppressive that a great many companies are now looking beyond our borders for opportunities. The following quotation, taken from the 1990 an…
The Newfoundland Department of Mines and Energy will host its 1990 open house at St. John’s, Nfld., Nov. 1. It will include a morning session on the department’s various activities and on mineral expl…
The Johnson Camp copper mine near Benson, Ariz., has reached commercial production and will be operating at full capacity by mid- October, says owner Arimetco International (TSE). Ore from the mine is…
The Macassa mine near Kirkland Lake, Ont., will see gold production increase by about 18% this year because of higher than expected ore grades and mill throughput. A spokesman for owner LAC Minerals s…
Falconbridge Ltd. (FL:TSE), in Onaping, Ont., is to develop a computer system which may improve productivity and efficiency in underground mines. Under a $158,000 contract with CANMET, Falconbridge is…
Throughout the summer months the Prospectors and Developers Association of Canada conducted a national campaign designed to inform provincial and federal MPs of the dangerous situation into which Cana…
Week’s Price (US) Change Gold* $389.85 — $11.90 Silver* $4.69 — $0.14 Platinum* $444.00 — $7.85 Nickel** $4.34 — $0.52 Lead** $0.34 — $0.02 Copper- $1.28 + $0.01 Zinc– $0.61 — $0.04 Courtesy of…
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