The gold price is proving to be extremely volatile as investors react quickly to political manoeuvering in the Middle East. In recent days, gold soared to US$415.50 as the likelihood of armed conflict…
For $1.5 million in cash, securities and work commitments, Minefinders (VSE) has agreed to sell some of its Quebec properties to Malartic Hygrade Gold Mines (Canada) (VSE). Malartic Hygrade, Minefinde…
Earnings for the first half of 1990 for Equity Silver Mines (TSE) stood virtually unchanged over the previous year. The company reported earnings for common shareholders of $8.2 million for the six mo…
The controlling shareholder of American Barrick Resources (TSE), Horsham (TSE), achieved record second-quarter earnings, thanks to the performance of its oil producing subsidiary. Horsham said net ear…
Joint venture partners Ascot Resources (VSE) and Beauchamps Exploration (VSE) say they have identified two anomalous zones of gold and base metals mineralization on their Kiniskan Lake property, 112 m…
The American Mining Congress (AMC) has recommended the adoption of specific provisions in the final U.S. clean air bill to “preserve a viable domestic mining industry.” The provisions, submitted to th…
Although gold slipped below US$400 per oz. after reaching US$406 earlier in the week, a number of Alberta issues benefited from a rally sparked by continuing tensions in the Middle East. During the we…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Aug — — 134.00 + 6.50 Sept — — 132.85 + 5.55 Oct — — 129.85 + 4.40 SILVER (in US cents per oz.) Aug — — 5…
The Galore Creek area, part of the Golden Triangle in northwestern British Columbia, is teeming with geologists hunting for precious metal and polymetallic deposits. Among the active players is Goldbe…
Perhaps taking a cue from rival Corona’s wheeling and dealing in the Eskay Creek saga, Placer Dome (TSE) has secured a lockup agreement with certain shareholders of Continental Gold (TSE) whereby they…
Drilling on the Crown Jewel project in northeastern Washington State continues to return encouraging results. Battle Mountain Gold (NYSE) is earning a 51% interest in the project from Crown Resources …
Net earnings of $6.9 million (22 cents per share) on revenue of $39.2 million were recorded by Cambior (TSE) for the second quarter, compared with $5.2 million (22 cents per share) on revenue of $30.2…
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