After an extended downward spiral, both Vancouver Stock Exchange Indices staged rebounds over the week ended Sept. 4: the Resource Index up about five points to the 740 level, and the Composite Index …
Open-market stock purchases by Total Resources (Canada) of Calgary have boosted the company’s holdings in Total Energold (TSE) to 72.5% of the latter’s outstanding shares. Total Resources, a wholly ow…
In 1776, the historian Gibbon observed that the command of iron gives a nation the command of gold. Much the same might be said of coal to which the story of iron is so inextricably tied. By 1761, the…
A recent staking rush northeast of Sudbury, Ont., has management at Flag Resources smiling. The junior, with property in the area, is reported to be considering a proposal from Falconbridge Ltd. for a…
An agreement is in the works which could ultimately result in a production decision on the Dome Mountain project, near Smithers, B.C., or at least see further drilling done on the property. Drilling e…
Once again the Prospectors and Developers Association of Canada has presented a strong case concerning a number of issues at the annual mines ministers conference. Sustainable development was the them…
Assay results were released by Tenajon Resources (VSE) from several holes previously reported to have intersected visible gold on the SB property, north of Stewart, B.C. The drilling was part of a rec…
A softening gold price, the result of quieter times in the Persian Gulf, seemed to spur the stock market. The general market portfolio index, while still off, was down by only 3.5 points for the week …
Toronto-based gold producer Agnico-Eagle Mines (TSE) recently increased its exposure to any new developments at a Val d’Or, Que., exploration property held by affiliate Goldex Mines (TSE). According t…
Representatives from 12 major mining contractors met recently in North Bay, Ont., and formed the Mining Contractors Association of Canada (MCAC). The delegates, from Ontario, Saskatchewan and Quebec, …
Week’s Price (US) Change Gold* $384.60 — $4.50 Silver* $4.76 — $0.10 Platinum* $484.50 — $3.75 Nickel** $4.96 — $0.03 Lead** $0.39 — $0.01 Copper- $1.32 — $0.01 Zinc $0.71 — $0.04 Courtesy of S…
On word that Home Lake Resources had staked 100 claims in the Eastmain River area of northern Quebec, shares of the junior company jumped 40 cents to close at $1.55 on a volume of 120,950 for the week…
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