During the week ended March 20 the fortunes of the U.S. dollar continued to dominate the gold market as international investors flock into the currency. The U.S. dollar rose over 100 basis points to c…
With a 43% increase in gold production to a record 1,183,000 ounces, Placer Dome (TSE) surpassed the 1- million-oz. level for the first time in 1989. However, the company’s consolidated 1989 net earni…
Glimmer Resources (VSE) says it should soon have a preliminary estimate for the overall tonnage and grade of a gold zone on its property held jointly with Noranda (TSE) in Beatty and Hislop twps., Ont…
As a director of the Prospectors and Developers Association of Canada and a member of its convention committee, I must challenge your recent editorial “Focus on Canada’s potential” (T.N.M., March 19/9…
Thunderhead Gold Mines, a company that ceased trading in 1983, has since been revived and is actively trading again for the week ended March 20. Thunderhead shares jumped 10 cents to close at $1.15 on…
Test milling results are expected by next month for two bulk samples extracted from underground test stopes at the Eagle River joint venture of 60/40 partners Hemlo Gold (TSE) and Central Crude (TSE)….
Ontario’s mining recorders’ offices in Sudbury and Larder Lake have been swamped with calls from individual prospectors since the province announced that part of a Cobalt-area land caution will be lif…
Teeshin Resources (VSE) says it needs at least $15 million to build a 350-ton-per-day gold mining and milling operation at the Dome Mountain project, 23 miles southeast of Smithers, B.C. The company r…
A high priority is being placed on exploration this year by LAC Minerals (TSE) as the company gears up to focus on several high priority gold projects including the Red Mountain discovery near Stewart…
A drop in gold and silver prices as well as increased production costs hurt year-end earnings for FMC Gold (NYSE). The company reported earnings for the year ended Dec. 31 of US$48.9 million on revenu…
The first fashion show ever held at Toronto’s Skydome took place at Windows restaurant recently. This show was part of the Women’s program of the Prospectors and Developers Association of Canada’s ann…
I am amazed by your editorial “Focus on Canada’s potential” (T.N.M., March 19/90). Your criticism of the Prospectors and Developers Association of Canada is uncalled for. First, you ignore what is obv…
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