The recent pullback in gold prices to just above $400 has not helped the Vancouver market index, shedding 25 points over the week to the 695 level at noon today, Dec 6. Market sentiment seems to see t…
The spirit of glasnost and perestroika transforming the political landscape of the USSR and Eastern Europe is already creating some fascinating opportunities for Canadian mining companies. The Sovie…
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec 5 Dec 4 Dec 1 Nov 30 Nov 29 Copper 1517-1519 1…
We write to express, in some small degree, our collective anger, frustration and dismay at the appalling manner in which the mining assets of Westfield were recently appropriated by Northgate in a dea…
Third-quarter results of Giant Yellowknife Mines (TSE) indicate the gold producer is back on track after a period of fairly high production costs. Coincidentally, the company has been put up for sale …
VANCOUVER Vista Res Co — 700,000 offered @ 35 cents per sh. Desert Gold — 600,000 offered @ 45 cents per sh. Mercantile Gold — opt exerc on 122,400 @ 55 cents per sh. Foresthill Res — 500,000 o…
A second-phase drilling program has been started by BMR Gold (ASE) to further delineate gold zones on its America Mine property held jointly with Fisher-Watt Gold in California. The 2,000-acre propert…
An advanced gold project in northern Tanzania, East Africa, has caught the eye of Placer Dome (Kahama), a wholly owned subsidiary of Placer Dome (TSE). The Placer Dome subsidiary recently signed an ag…
In order to cover further budget overruns at the 50% owned Golden Bear mine, North American Metals (VSE) has entered a financing agreement with Homestake Mining (NYSE), its principal shareholder. The …
The proposed purchase of substantially all the assets of Asamera Minerals (TSE) by Corona Corp. (TSE) in exchange for 10 million shares of Corona appears to have left minority shareholders out in the …
A tailings treatment project of Giant Yellowknife Mines (TSE) identified (N.M., Dec 4/89) as being in Timmins, Ont., and operating at a breakeven level during the first nine months of 1989 was incorre…
The proposed underground exploration program at the Blue Moon project owned 100% by Colony Pacific Explorations (TSE) was recently approved by all the required government agencies. The wait for enviro…
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