LynnGold Resources (TSE) has been unable to come to terms with the Manitoba government for a financial rescue package. As a result, the company will continue with plans to close its MacLellan gold min…
Directors of Toronto-based affiliates Agnico-Eagle Mines (TSE) and Dumagami Mines (TSE) have given approval to the terms of a proposed merger of the two companies. Pending approval of Dumagami shareho…
In a week when trading patterns could only be described as lacklustre, slight gains were made by a couple of issues which haven’t been in the limelight lately. Guinness Gold Resources advanced by 20 c…
Your editorial of Oct 16, 1989, “Cut to Via are long overdue,” objecting to another industry (railroads) getting money from the taxpayer, is interesting considering there has probably been a hundred e…
Montreal based St. Genevieve Resources (TSE) reported a 9-month net income of about $1.3 million (3 cents per share), compared to a loss of $2.9 million (20 cents per share) for the same period in 1…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Nov– — 115.75 + 1.90 Dec116.40 116.40 116.20 + 1.85 Jan116.00 116.00 114.20 …
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Nov 14 Nov 13 Nov 10 Nov 9 Nov 8 Copper 1701-17…
Spirit Lake Exploration (ME) has resumed drilling on its Edwards gold property about 60 km northeast of Wawa, Ont., and just east of the Magino and Kremzar mines. The first phase of the $250,000 progr…
A joint venture involving TSA Explorations (VSE) and Teck Corp. (TSE) was formed to explore a lead-zinc-silver prospect 90 km east of Quesnel, B.C. Teck will act as operator for a 52% interest, while …
A net loss of $1.96 million(US), or 3 cents per share, was reported recently by Bond International Gold (TSE) for the company’s first quarter ended Sept 30. That figure compares with net income of $1….
Mining operations were recently suspended at the Spotted Horse underground gold mine operated by Chelsea Resources (TSE). The company indicated that resumption of operations at the Montana mine would …
High River Gold Mines (TSE) has received $1 million in incentive grants from the Canadian Exploration Incentive Program. An additional $500,000 is expected to come from Inco Gold, a wholly owned affil…
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