Most mining companies would have been crippled by the loss of a gold property the size of the Williams mine at Hemlo in northern Ontario. In the case of LAC Minerals (TSE), the company appears to have…
You have to wonder about Michael Wilson and his proposed Goods and Services Tax. It seemed like an idea whose time had come. The existing retail sales tax was long overdue for an overhaul and, in ge…
MPV BGR Central Capital Net value $11.71 $ 5.94 $0.57 Price $10.00 $ 5.75 $0.35 Discount 14.60% 3.2% 38.6% Value $69,723,231 $99,9…
A bid by Cominco Resources International (TSE) and parent company Cominco Ltd. (TSE) to develop the Quebrada Blanca copper deposit in northern Chile was recently accepted by ENAMI, a Chilean governmen…
Hemlo Gold this week acquired an additional 486,600 shares of Central Crude at an undisclosed price through a private purchase agreement with an unspecified seller. Shares of Central Crude have traded…
Leading the week’s trading was McNickel Inc. with more than 200,000 shares changing hands. McNickel traded as high as $3.00 before closing at $2.65, off 25 cents from the week before. Three drills ar…
A visitor to Trader Resource Corp.’s (TSE) recent annual meeting in Toronto could have been forgiven for thinking he had stumbled upon a gathering of the local law society. Lawyers almost outnumbered …
Vancouver-based junior Inter- Globe Resources (VSE) is hoping positive metallurgical test results will be obtained for its Gibellini vanadium deposit near Eureka, Nev. The company recently completed 1…
Week’s Price (US) Change Gold*$366.80–$0.80 Silver*$5.23–$0.01 Platinum*$485.35–$2.65 Nickel**$5.65–$0.34 Lead**$0.32+$0.00 Copper$1.31+$0.05 Zinc$0.88+$0.05 Courtesy of Scotiabank. Information…
Purchase of an interest in the Kidd Creek operation of Falconbridge Ltd. (TSE) was pursued by Noranda Inc. (TSE) between December, 1988, and April of this year. Details of the dealings are contained i…
A lawsuit launched by Borealis Exploration against NIM Management Ltd. and several of its partners, has translated into a healthy increase in the price of Borealis shares. They gained a $1 this week o…
A confrontation over interprovincial jurisdiction on environmental matters relating to a proposed gold mine at Shoal Lake, Ont., is certain to be one of the issues raised at a mines ministers’ confere…
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