Signs of creeping inflation finally outweighed the negative effects of high interest rates on gold bullion. Today’s second London fix of $387.25 (US) per oz was up by more than $3. Despite the firming…
Bureaucratic concerns about detailed supporting documentation needed for applications made under the new CEIP (Canadian Exploration Incentive Program) have led to some streamlining of the regulations….
Can you explain the withholding of a verdict, or finding in the Corona versus Lac case by the Supreme Court of Canada? I would expect Canadian firms have a right to a speedy “trial” as they do in the …
Prices for resource stocks in general turned upward this week, with the mining and minerals index recording a jump of more than 34 pts. The market portfolio was also better, up almost 21 pts. Daily tr…
Callahan Mining Corp. has acquired an option to earn a 50% interest in a gold prospect south of Kirkland Lake, Ont. Near Boston Creek, the property is being vended by partners Shenandoah Resources (VS…
Associated juniors Jonpol Explorations (TSE) and T & H Resources (TSE) have agreed in principal to exchange 1.5 million common shares, the companies report. The exchange is subject to shareholder appr…
A group of Texas brokers recently took a tour of International Baslen’s Laduboro/Montreal Trust gold property in the heart of Val d’Or, Que, where a $300,000 drill program is under way. While Baslen T…
A motion by Corona Corp. (TSE) seeking an interim injunction to prevent a takeover by another firm of Dickenson Mines (TSE) and Kam-Kotia Mines (TSE) was to be heard April 13 and 14 in a Toronto court…
A new gold discovery has been made by Placer Dome Inc. (TSE) and Currie Rose Resources (VSE) on their 10,000-acre property near Laonil Lake, northeast of La Ronge, Sask. The discovery was made after P…
Proving significant deposits exist should not be required to retain title on a mining claim says the Prospectors and Developers Association of Canada. “Work proves mines,” says the association in its …
Varna Gold (ASE) has signed an agreement allowing it to buy the remaining 30% interest in the Tilt Cove property on Newfoundland’s Baie Verte Peninsula. The interest will be acquired from Gingrich Exp…
ALUMINUM: MW U.S. Market US93.50- 97.00 cents per lb. (Apr 6, 1989). ANTIMONY: New York dealer 99 cents -$1.01(US) per lb. (Apr 6, 1989). BISMUTH: New York dealer $6.65-$6.75(US) per lb (Mar 9, 1989)….
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