News

Now that the free trade agreement is a certainty, its new immigration provisions should result in at least a 50% increase in Canadians doing business in the United States. According to Joseph Grasmick…

With gold prices off slightly, investors were turning their attention to copper this week. Following an announcement that a high grade copper showing has been found at the Rambler property near Baie V…

A 3-compartment, rectangular shaft should be completed on Acadia Mineral Ventures’ (TSE) Mooseland property in Nova Scotia by mid-summer, 1989, according to Grant Bye, project manager. Speaking at the…

Queenstake Resources (TSE) of Vancouver reports net earnings for the 3-month period ended Sept 30, of $398,687 or 4 per share on revenue of $4.8 million. For the same quarter a year earlier the compa…

With an unwanted suitor waiting in the wings and continuing uncertainty in the market place, late January may not be the best time to launch a gold company. But Falconbridge Ltd. (TSE) will go ahead a…

There was a surprising unanimity of opinion on the future of the United States precious metals industry by key executives at the Northwest Mining Association convention held here recently. A special f…

Amer Chromium — Savanna Res bought 500,027 (private) @ 10 to hold 10,410,726. Belmoral — A. Brown sold 16,500 (Oct) @ $1.69-1.85 to hold 1,005,931. F. Brown sold 17,000 (Oct) @ $1.67-1.80 to hold 84…

Although it may not be palatable to some people, the feeding frenzy behavior of groups such as the many investors in metals, constitutes a vital component of the market that provides price discovery f…

After a 2-year effort to restructure the $320-million debt load of its 48%-owned affiliate Oakwood Petroleums, Landmark Corp. (TSE) has finally found a buyer for the beleaguered company. If creditors …

By year-end, Queenstake Resources (TSE) expects it will have produced a total of 13,800 fine troy oz from its placer mining operations in British Columbia and the Yukon Territories, making 1987 its se…

Inco Limited (TSE) in Thompson, Man., has won the provincial award for efficient electrical energy use in industry, it was announced recently by the Canadian Electrical Association and Manitoba Hydro….

I would like information on some old mining stocks from the late 1940s and early 1950s. My father bought 700 shares of a penny stock called Yukon Galena Hill Mines in 1948-49. He also has a certificat…