The spot price of platinum dropped about $100 recently following an announcement in the United States by the Ford Motor Co. that it is developing a catalytic converter which does not require the metal…
The president of North Bay, Ont., based Silver Bar Mines (COATS) and his wife are scheduled to appear in Provincial Court April 19 and 20, to face a series of fraud charges. Ronald and Shirley Gilson …
Toronto-based Belmoral Mines (TSE) expects to increase its gold production in 1989 to more than 100,000 oz by acquiring the troubled Ketza River gold mine in the Yukon Territory. Belmoral says it has …
An offering of $200 million(US) principal amount of copper interest- indexed senior subordinated notes due 1998 is being made by Magma Copper (NASDAQ). Interest on the copper notes will be indexed to …
A reverse circulation drilling program by Brican Resources (VSE) is under way on the Cottonwood gold prospect, part of the North Peak project, in Nevada’s Battle Mountain district. The 18-hole drill p…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US per lb.) Dec 159.50 156.00 158.90 + 6.90 Mar 136.90 133.90 136.00 + 7.00 May 127.50 125.80 126.9…
Northgate Exploration (TSE) has agreed to provide MSV Resources (ME) with a financing package totalling $6.5 million. This includes a $5.2-million bridge facility which must be paid back by April 30, …
A wholly-owned subsidiary of Mineral Resources International (TSE), Nanisivik Mines, recently acquired an additional 462,000 shares of Highwood Resources (TSE), increasing its stake in that company to…
The Centre for Resource Studies examines the wide-held premise that “more remote” means “less economic” for mineral exploration and development. The economic analysis and comparison of mining potentia…
Shareholders of Camindex Mines (TSE) have voted overwhelmingly in favor of an amalgamation with MVP Capital Corp. (TSE). Camindex, which has a 51% interest in the troubled Valdez Creek placer gold pro…
From a presentation by Ross Lawrence, P.Eng., to the Toronto Geological Discussion Group. There are three broad categories of accepted valuation methodologies: income, cost and market techniques. All …
Dickenson Mines (TSE) has acquired an additional 349,300 common shares, or 2%, of Wharf Resources (TSE) through purchases on the Toronto Stock Exchange. Dickenson now owns 6,030,411 common shares, or …
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