Like many junior explorers across Canada, Anglo Dominion Gold’s (TSE) ability to finance its main projects was hampered by the Oct 19 market downturn. Nevertheless, the Toronto company’s financial pos…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) May 96.50 95.00 95.90 + 6.55 Jul 91.10 89.60 90…
Reporting encouraging drilling results from properties in Saskatchewan and Manitoba is Troymin Resources (ASE). At La Ronge, where Saskatchewan Mining Development is the operator, 13 holes representin…
A gold discovery in northern Chile has been described by the president of Lac Minerals (TSE), Peter Allen, as “highly significant for the company.” The discovery was made on Lac’s 85%-owned Apolinario…
If there were any doubts about the success of the mineral exploration industry’s attempts to make the continuation of flow- through financing a political issue, they were laid to rest when the federal…
North American Rare Metals (VSE) is continuing drilling with three machines at the Matagama area gold property which it owns jointly with Dundee Palliser Inc. (TSE). The deepest hole is still open to …
The decision to go ahead with the Marigold gold project in central Nevada will bring Rayrock Yellowknife Resources’ (TSE) net gold production to around 50,000 oz a year, the annual meeting was told. T…
MSV Resources Inc. (ME) has sold its holding of 1,492,500 shares in Canacord Resources Inc. (TSE) to Prime Capital Corp. The sale represent 10% of Canacord’s issued and outstanding shares.
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Apr. 26 Apr. 25 Apr. 22 Apr. 21 Apr. 20 Copper 1080-1190 1095-1105 1167-1168 1170-118…
When a mining company turns into a holding company what’s to be done but pay dividends and wait for the cash flow to keep coming? That’s exactly what Lornex Mining (TSE), the 45% partner in Highland V…
If you’re a geochemist, chances are your next grassroots exploration project will have a better chance of success if you can identify not just rock types in the field but also jack pine, trembling asp…
After reporting record earnings of $93.1 million in 1987, Rio Algom (TSE) is coming off what can only be described as a banner year. And, with first quarter net earnings of $26.4 million (60 cents per…
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