The recent proposal by U.S. Treasury Secretary James Baker to link world currencies and a basket of commodities, including gold, has more to do with stabilizing the troubled U.S. dollar than remonetiz…
A major drill program has been completed on a property held by Atlanta Gold in Idaho. The work involved 14,046 ft of reverse circulation drilling and 3,045 ft of diamond drilling which was designed to…
Parquet Resources of Toronto will raise between $1.7 million and $5 million from a flow-though share issue to finance continuing work at the company’s gold properties in Val d’Or, Que. and Beardmore, …
Bateman Bay Mining reports it has raised $150,000 through a private placement, which will be used to provide working capital for company operations. The private placement covers acquisition by the inv…
British investors have apparently developed an insatiable appetite for gold properties in the Iskut River area of northwestern B.C. This time it’s the snip property of Cominco and Delaware Resources w…
Spot closing prices in Pound Sterling per tonne Date Oct. 13 Oct. 12 Oct.9 Oct. 8 Oct. 7 Copper 1199-1201 1202-1203 1185-1186 N/A 1169 -1170 Lead 369-371 367-36…
All deals are off, Calgary-based Bow Valley Industries says of its plans to buy a stake in Getty Resources. Earlier this month Bow Valley entered into share option agreements with four shareholders of…
Milling operations have started on the surface rock dumps at Ateba Mines’ Beardmore gold properties near Thunder Bay, Ont. To provide more mill feed for expanded milling operations at the Pan- Empire …
Total known uranium supply (measured, indicated and inferred) in Canada at the end of 1986 was estimated to be 576,000 tonnes, the ministry of energy, mines and resources reports. That total is up fro…
An agreement has been signed by J.A.G. Mines and Halex Resources under which Halex may acquire up to 60% of the former’s Belleterre property in northwestern Quebec by spending not less than $3 million…
When someone talks about gold supply and demand, it’s best to remember that throughout history, the precious metal never seems to have been out of fashion. What made gold attractive centuries ago — i…
Franco Nevada Mining has filed a final prospectus in connection with its plan to spin out to its existing shareholders a sister company called Euro-Nevada Mining. Under the terms of the prospectus, Fr…
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