Four companies to form CanGold
Four related companies plan to amalgamate under the name CanGold Resources. The four are Hughes Lang (VSE), Orofino Resources (TSE), Nova-Cogesco Resources (TSE) and Equity Reserve (TSE). Under the pl…
Four related companies plan to amalgamate under the name CanGold Resources. The four are Hughes Lang (VSE), Orofino Resources (TSE), Nova-Cogesco Resources (TSE) and Equity Reserve (TSE). Under the pl…
I would like to thank The Northern Miner for bringing to the public’s attention the fact that Canada’s central bank gold reserves will be zero in another 24 months at the present rate of selling by th…
There’s more encouraging news from the Hislop gold property in northeastern Ontario. Hemlo Gold Mines (TSE), the operator with a 60% interest, and Glimmer Resources (VSE), with 40%, said the five step…
We see gold trading between US$360 and US$390 per oz. for the remainder of 1993, and we have used an average price for calendar 1994 of US$370. Net central bank sales should continue, prices will like…
The rabid environmentalists seem to be stymied in their campaign to shut down the logging industry of Clayoquot Sound in British Columbia. The government stands firmly committed to its land-use decisi…
Week’s Price (US) Change Gold* $370.10 – $6.00 Silver* $ 4.33 – $0.22 Platinum* $366.75 – $5.90 Nickel** $ 2.10 – $0.02 Lead** $ 0.19 + $0.01 Copper $ 0.74 $0.00 Zinc $ 0.42 $0.00 Courtesy of Scotiaba…
— Week — Nov 30 Nov 29 Nov 26 Nov 25 Nov 24 High Low Composite”300″ 4180.21 4170.33 4220.61 4229.18 4223.34 4233.58 4168.06 Metals&Minerals 3275.99 3257.66 3274.72 3269.89 3274.33 3290.40 3257.53 In…
The Chamber of Mineral Resources of Nova Scotia is establishing an annual Media Award to be given to writers who present the province’s mining industry in a favorable light. The Chamber plans to prese…
John Geller appointed vice-chairman.
S. Ogryzlo and Peter Bedford elected directors.
Gordon Bub appointed director and officer; Rene Galipeau appointed chief financial officer.
Stephen Murphy appointed director.
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