Representatives from 12 major mining contractors met recently in North Bay, Ont., and formed the Mining Contractors Association of Canada (MCAC). The delegates, from Ontario, Saskatchewan and Quebec, …
Week’s Price (US) Change Gold* $384.60 — $4.50 Silver* $4.76 — $0.10 Platinum* $484.50 — $3.75 Nickel** $4.96 — $0.03 Lead** $0.39 — $0.01 Copper- $1.32 — $0.01 Zinc $0.71 — $0.04 Courtesy of S…
The price of gold bullion remained relatively stable during the week ended Sept. 4 as tensions in the Middle East appeared to have eased somewhat with the release of Western women and children held ho…
.U.S. Grant Gold Mining Co. Ltd. (USG:VSE) has changed its name to Atrium Resources Ltd. (ATM:VSE) on a 1-new-for-7-old- share basis. Transfer agent is Central Guaranty Trust.
Equity Reserve and Equity Investments, mining mutual funds which together control about 25% of the outstanding shares of Trimin Resources (TSE), may be seeking to oust Trimin’s current management team…
A US$12-million forward sale of gold to Homestake Mining (NYSE) has been arranged by North American Metals (VSE). The transaction, which will involve about 39,000 oz., is on terms similar to a $31-mil…
A sharp increase in metal and mineral prices and improving oil prices gave the all-commodity price index of Scotiabank a small boost in July. The gains more than offset softening forest products and a…
Options Open Series Volume Last Interest Nov. 390 C 182 18.00 736 Nov. 400 C 899 11.00 1,721 Nov. 410 C 249 8.50 2,071 Nov. 420 C 281 6.50 2,632 Nov. 440 C 265 3.50 3,210 Nov. 450 C 140 2.80 382 Nov. …
Calgary-based Pinegrove Resources (ASE) has become one of the first junior mining companies in Canada to use the federal government’s Immigrant Investor Program to raise funds for a placer gold mine i…
Bermuda-based gold producer Osborne and Chappel Goldfields (TSE) has earned a small profit from its 50% owned Los Lilenes bucket- dredging project in Ecuador. Osborne and Chappel reported a profit of …
For the three months ended June 30, Granges (TSE) reported a loss of $972,000 versus a loss of $1.07 million in the second quarter, 1989. The company reported that earnings from mining operations for …
An agreement is in the works which could ultimately result in a production decision on the Dome Mountain project, near Smithers, B.C., or at least see further drilling done on the property. Drilling e…
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