Toronto-based Jascan Resources (TSE) says Uranerz U.S.A., a unit of West Germany’s Uranerzbergbau, has elected to proceed with more drilling on Jascan’s Dawson gold property in Colorado. Uranerz origi…
At the Shamrock property in Newfoundland, Eastern Goldfields continues to search for the source of gold previously discovered in soil samples. To date, more than 4,000 grains of gold, ranging in size …
Sudbury-based Bharti Laamanen Mining says its wholly owned subsidiary BLM Mines has completed the purchase of Falconbridge Ltd.’s 44.8% stake in United Keno Hill Mines (TSE). Under terms on the deal, …
Welcome North Mines Ltd. (WLN:VSE) has changed its name to Welcome North Resources Inc. (WLN:VSE) with no consolidation of capital. Transfer agent is Montreal Trust.005…
Just when you thought you had seen it all — the dismantling of the Berlin Wall, free elections in the East Bloc nations and an attempt at political reform in the Soviet Union — along comes power-hun…
Increased tensions in the Middle East pushed the price of gold bullion at presstime to US$384.75 an ounce after it rose sharply from a 4-year low of US$345.50 an ounce in June. Heavy selling by Arab s…
The Minerals division of resource conglomerate Noranda (TSE) captured first place in the company’s four earnings divisions during the second quarter, followed by its manufacturing, forest and energy s…
Options Open Series Volume Last Interest Aug. 370 C 316 17.00 435 Aug. 380 C 1,044 7.00 763 Aug. 390 C 1,325 2.50 1,888 Aug. 400 C 477 1.50 2,174 Nov. 370 C 409 26.50 694 Nov. 380 C 473 22.00 973 Nov….
Mining is the backbone of all prosperity, a great entrepreneur once said. Not enough people realize the truth of this statement. Sir Isaac Newton’s discovery of the third law of motion, that for every…
A recent issue of $675,000 worth of flow-through financing will allow Lyon Lake Mines (ME) to proceed to the feasibility stage on the Beta Vargas gold deposit in Costa Rica. Lyon Lake can earn a 50% i…
MVP BGR Central Capital Net value $11.14 $5.74 $0.33 Price $ 9.625 $6.000 $0.19 Discount %13.60% %4.5% 42.4% Value $66,345,177 $100,945,800 N/A…
The managing director of British merchant banker Samuel Montagu & Co. is being cross-examined this week in the Utah Federal Court in Salt Lake City by lawyers representing Utah exploration company Gol…
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