It’s been a year of considerable achievement for Jim O’Rourke and Cassiar Mining (TSE) whose diversification out of asbestos into copper couldn’t have been timed better. The company finalized the purc…
Investors hunting for bargains among the lesser known gold mining companies might find Bond International Gold (TSE) an intriguing situation. This company is part of Australian businessman Alan Bond’s…
In a week when investors were still enjoying the Christmas vacation, volumes were seasonally light and only a handful of issues made any real progress. As losses far outweighed the number of gains dur…
Noranda Inc. (TSE) said it has filed with the Toronto Stock Exchange and the Montreal Exchange a notice of intention to make normal course purchases of up to 3,122,490 subordinate voting shares (10%) …
London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Dec 27 Dec 26 Dec 23 Dec 22 Dec 21 Copper N/A N/A 1…
Calgary-based Octan Resources (ASE) has completed the acquisition of Terra Mines’ (TSE) Camsell River assets in the Northwest Territories which were shut down due to low silver prices in 1985. They in…
Matt Berry Mines has perked up recently, and this week saw moderate trading activity in the 25 to 43 range. Volume was 163,700 shares. A few weeks ago, this issue had been trading as low as 13 cent…
Crystal-ball gazing is a hazardous occupation, but once every winter, as we cross the threshold into a new year, we indulge our inclination to tell the universe just how we expect it will unfold. If t…
The U.S. investment banking firm of Drexel Burnham Lambert Inc. is to be the underwriter of a proposed $50 million(US) offering by Galactic Resources (TSE). The company’s wholly-owned subsidiary, Gala…
Two members of the Ariel mining group of Quebec, Mimiska Mining (ME) and Sphinx Mining (ME), have arranged for the issuance of 729,287 shares in a deal with CMP Resource Partnership and Co. Ltd. and C…
The following is taken from a recent presentation by Donald Worth, vice-president of the mining specialist group for the Canadian Imperial Bank of Commerce, at a seminar for brokers and market watcher…
Toronto-based Agnico-Eagle Mines (TSE) has increased its direct ownership in Dumagami Mines Ltd. (TSE) to 42% by acquiring an additional 16% stake in the company from Mentor Exploration and Developmen…
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