Troubled times do funny things to precious metals prices and major currencies. The price of gold, hovering in the $440-$450(US) range only a few weeks ago, crept up to the $470-$480 level this week be…
Lac Minerals has filed a final short form prospectus with the Ontario Securities Commission and regulatory authorities across Canada, in respect of an offering to the public of common shares. The offe…
Island Canyon Mines has changed its name to Access Technology Inc. (AEI:VSE) on a share-for-share basis.
The town of Sherridon, Man., will get a major boost this year when Pioneer Metals Corp’s Puffy Lake mine, 20 km south of the town goes into production in December. Construction of the mine is well und…
Platinum values have been assayed by Prophet Resources from the company’s Brady property near Sudbury, Ont. Located in Parkin Twp., the property has been the site of surface stripping and channel samp…
A geological reserve of 100,000 tons grading 0.25 oz gold per ton has been calculated for Newfields Minerals’ Teck-Hughes property. Located near Kirkland Lake, Ont., the Teck-Hughes property is believ…
The Australian Nugget gold bullion coin achieved worldwide sales of 246,038 oz comprising 570,416 coins less than three months after it went on sale this year. The sales were almost double the origina…
Radcliffe Resources says exploration is progressing on the company’s Bam gold prospect, in northwestern B.C. Radcliffe’s property is located approximately 100 miles north of Stewart, B.C. and is appro…
Kerr Addison Mines has reported that high mineral exploration and interest costs contributed to a small loss from operations during the first half of 1987. The company reported net income of $17.3 mil…
The Northern Miner has received a number of enquiries recently concerning the corporate restructuring of Black Hawk Mining. They wanted to know who are the principles behind this restructuring and wha…
Drill testing at Algo Resources’ Adams Lake plateau gold and silver prospect is expected to resume immediately. President Errol Hemingson said that under the phase 2 program, his company plans 4,000 f…
While growing tensions in the Persian Gulf propelled gold prices to $467(US) per oz, it was platinum which had investors racing to buy up shares of two Alberta issues. Trading on a volume of 952,900, …
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