Golds picked up steam this week thanks to that on-again off-again U.S. dollar. An advance of 336.44 pts pushed the gold and silver index back above the 9,000 level to 9,233.24. On commodity markets go…
Scotia Prime Resources, a new Halifax-based company that is entering the Nova Scotia gold play, has acquired several properties with gold potential in the Meguma Group of rocks. Among them are former …
Way back in late 1979, Toronto- listed Silverside Resources started working a high grade silver prospect in the famed Cobalt area of Ontario. Now eight years and about $5.5 million later, the company …
The shares of Vancouver-based Beaver Resources were posted for trading on the Toronto Stock Exchange under the stock symbol “bgi” effective April 27. The original listing is in the mining category for…
Skyline Explorations has incorporated a new subsidiary to hold its Inel claim group, situated near the company’s proposed mining operation in the Johny Mountain area north of Stewart, B.C. The subsidi…
Gibraltar Mines reports a loss of $1,184,000 or 10 cents per share on revenues of $14,975,000 for the first three months of 1987. This compares to a loss of $1,141,000 or 10 cents per share on revenu…
I’ve heard rumors that there is some drilling going on at the New Pascalis Mines property up near Val d’Or, Que. I’d understood that that property was just about out of the picture as far as any furth…
In what will certainly represent the largest mining merger in Canadian history, Placer Development, Domes Mines, and Campbell Red Lake Mines have agreed to form a new company which will have a market …
An extension has been secured by Granges Exploration to acquire 3.3 million shares of Ican Minerals on a share exchange basis. Citing “unavoidable delays encountered in acquiring drill hole samples fo…
The federal minister of state for forestry and mines gave few clues to his new mining policy in a speech to a luncheon gathering at the 89th annual meeting of the cim in Toronto. Gerald Merrithew is s…
The Ross Committee report on the future post-secondary education needs of Ontario’s mining industry has been released by the Ontario government. The report was initiated after close consultation with …
Spot closing prices in Pound Sterling per tonne Date May 5 May 4 May 1 April 30 April 29 Copper 885-887 N/A 882-883 890-891 906-907 Lead 408-410 N/A 3…
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