Alberta Stock Exchange Correction sets in
Most gold issues on the major exchanges entered a modest correction phase today, as gold bullion gave up $8 to $442(US). However, the correction for some companies amounted to nothing more than sidewa…
Most gold issues on the major exchanges entered a modest correction phase today, as gold bullion gave up $8 to $442(US). However, the correction for some companies amounted to nothing more than sidewa…
Week’s High Low Close Change COPPER (in US cents per lb.) April — — 62.55 + 0.35 May 62.85 62.55 62.60 + 0.30 July 62.80 62.50…
This is one heck of a bull market. Rising gold and silver prices have propelled many stocks into orbit but the gravitational pull of higher interest rates has started to drag stocks down. Profit takin…
Theme of the 38th annual technical meeting of the Petroleum Society of sim (Canadian Institute of Mining and Metallurgy), planned for June 7-10 at Calgary, Alta., is “Innovation and Optimization — Ev…
Some encouraging drill results have been reported from Balcor Resources’ Lasthope property, 15 miles southeast of Lynn Lake, Man. The latest results included 8.5 ft of 0.307 oz gold per ton and 9.3 ft…
There could be both good news and bad news in a new federal initiative to strengthen the links between this country and the People’s Republic of China, in the mining sector. Minister of State for Mi…
Two Toronto-based mining companies, Muscocho Explorations and Flanagan McAdam Resources, have entered into an agreement with Greenstone Resources whereby they may jointly acquire up to a 50% interest …
A section of zinc rich mineralization has been encountered at Colony Pacific Explorations’ Blue Moon property in California. Westmin Resources has already spent $2.7 million(US) on the property and mo…
Exploration of the Bellavista, Costa Rica, gold property in the Caribbean, a joint-venture project, has revealed to date reserves of 4.1 million tons grading 0.12 oz per ton. The joint-venture compani…
Giant had earnings of $3.8 million, or 89 cents a share in 1986, compared with income of $5.7 million or $1.32 a share, in the previous year. The company says the decreased earnings last year reflect …
With annual meeting time once again rolling around, our editorial staff will be called upon to attend several hundred. All too many, we fear, will prove routine and boring, with little more than a han…
Gold mining in Canada was never, ever like this — on a beautiful island with nearby clean white sand beaches stretching for miles and washed by warm, crystal clear aqua-blue water. About 20 miles lon…
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