MRI finalizes rights offering
The terms of the rights offering of Mineral Resources International (MRI) to the holders of its common shares has been finalized. Under the terms of the rights offering fixed by the board of directors…
The terms of the rights offering of Mineral Resources International (MRI) to the holders of its common shares has been finalized. Under the terms of the rights offering fixed by the board of directors…
The Vancouver market hasn’t been quite as volatile as New York and Toronto but it’s been climbing steadily and is now within 18 points of its all-time high. Lower interest rates, stable gold prices, a…
A major 50,000-ft diamond drilling program is adding tonnage to known reserves on the Larder Lake, Ont., property held by partners Eldor Resources, Kerr Addison Mines, Northfield Minerals and Northern…
The Speech from the Throne delivered in Ontario’s legislature last year announced the creation of a Premier’s Council charged with a mandate to “steer Ontario into the forefront of economic leadership…
Unable to withstand the unrelenting pressure of weak fertilizer prices, the bottom line of Sherritt Gordon Mines has caved in with a loss, before unusual item, of $3.2 million for the year ending Dec …
Some detailed information has been made available to the public about Skyline Exploration’s Reg property in northwestern B.C. At this stage, management is confident the property could support a 200-to…
A bill to amend Ontario’s Mining Tax Act was expected to become law at presstime. The bill would eliminate the current graduated tax of up to 30%, which is imposed on mining profits, and replace it wi…
Moments after an upbeat, 10-minute video extolling the virtues of Internatonal Corona Resources ended, Vice-chairman Murray Pezim stormed out of the annual meeting vowing to regain control of the comp…
The most glamorous gold mining company in North America, Hemlo Gold Mines, left the COATS system for the Toronto Stock Exchange. The issue closed out at $21.50-$21.75. News of strong assay values help…
Investors attracted to stocks with speculative appeal might want to consider Toronto-listed Denison Mines. The company has just come out of perhaps one of its toughest years yet with a profit of $44.6…
What’s the latest that you’ve heard on Del Norte Chrome Corp? K.D. Toronto, Ont. The latest word from Del Norte Chrome Corp. is that a $120,000, 3,000-ft winter drill program has started on its 2,300-…
After the hair-curling pace of trading in the first six weeks of the year when prices and volume were pushed to record highs, the market took a breather this week as investors paused for some profit t…
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