News

Analysts see flat year for gold, silver

It wasn’t exactly a stellar year in 1990 for the precious metals’ industry and if analysts are correct, 1991 isn’t going to be much better. At least not for gold and silver. Last year, high interest r…



TSE 300 to list Bema Gold, drop Canamax and Belmoral

Having recently completed an annual review of trading activity on the composite 300 index, The Toronto Stock Exchange is dropping six mining issues from the index and adding one. To disappear from the…


600 gather as Hall of Fame inducts 9 mining legends

The Canadian Mining Hall of Fame awards ceremony, the industry’s annual tribute to its most distinguished citizens, just keeps on getting bigger. At the recent third annual dinner function at Toronto’…


Valuation methods to be outlined at CIM symposium

Valuation of mineral deposits and companies will be the subject of the Canadian Insitute of Mining, Metallurgy and Petroleum’s sixth mineral economics symposium Jan. 17 at Toronto’s Sheraton Centre. S…



COATS (over-the-counter) OSC sheds COATS

The market is in such bad shape that it doesn’t matter who’s running it, remarked one over-the- counter broker when asked to comment on the TSE’s recent decision to take over COATS. It remains to be s…




Montreal Exchange TVX given boost

Trading during the first days of the new year was off to an inauspicious start, with the general market portfolio index slipping by more than 21 points for the week ended Jan. 8. The mining and minera…


Financing near for Castle Mt.

Financing for the construction of the Castle Mountain heap leach gold mine in San Bernardino Cty., Calif., is near at hand for Viceroy Resources (TSE). The company secured a credit facility with N.M. …


Prepare or Beware: The Environmental Audit

n this year of our Lord one thousand nine hundred and ninety-one, 1984 may have truly arrived. Big Brother administers to the resources industry through environmental legislation and bureaucracy. In m…


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