The decline continued on the ME, with the market portfolio down more than 61 points and the mining and minerals index off by more than 92 points for the week ended April 24. Daily trading volumes were…
Shares of Windy Mountain Explorations responded positively to confirmation of a large, low- grade copper discovery on the MacLeod Lake property north of Chibougamau, Que., jumping 50 cents to close at…
An after-tax profit of $3.5 million reported recently by Franco- Nevada Mining (TSE) was attributed by the company to a royalty held on American Barrick Resources’ (TSE) Goldstrike gold mine in Nevada…
Paul Girard has resigned as president and chief executive officer of Cheni Gold Mines (TSE), a Vancouver-based junior that owns and operates the profitable Lawyers gold mine in the Toodoggone district…
A group of 48 claims about 10 miles northwest of the recent Inco- Vior-Cambior gold discovery in Douay Twp. will be optioned to Goldbelt Mines (VSE) by Jascan Resources (TSE). Goldbelt has the option …
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr. 24 Apr. 23 Apr. 20 Apr. 19 Apr. 18 Copper 1583-1585 1578-1580 1580-…
Apr. 24 Apr. 23 Apr. 20 Apr. 19 Apr. 18 HIGH LOW Composite “300” 3340.96 3344.07 3355.62 3410.61 3476.42 4009.47 3340.96 Metals & Minerals 2851.87 2850.84 2898.23 2946.64 2971.48 3453.05 2850.84 Integ…
A joint venture between Westley Mines (TSE) and Corona (TSE) will revive exploration efforts on what Westley has described as “the company’s most exciting project.” Corona is earning a 70% interest in…
With a grassroots exploration budget of nearly $7 million this year, the mining division of BP Canada (TSE) is emphasizing its most promising base metal and gold properties in Newfoundland and British…
Pershing Gold, which has an interest in a gold-silver property in Nevada and which trades over-the- counter in the U.S., reported total assets of US$1.9 million for 1989, down slightly from the previo…
In its recently released 1989 annual report, Amax Gold (NYSE) stressed that quality will be the driving force behind the future growth of the company. The company notes that it plans to grow through e…
Options Open Series Volume Last Interest May 380 C 83 5.00 1,443 May 390 C 201 2.90 1,027 May 400 C 250 1.40 2,105 May 410 C 227 0.50 2,094 Aug 380 C 61 17.00 149 Aug 390 C 104 13.00 529 Aug 410 C 130…
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