News

Northfield Minerals (ASE) and its 37% owned affiliate Rockford Minerals (TSE) are preparing to take another look at their Larder Lake, Ont., gold project now that they are about to become the property…

The Oracle Ridge copper-silver project near Tucson, Ariz., is slated to become the first producer for Vancouver- based South Atlantic Ventures (VSE). Before making its positive production decision, th…

We write to express, in some small degree, our collective anger, frustration and dismay at the appalling manner in which the mining assets of Westfield were recently appropriated by Northgate in a dea…

A third-quarter net loss of $16 million (41 cents share) was reported by Belmoral Mines (TSE) on revenue of $3.5 million, the loss including a writedown of $15.7 million. For the same three months in …

Seasonal strength in energy and agricultural prices in October offset declining metals and forest products, resulting in a slight increase in its all-commodity price index, Scotiabank reports. The all…

Light-to-moderate, mixed trading featuring a 41.5-point tumble in the mining and minerals index marked share activity for the week ended Dec 5. The market portfolio finished ahead almost 15 points on …

A third-quarter loss reported recently by Agnico-Eagle Mines (TSE) was due largely to subdued gold and silver prices, the company said. Net losses for the three months ended Sept 30 were $114,000 or 1…

In June, 1988, I bought 2,000 shares of Western D’Eldona Resources, and I would like to obtain some information on the current status of this company. N.P., Halifax, N.S. The company in which you hold…

The recent pullback in gold prices to just above $400 has not helped the Vancouver market index, shedding 25 points over the week to the 695 level at noon today, Dec 6. Market sentiment seems to see t…

The proposed purchase of substantially all the assets of Asamera Minerals (TSE) by Corona Corp. (TSE) in exchange for 10 million shares of Corona appears to have left minority shareholders out in the …

The proposed underground exploration program at the Blue Moon project owned 100% by Colony Pacific Explorations (TSE) was recently approved by all the required government agencies. The wait for enviro…

Third-quarter results of Giant Yellowknife Mines (TSE) indicate the gold producer is back on track after a period of fairly high production costs. Coincidentally, the company has been put up for sale …