It may be regarded as the little brother among the family of Canadian stock exchanges, but in 1989 the Alberta Stock Exchange more than held its own in a competitive market environment. The volume of …
Amax Gold (TSE) hasn’t been actively soliciting offers for its 49.7% stake in Vancouver affiliate Canamax Resources (TSE), but Mark Lettes, treasurer of Colorado- based Amax, says if a good offer come…
Higher grades and concentrate recoveries are being reported for the Samatosum polymetal mine operated by Minnova (TSE) near Kamloops, B.C. Sized at 550 tons per day, the Samatosum mine started commerc…
The Ministry of Northern Development of Mines of Ontario is preparing a province-wide magnetic grid that will provide the base for a wide range of improved aeromagnetic data for use by mineral explora…
An option to acquire a 50% interest in 18 claims in Courville Twp. in northwestern Quebec has been acquired by Lixor (ME) from Ressources Orleans (ME). The option sold to Lixor was initially granted…
Can you tell me what is happening with Gordex Minerals? I notice the shares have not traded since last summer and there has been no news from the company either. R.G., Montreal, Que. Financial proble…
Selling Canadian metals in Europe does not sound too enthralling but the personalities you meet and the meals and conversation are sometimes unforgettable. Several times a year, at about 6- to 8-week …
An amalgamation agreement has been signed between Moss Resources (ME) and Power Explorations (TSE) to form Moss-Power Resources (TSE). Under the terms of the agreement, which requires shareholder appr…
At a time when many other base metal producers are paring back production or closing operations outright, Bunker Hill Mining (TSE) is continuing efforts to increase throughput. Production at the compa…
The Ontario government recently announced it has reached an agreement with the Bear Island Indian Band clearing the way for mineral exploration of 1,100 sq. km of land that has been frozen to explorat…
1989 Jan. 30Jan. 29Jan. 26Jan. 25Jan. 24HIGH LOW Composite “300”3707.003722.523733.723749.353761.464009.473707.00 Metals & Minerals3048.703056.643064.413071.853068.443453.053048.70 Integrated mines…
Volatile financial markets had a negative impact on the Montreal Exchange during the week ended Jan. 30. The price of gold advanced at the beginning of the report period, then backed off. Both the mar…
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