Societe Miniere Louvem (TSE) and parent company St. Genevieve Resources (TSE) have applied to a Quebec court for a provisional injunction to halt surface exploration at the Louvicourt Twp. massive sul…
Exceptional widths are being encountered at the Francoeur gold mine, owned equally by Rouyn Mining Resources (TSE) and LAC Minerals (TSE). Situated near Rouyn, Que., the Francoeur mine entered product…
Economists have been warning that a recession is just around the corner for at least the past several years. This year, with increasing evidence that the economy is indeed slowing down, the talk is be…
Central Crude (TSE), which is moving ever closer to the Hemlo Gold Mines (TSE)-Noranda (TSE) fold, is also becoming much more active in the exploration field, with Noranda as operator. Central Crude n…
Investors lost ground in active trading for the week ended Jan. 16, with the market portfolio tumbling more than 38 points and the mining and minerals index declining more than 19 points. Daily volume…
Aurogin Resources (VSE) has granted an option to Freewest Resources (ME) and Maple Creek Mines, a private company. It gives the latter two companies the right to earn a 50% interest in a base metals p…
ALUMINUM: MW U.S. Market US72.00 cents – 73.00 cents per lb. (Jan 11, 1990). ANTIMONY: New York dealer US81 cents -84 cents per lb. (Nov 30, 1989). BISMUTH: New York dealer $4.40-$4.50(US) per lb. (D…
Flotation concentrates taken from a bulk sample on Naxos Resources’ (ASE) Shumway Lake gold property in British Columbia have assayed as high as 0.027 oz. gold per ton and 13.07 oz. silver. Naxos says…
Jittery traders ruled the floor of the TSE today, Jan. 17, as the composite index slid 27.71 points to close at 3,872.27 points. The nervousness stems from mounting concerns as to the direction of the…
Week’s Price (US) Change Gold* $410.60 +$ 4.75 Silver* $ 5.23 –$ 0.04 Platinum* $496.25 +$ 2.50 Nickel** $ 3.27 –$ 0.22 Lead** $ 0.32 –$ 0.02 …
One of the problems of corporate-sponsored research and development has always been doubts about sponsors’ ability to reap the benefits of their investment. It’s difficult to expect corporations to ki…
Perhaps the mysterious trading activity on the preferred shares of Westar Mining (TSE) can be explained by the company’s recent announcement of a debt restructuring. The restructuring does not, howeve…
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