The Australian Taxation office has released a draft ruling that would severely limit the tax deductions available to mineral exploration companies. The ruling, which has been circulated to the industr…
The class A shares of Carolin Mines were active this week gaining 2 cents on a volume of 134,000 shares. The company owns the old Landner Creek gold mine near Hope, B.C. and another gold property curr…
The federal government has proposed a broadly based consumption tax that will apply at the rate of 9% to the Canadian consumption of most goods and services commencing Jan 1, 1991. This Goods and Serv…
The next underground gold mines to start pouring the yellow metal along the Kirkland Lake Break in northeastern Ontario very well may be two former producers: the Upper Canada and the Upper Beaver min…
A 20,000-ft drill program has been completed by Moneta Porcupine Mines (TSE) and Nahanni Mines (TSE) on their Michaud Twp., Ont., claims 65 miles east of Timmins. The program has confirmed the presenc…
The takeover of Falconbridge Ltd. (TSE) by Noranda Inc. (TSE) and Trelleborg AB of Sweden may have moved Bill James out of the president’s office but not away from the company completely. The outspoke…
Joint venture partners Scintilore Explorations (TSE) and Trio Gold (ASE) have acquired more claims adjacent to their Rodeo Creek property on Nevada’s Carlin gold trend. The partners have jointly acqui…
Canada’s hardrock mineral wealth has been both blessing and curse. Blessing, because it nurtured and sustained this country through childhood and early adolescence. Curse, because our resource riches …
Testing of 10,856 tons of stockpiled material from the Chester Twp. gold project southwest of Timmins, Ont., confirmed the material is amenable to gold recovery by gravity flotation methods, Murgold R…
An affiliate of Nerco Inc. (NYSE) has completed four reverse circulation holes on the War Eagle Mountain gold-silver property within the Owyhee trend of southwestern Idaho. War Eagle Mining (VSE), whi…
After being left without a senior partner when Newmont Exploration suspended its Canadian operations earlier this year, Toronto-based Teddy Bear Valley Mines (COATS) and sister company Lightval Mines …
Semi-monthly report as of Sept. 15 showed 33,041,132 shares of 613 issues compared with 30,170,240 shares of 607 issues on Aug 31. Larger individual positions included: Agnico-Eagle — 65,900; Amer. B…
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