News

Barrick’s Goldstrike mine Crown jewel in company

Not quite two years ago the Goldstrike Mine was a relatively small heap leach producer and a moderately successful one at that. But this was before Toronto-based American Barrick Resources (TSE) got i…


Interquest sees end to financing dispute

A dispute between Interquest Resources Corp. (TSE) and Trader Resource Corp. (TSE), now before the courts, could be settled before the end of September says Interquest Chairman William Koyle. The disp…




Imperial finds diversification a mixed blessing

Like a good many companies with a broadly diversified asset base, Imperial Metals (TSE) has found that diversity is indeed a two edged sword. President Pierre Lebel told shareholders during the recent…


Editorial Research teamwork

Canada’s idea generators (our universities) are actively lobbying Canada’s cash generators (our industries) in search of the financial support needed to translate academic abstractions into practical …



For Sale sign not up at Westmin

The “For Sale” sign is not out at Westmin Resources (TSE) according to a senior executive with the company. But R.H. Ostrosser, executive vice president at Westmin, told The Northern Miner that Norand…


Atlanta Gold Drilling Increases Reserves

The 1988 drilling program has significantly increased proven reserves on the Atlanta project in Idaho, says Atlanta Gold Corp. (VSE), which is curmine. The company can acquire 100% control (subject to…


Investment Comment QPX has Placer Dome’s backing

Finding a listed company that offers a combination of potential for capital gains associated with penny mining stocks and blue-chip credibility isn’t easy. Some might say it’s impossible. Other invest…


Nerco Minerals sticking with precious

Speculation that Nerco Minerals wants to get out of the precious metals business has been denied flatly by the company. A few weeks ago Nerco said it was considering the sale of interests in certain p…



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