Financially bruised by an unsuccessful takeover battle, New York- based Newmont Mining has promised to take more steps this year to reduce its heavy debt load. One of North America’s largest gold prod…
Gold production from the Jolu project is expected to begin within three months, partners Mahogany Minerals Resources (VSE) and Corona Corp. (TSE) say. Located north of La Ronge, Sask., the mine will b…
I was much interested in T. P. Mohide’s article on Charlie Engelhard who was two years my junior at our New England boarding school. A classmate told me of an incident aboard one of the ocean liners o…
Canadians sometimes like to point their collective finger at the United States when it comes to placing blame for air pollution, particularly air pollution that causes acid rain. Yes, Inco and Noranda…
After uncovering high grade silver during their recent Phase I exploration program, 50/50 joint venture partners Schellex Gold (VSE) and Harrisburg- Dayton Resource Corp. (VSE) say a 4000-ft diamond d…
The VSE market churned its way on very low volume through yet another quiet week. The most noteworthy event was the VSE Index dropping below the psychological 1000 mark, but this wasn’t enough to get …
Drilling is under way at the Apolinario gold property in Chile, Lac Minerals (TSE) reports. The major gold producer has an 85% interest in the property which is located on a mountainside 16,000 ft abo…
ALUMINUM: MW U.S. Market $1.24-$1.28 per lb. (Aug 11, 1988). ANTIMONY: New York dealer $0.99-$1.05 per lb. (July 21, 1988). BISMUTH: New York dealer $5.90-$6.05 per lb. (Aug 4, 1988). CADMIUM: New Yor…
Toronto-based Northgate Exploration (TSE) has completed a transaction to acquire all of the shares of ABM Mining Group, a Vancouver holding company. The transaction gives Northgate 45% of the equity a…
Preliminary assay results from Octan Resources’ Bonanza silver property in the Northwest Territories, made the Calgary company the one to watch during trading this week. With 90,000 shares changing ha…
ONTARIO Fiedmont — final rec iss offer 1,500,000 @ $1.32 per sh. Released From Escrow Cambior — 1,644,887 shs released. Moli — 2,000 shs released. VANCOUVER Pine Channel Gold — 600,000 sold for gr…
Toronto-based Belore Mines (ASE) has agreed to earn a 50% interest in United Reef Petroleums’ (TSE) Meat Cove deposit, the company said recently. Located on Northern Cape Breton Island, N.S., the zinc…
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