An eight-day rally has added another 95 pts to the tse composite index which moved past the 3,300-pt mark to 3,334.09 pts today. Just two months ago, the market had built a solid base at 3,000 pts whi…
A new issue, Transgold Resources chalked up the best gains this week, trading to a high of $1.05 before slipping back to 95 cents -$1. Volume was 272,000 shares for the week. The company, which came o…
Falconbridge Inc. has drilled several more mineralized intersections on the Lac Rouleau property, held under option by Beaufield Resources. The Lac Rouleau property is located in northern Quebec. The …
With production from the underground section of its 70%-owned Mobrun polymetallic mine well underway, Audrey Resources has completed its second quarter as an operating mining company. Production at th…
Net income of $3.3 million (24 cents per share) was recorded by Minnova Inc. of Toronto in 1987 compared with $4.65 million (35 cents per share) the year before. The company says metal production and…
An option has been acquired by Tanqueray Resources giving the company the right to earn a 10% interest in the Valley gold mine property. The project is located near Republic, Wash. Tanqueray can earn …
A positive feasibility study has been received by Neptune Resources for the company’s Colomac gold deposit in the Northwest Territories. The study, completed by Wright Engineers, says the Colomac coul…
Higher gold prices combined with production from Galactic Resources’ Summitville mine in Colorado brought the Vancouver company’s balance sheet back into the black. Galactic reported 1987 net income o…
In the article entitled “In the light of Pac-Corona suit plan your site visit carefully,” appearing on page B1 of the March 7 edition, there was attributed to me a comment to the effect that “if you r…
Two halt trading orders within 10 days have done nothing to stymie demand for the Argus Resources issue. While the share price dropped 51 cents to close at 88 cents , a gargantuan 1,773,800 shares ch…
Once again, the Prospectors and Developers Association of Canada has organized and executed a successful annual convention. With more than 4,000 delegates registering — the most at any of the associa…
Partners Muscocho Explorations and Flanagan McAdam Resources have agreed to purchase Westfield Minerals’ 50% interest in a large property in the Mishibishu Lake area west of Wawa, Ont. The property is…
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