News

Investment Comment Falconbridge among lasting values

As the world’s stock markets continue to suffer the aftershocks of the infamous Black Monday, a number of major brokerage houses have published glossy booklets advising investors to keep on buying. “D…



Golden Rule gets interest in La Ronge gold prospect

Golden Rule Resources has a 30% interest in a major new gold discovery located on two contiguous joint venture properties in the La Ronge area of Saskatchewan. During the last month, an initial 5,000-…


No red ink likely on ’87 balance sheet of Eldorado

Saskatchewan uranium producer Eldorado Nuclear could break even for the full year, in sharp contrast with a net loss last year of $64.4 million. For the nine months ended September 30, the company, 10…


Esso results encouraging at Shasta gold prospect

Joint venture partners Esso Minerals Canada and International Shasta Resources report encouraging results from Esso’s l987 exploration work at the Toodoggone gold-silver prospect in northern British C…


Teck and San Paulo to jointventure at Leitch mine

Alberta-listed San Paulo Explorations has announced a $1 million financing through a private placement of 550,000 common shares at approximately $1.82 per share. “These funds will be used for general …



Financing for Glen Auden

Glen Auden Resources has reached agreement for a $250,000 flow- through financing which will enable the company to carry out an expanded drilling program on its Detour, La Peltrie properties in Ontari…




Red Dog under way

Construction of the 87-km road from Cominco’s Red Dog mine site in Alaska to the mine’s port site on the Chukchi Sea has started. The road is expected to be open in February. Once open, equipment can …


Brunswick scratches profit from extraordinary gain

Earnings from operations at Brunswick Mining and Smelting Corp.’s large zinc-lead operation near Bathurst, N.B., failed to materialize during the third quarter ended Sept. 30. For the period, the mine…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close