A bout of sloppy trading was evident on the exchange this week as gold prices steadied at $458(US) per oz after repeated stabs through the $460 level. The directionless trading and minor profit takin…
Conwest Exploration recently entered into a “bought deal” underwriting agreement with McLeod Young Weir, Merrill Lynch Canada and Dominion Securities. Under the agreement, the underwriters will purcha…
Is the rise in precious metal prices having a positive effect on base metals? Copper, which sold for an average price in 1986 of 62 cents (US) per lb, is currently over the 70 cents mark; lead, with …
Could you please furnish me with an update on Kennedy Resources Inc. They did not renew their listing a few years back and were associated with Consolidated Cinola Mines, before they changed to City R…
Belleterre Quebec Mines and Boston Bay Mines were both better this week, up to 60-65 cents and $3.50-$4 respectively. Belleterre owns 40% of Boston Bay which owns the property where TSE-listed Madele…
Share prices of Toronto-listed Goldpost Resources jumped from $1.60 to a new high of $2.75 last week, one week before the company’s Class B warrants become due. Asked for an explanation at the company…
There is a possibility of a dispute in the Canadian postal service within the next few weeks, which would disrupt mail service. Should this happen, subscribers in Toronto, Montreal and Vancouver may o…
Outland Resources says it has optioned three large properties in the Labrador Trough area of Quebec where recent sampling by Quebec government geologists have discovered high values in platinum group …
Underground exploration is expected to start shortly on the Snow Lake gold property, following the completion of an agreement between Nor-Acme Gold Mines and High River Resources. The latter company h…
A 40% interest in Hudson Bay Mining and Smelting’s high-grade Namew Lake nickel deposit has been purchased for $5.2 million by Outokumpu Mines. Located in Manitoba, the Namew Lake deposit hosts reserv…
More work is planned this year on Taywin Resources’ Electrum property on Vancouver Island. According to J. Donald Graham, president, the program will include metallurgical testing of ore grade drill …
What is possibly the world’s first all-electric operation for a hardrock mine, Inco Ltd.’s Crean Hill nickel-copper mine at Sudbury, Ont., has shipped its first train load of ore to mark the beginning…
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