Glimmer mine shuts down
Partners Exall Resources (EXL-T) and Glimmer Resources (GME-V) have suspended production at their Glimmer gold mine in northern Ontario.The pair hopes to resume production in the near future, and, tow…
Partners Exall Resources (EXL-T) and Glimmer Resources (GME-V) have suspended production at their Glimmer gold mine in northern Ontario.The pair hopes to resume production in the near future, and, tow…
Dragged down again by a troubled industrial sector, the Toronto Stock Exchange 300 index sank 251.43 points over the Nov. 15-21 report period to end the week at 9,013.86.Fairing a good deal better wer…
An out-of-court settlement between Exall Resources (EXL-T) and Glimmer Resources (GME-V) has resolved the ownership battle for the Glimmer gold mine, east of Matheson, Ont.Exall will retain a 52% owne…
Partners Exall Resources (EXL-T) and Glimmer Resources (GME-V) are resolving a 3-year-old dispute over the Glimmer gold mine in northern Ontario.The two have signed a heads-of-agreement, details of wh…
Toronto-based Exall Resources (EXL-T) lost $716,431 (or 2 cents per share) in the three months ended Sept. 30, compared with earnings of $801,031 in the third quarter of 1998. Revenue between the peri…
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Junior Exall Resources (EXL-T) has cancelled its custom-milling contract with St Andrew Goldfields (SAS-T) in favour of the Macassa mill of Kinross Gold (K-T).Exall operates and owns a major…
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On the heels of reactivating its Hislop gold project in northern Ontario, St Andrew Goldfields (SAS-T) has reported another quarterly loss.The junior lost $365,277 in the 3-month period ended June 30,…
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Lower production and the depressed price of gold contributed to a second-quarter loss for Exall Resources (EXL-T).For the three months ended June 30, the junior miner lost $678,159 (or 2 cents per sha…
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