1987

In something of a coup, a little known junior Canadian mining company, Monte Carlo Gold Mines, has obtained the exclusive mining concession to this beautiful Dutch island in the Caribbean Sea just 15 …

The first two holes of the 1987 exploration season on the Tundra property have confirmed the continuation of gold-bearing zones both at depth and along strike, partners Noranda Inc. and Getty Resource…

Exploration of the Bellavista, Costa Rica, gold property in the Caribbean, a joint-venture project, has revealed to date reserves of 4.1 million tons grading 0.12 oz per ton. The joint-venture compani…

Giant had earnings of $3.8 million, or 89 cents a share in 1986, compared with income of $5.7 million or $1.32 a share, in the previous year. The company says the decreased earnings last year reflect …

Resource companies continue to be among the active leaders on the Montreal Exchange, where two of the mining stocks traded more than a million shares each during the past week. One of the firms, Essor…

Four miners, employees of Inco Ltd., have been killed underground at the company’s Levack nickel mine near Sudbury, Ont. Termed a “freak accident” by officals of the United Steel Workers of America, t…

The 44th annual meeting and convention of the Canadian Diamond Drilling Association (cdda) will take place April 29, 30 and May 1 at the Fantasyland Hotel in Edmonton, Alta. A varied agenda covering n…

Fewer than two years from its inception, MFC Mining Finance Corp has emerged as a profitable mining finance house, with interests in two operating gold mines. For the year ended Dec 31, mfc generated …

Most gold issues on the major exchanges entered a modest correction phase today, as gold bullion gave up $8 to $442(US). However, the correction for some companies amounted to nothing more than sidewa…

With annual meeting time once again rolling around, our editorial staff will be called upon to attend several hundred. All too many, we fear, will prove routine and boring, with little more than a han…

Week’s High Low Close Change COPPER (in US cents per lb.) April — — 62.55 + 0.35 May 62.85 62.55 62.60 + 0.30 July 62.80 62.50…

This is one heck of a bull market. Rising gold and silver prices have propelled many stocks into orbit but the gravitational pull of higher interest rates has started to drag stocks down. Profit takin…