What little market enthusiasm developed over news from the United States that the red hot economy appears to be cooling, generated almost no response from the metals sectors. In fact, any sign that in…
Radisson Mining Resources (ME) says it will take a large bulk sample from a former gold producer called the Duquesne property as the next step in a major underground program. Results from a 23,000-ft …
A net loss of $409,000 (3 cents per share) was reported by Louvem Mines (TSE) for the first half of 1988, compared to a net gain of $527,000 (4 cents per share) for the same 6-month period in 1987. Lo…
Week’s Price (US) Change Gold (per oz) $427.00 + $ 0.65 Silver (per oz) $ 6.51 + $ 0.05 Platinum (per oz) $526.00 $ — Copper (per lb) $ 1.07 $ — Lead (per lb) $ 0.28 …
The Pamour group of companies has a new chief executive officer. An Australian, Adrian Fleming, will move over from his position as executive director exploration of parent firm Giant Resources to ass…
Higher copper prices and lower unit costs led to significantly improved first half results for Gibraltar Mines (TSE), a Placer Dome (TSE) subsidiary, which operates an open pit copper mine near Willia…
A $2-million debt owed by Duration Mines (TSE) and partner Locator Explorations (VSE) to mining contractor Redpath Ltd., has placed the ownership of the Theresa gold property in jeopardy. The companie…
Spirit Lake Explorations (ME) has completed flow-through financing totalling $1.2 million with NIM Resources at a price of $3.93 per share, subject to shareholders approval. These funds will be spent …
After being taken over by a subsidiary of Swiss calcium producer Pleuss-Staufer AG, Toronto-based Steep Rock Resources (TSE) is scheduled to be delisted. MAS Minerals recently purchased over 90% of St…
Work should begin in January, at the latest, on a new dedicated underground thermal coal mine in Stellarton, N.S. The mine has been in the plans of Westray Coal Inc., 50%- owned by Giant Yellowknife M…
News that a new gold mine in Quebec’s Casa Berardi region is being opened by Inco Gold and Golden Knight Resources is exciting enough, but now the two companies report a couple of significant intersec…
Second-quarter financial results for Pioneer Metals (TSE) remained much the same as comparable 1987 figures. Net income for the period was $870,000 compared with $770,000 for the period ended June 30,…
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