COATS (over-the-counter): Windy raises funds
Bull market sentiment evident on the major exchanges failed to lift the over-the-counter market out of the doldrums in the week ended Feb. 12. Total weekly volume remained in the 5-million range as in…
Bull market sentiment evident on the major exchanges failed to lift the over-the-counter market out of the doldrums in the week ended Feb. 12. Total weekly volume remained in the 5-million range as in…
Denison Mines (TSE) is attempting to persuade its lead bankers to reschedule payments on a US$209.4-million loan arranged to finance development of the company’s potash mine in New Brunswick. After fa…
Problems with the installation of the ball mill are continuing to delay startup at the Oracle Ridge project near Tucson, Ariz. Oracle Ridge is a partnership between South Atlantic Ventures (VSE) with …
A group of Westfield Minerals (TSE) minority shareholders are examining their options now that the Ontario Securities Commission (OSC) has elected not to conduct a hearing into the 1989 sale of Westfi…
Earnings of US$111 million, or US$2.38 per share, were reported by Cyprus Minerals (NYSE) on revenues of US$1.9 billion for 1990. This compares with 1989 restated earnings of US$164.9 million on reven…
A new gold discovery by Freewest Resources (TSE) on its 100% owned Benoit Twp. property in northern Quebec has buoyed the company’s stock and touched off a staking rush. Shares of Freewest rose to a h…
Partners Eurus Resource (VSE) and Thios Resources (VSE) have started a $1.5-million program to further evaluate polymetallic volcanogenic massive sulphide mineralization discovered on the Rock& Roll p…
You are entering an industry notable for the challenges that face it. You know that we have to produce commodities for sale on international commodity markets at price levels that largely reflect the …
Recently released by the Department of Mines and Mineral Resources, Directory of Active Mines in Arizona — 1991 lists 55 companies, 94 mines and 123 sand-gravel operations. Arizona, the leading nonfu…
David Crevier appointed chairman; Jean Rainville appointed president succeeding Karl Glackmeyer who remains a director.
Two prospectors and their agent are disputing the ownership of 13 claims staked by Gold Fields Mining last October. A hearing has been launched in Thunder Bay, Ont., to investigate the validity of Gol…
What’s with the price of gold today? The Berlin Wall tumbles, the Soviet Union tries to turn a new page, oil jumps to US$40 per barrel (for a brief period, anyway) and war breaks out in the Persian Gu…
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