A new, large gold producer came into being recently when shareholders of Consolidated TVX Mining voted overwhelmingly in Toronto to merge their company’s operations with those of Inco Gold to create T…
Week’s Price (US) Change Gold* $390.70 — $1.80 Silver* $4.09 — $0.07 Platinum* $414.25 — $2.00 Nickel** $3.95 + $0.17 Lead** $0.27 — $0.01 Copper- $1.16 — $0.03 Zinc $0.57 Courtesy of Scotiabank….
It wasn’t exactly a stellar year in 1990 for the precious metals’ industry and if analysts are correct, 1991 isn’t going to be much better. At least not for gold and silver. Last year, high interest r…
A porphyry gold prospect in southern California has been acquired by Golconda Resources which rose 16 cents to close at 28 cents on volume of 82,000 shares. Golconda said widespread gold mineralizatio…
An agreement-in-principle has been reached between Sutton Resources (VSE) and the owner of Romanex International for the acquisition of the latter company. If completed, the deal will result in Sutton…
The Vancouver market indices remained relatively quiet during the report period ended Jan. 8, with little news to help spur activity. The composite index remained virtually unchanged at the 627-level …
A property dispute is heating up between Card Lake Resources (COATS) and Teddy Bear Valley Mines (COATS) over five patented claims situated east of the Lightning gold zone in northeastern Ontario. The…
Having recently completed an annual review of trading activity on the composite 300 index, The Toronto Stock Exchange is dropping six mining issues from the index and adding one. To disappear from the…
A program of prospecting, soil sampling and diamond drilling of five holes has been completed by 50/50 partners Springer Resources (VSE) and Noranda (TSE) on their Glenwood project in Newfoundland. Th…
The Canadian Mining Hall of Fame awards ceremony, the industry’s annual tribute to its most distinguished citizens, just keeps on getting bigger. At the recent third annual dinner function at Toronto’…
Nobody likes to be taxed, and additional taxation is impossible to justify as long as government spending remains out of control. Nevertheless, the public outcry that arose when Ottawa’s new goods and…
Exploration activity in Canada last year fell markedly from the 1989 level, which was about 70% or so down from the record 1987 and 1988 levels. Taxation changes have greatly affected the ability of t…
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