News

For the first time since mid-August, evidence that the Soviet Union is harboring much less gold than western analysts had been estimating has pushed the precious metal above US$360 per oz. Analysts ag…

Great Lakes Minerals (TSE) said it intends to make a rights offering for its Ontario shareholders, who would receive one right for each common share owned. Five rights plus a subscription price (yet t…

The recent U.S. court of appeals’ decision to throw out an Environmental Protection Agency (EPA) ban on asbestos is good news for the asbestos mining industry in Quebec and British Columbia, but it’s …

BGR Central Net Value $8.56 $5.01 Price $7.63 $4.450 Discount 10.97% 11.2% Value $50,989,185 $74,868,135…

Matachewan Consolidated Mines (TSE) is looking forward to its day in court after the Ontario Ministry of the Environment laid criminal charges against the junior company and two of its officers. Crimi…

Driven by an astute hedging program and lower operating costs at six gold mines, American Barrick Resources (TSE) reported record earnings in both the third quarter and nine months ended Sept. 30. Thi…

Edmonton-based Integrated Resources has sold its producing Barrington River placer claims in northern British Columbia for $800,000 and a 1.3-million-share stake in the new owner, a private company ca…

International Corona Corporation – 300,000 class A Subordinate voting shs offered @ $8.25 per sh. Garde, Mining Exploration Company Inc. – 860,000 units consisting of 1 class A sh and 1 wt offered @ 4…

Results from Fort Knox Gold Resources (TSE) claims in the Shining Tree area of northeastern Ontario have boosted the company’s stock and ignited further staking in the area. Following up a narrow nick…

The Cord Ranch property owned by Crown Resources (VSE) is one of the few sites of exploration activity by a junior company within the Carlin Trend. The property is about 20 miles south-southeast of Ca…

Gold lost none of its new-found glitter during the week ended Oct. 22, as analysts continued to assess the impact of new revelations about Soviet reserves on future supply. A feasibility study release…

Nickel producer Inco (TSE) says it has completed 85% of the work required to meet Ontario government regulations for reduced sulphur dioxide emissions at its Sudbury, Ont., facilities. Inco’s “sulphur…