News


Alberta Stock Exchange Gold stocks fade

During the report period ended March 19, the price of gold bullion remained in the doldrums at around US$364 per oz., causing several speculative mining stocks to drift lower amid lacklustre trading. …


China plans new copper smelter

A new 100,000-tonne-per-year copper smelter, to cost US$150-200 million, is being planned for China by CNNC Shanghai Smelter, the Cable and Wire Group of Shanghai, and Philipp and Lion, the publicatio…




Placer plans for base metals

Since taking over the helm of Placer Dome (TSE) in 1988, Anthony (Tony) Petrina has overseen a flurry of mine-making that has enabled the international company to reach a gold production target of 1.4…


Brenda Mines seeks new ventures

For the year ended Dec. 31, Brenda recorded a loss of $1.5 million on revenues of $26.8 million. Brenda Mines (TSE) 3 months ended Dec. 31 1990 1989 Revenue $3,810 $11,260 Net earnings (loss) 140 (3,9…


Is the gold pric of today `good as gold’?

For at least 6,500 years, gold has been treasured for its beauty and rarity. The enormous amount of labor put into gold production since prehistoric times has yielded cumulative world production of go…


Goldex extends gold zone on Val d’Or property

Continuing exploration on the Goldex Extension (GE) zone near Val d’Or, Que., has extended the strike length of gold mineralization on the property by an additional 400 ft. The Goldex Extension projec…


Metal Prices FREE MARKET (March 25, 1991)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date March 19 March 18 March 15 March 14 March 13 Copper 1344-1345 1344-1345 1307-1309 12…



People Florin Resources

Philip Speyer appointed president succeeding Logan Anderson who resigned; William Timmins appointed director succeeding Harold Moll who resigned.


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