If Middle East tensions escalate to the point where gun fire is exchanged, investors who have been selling their gold assets to take advantage of recent price increases could move back into the market…
Treasure hunters who found thousands of gold coins and rare gold bars in a ship that sank 133 years ago off the coast of South Carolina may keep their loot, a federal judge in Norfolk, Va., ruled rece…
The London Metal Exchange (LME) has a new chairman. John Wolff, currently vice-chairman of the commodities exchange and one of its committee members from 1979 on, was recently elected to the position….
The recent increase in the gold price has prompted Cambior (TSE) and Camindex Resources to reopen their Valdez Creek placer mine in Alaska. Cambior says that based on the recent strength in the gold p…
Edwin Phillips is the new chairman of Cheni Gold Mines (TSE), whose key asset is the producing Lawyers gold- silver mine in the Toodoggone district of northern British Columbia. Phillips, chairman of …
The Persian Gulf crisis continued to take its toll on the stock market during the week ended Aug. 21, as nervous investors struggled to protect themselves from unfolding developments. Today, Aug. 22, …
Conventional flotation and smelting will recover 85-95% of the contained gold in ore from the Newfield project in Garrison Twp., Ont., according to recent metallurgical testing. T&H Resources (TSE) ho…
Vancouver-based Trimin Resources (TSE) has agreed to sell its 32.9% stake in the Hanson Lake polymetallic deposit to Shell Group affiliate Billiton Resources Canada Inc. for $17.5 million cash. Situat…
The 16th annual convention of the Quebec Prospectors Association will take place Sept. 12-14 at Val d’Or, Que. Theme of the conference, and topic of a panel conference on the Thursday morning followin…
Week’s Price (US) Change Gold* $410.00 + $8.50 Silver* $5.12 — $0.01 Platinum* $500.25 + $4.00 Nickel** $5.13 + $0.14 Lead** $0.40 + $0.01 Copper- $1.33 — $0.01 Zinc– $0.73 — $0.02 Courtesy of Sco…
The 1990 second-quarter financial results from Placer Dome (TSE) show a jump in net earnings to $80.8 million, or 34 cents per share, compared with net earnings of $31.5 million or 14 cents per share …
Five drills continue to probe the potential of the Lightning gold zone on the Harker-Holloway property of 60/40 partners Noranda (TSE) and Freewest Resources (ME). This week, the joint venture release…
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