The spot price of lead on the London Metal Exchange (LME) recently surged to US55 cents per lb. in response to tight metal supplies around the world. Production disruptions and low stocks on the LME h…
News that Naxos Resources is acquiring an 80% interest in some placer gold properties on Thibert Creek near Dease Lake, B.C., for $725,000 helped boost that company’s share price by 70 cents to close …
American Barrick Resources (TSE) appears to have lost a round in its legal battle with Utah-based Gold Standard (NASDAQ) because it didn’t file response papers on time with New York Supreme Court last…
The declining price of gold seemed to have little or no effect on resource issues during the week ended March 20. Moving the other way, the exchange’s mining and minerals index jumped almost 56 points…
Owners of the Mon gold project at Discovery Lake, N.W.T., are encouraged by exploration results to date. Can-Mac Exploration (VSE), in the midst of a drilling program, is awaiting the results of a rec…
Bow Valley Industries (TSE), the Calgary-based oil and gas company which is developing a high- grade uranium project in Saskatchewan with Denison Mines (TSE), had a profitable year in 1989. Net income…
ALUMINUM: MW U.S. Market US68.50- 70.50 cents per lb. (Mar. 8, 1990). ANTIMONY: New York dealer US84-86 cents per lb. (Feb. 15, 1990). BISMUTH: New York dealer US$4.30-4.40 per lb. (Feb. 8, 1990). CAD…
A Canadian unit of Homestake Mining (NYSE) has reached an agreement for the sale of a 60% interest in the Kutcho Creek property, 100 km east of Dease Lake, B.C., to American Reserve Mining (ME). The p…
Drilling has started at the Hyland Gold property, 44 miles northeast of Watson Lake, Y.T. The property is a joint venture operated and 40% owned by Silverquest Resources (VSE) with the remaining 60% s…
I would like to say how much I enjoyed your 75th-year anniversary issue. I especially enjoyed Noble Harbinson’s comments regarding the cancellation years ago of the 3-year tax-free period for new mine…
Confused investors opted to remain on the sidelines today, March 21, as they waited for more definite signs of what the immediate future holds for the economy. As a result, volumes were generally low …
A former chairman of Rio Algom (TSE) has resolved his legal differences with the company. George Albino brought a $10-million wrongful dismissal suit against Rio after being removed from office in 198…
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