Even though base metal prices have softened, the mining industry is in better shape now than it has been for many years, and exploration directed toward polymetallic deposits is still being conducted …
A group of Alberta-based shareholders of Northern Minerals (TSE) who lost a small fortune after the company ran into financial difficulties two years ago, are suing Northern and former joint venture p…
ALUMINUM: MW U.S. Market US67.50- 70.00cents per lb. (Mar. 1, 1990). ANTIMONY: New York dealer US84-86cents per lb. (Feb. 15, 1990). BISMUTH: New York dealer US$4.30-4.40 per lb. (Feb. 8, 1990). CADMI…
for exploration Dismemberment of the Canadian Exploration Incentive Program (CEIP) by the federal government in its 1990 budget announcement follows a year in which the national financing scheme for g…
An economic analysis of general trends determining to what extent the reduction in steel intensity in the industrialized countries is ascribed to the substitution of steel for other materials, such as…
After raising $525,000 in its first public share offering, Long Range Resources (ASE) is gearing up to explore several gold properties in Newfoundland this spring. The main focus of this year’s work w…
Gold and silver miner Cheni Gold Mines (TSE) reported net earnings for the year ended Dec. 31 of $4 million, or 36 cents per share, on revenues of $26.7 million. Since 1989 marks the first year of pro…
Although gold production was up 25.5% over last year, net income for Coeur d’Alene Mines (AMEX) dropped. The company reported net earnings for the year ended Dec. 31 of US$9.4 million (or US94 cents p…
Brightwork Res — 600,000 sold for gross $330,000. Krigold Res — 650,000 offered @ per unit. Gold Summit Mines — gross proceeds rec $280,000. Int’l Viking — 800,000 offered @ 60 cents per sh. Ameri…
Trading activity related to resource issues turned positive for the week ended March 6, with the mining and mineral index gaining 93.5 points. The general market portfolio index also shone, closing wi…
At an age when most of their contemporaries are living off their pensions, Todson Becker, 80, and partner Howard Banting, 72, are still doing deals and making a living from the exploration business. F…
A financing plan among Newfields Minerals (TSE), St. Genevieve Resources (TSE), and private investors, involving proceeds of $1.25 million for Newfields, has been cancelled. In addition, the 1- for-4-…
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