Debt problems currently being experienced by Giant Resources of Australia may prove to be a blessing in disguise for Edmonton zinc-silver producer Golden Star Resources (TSE). Giant Resources recently…
Reports from Arizona that American Barrick Resources (TSE) is about to incorporate dredging equipment and pontoons into its Goldstrike mine development plan are inaccurate, a spokesman for the company…
Vancouver-based Canamax Resources (TSE) has renegotiated the terms under which it will repay the $7.3 million it owes to Colorado affiliate Amax Gold (TSE). At a special meeting in Toronto, shareholde…
The board of directors of Toronto- based Agnico-Eagle Mines (TSE) recently declared a US10 cents per share dividend payable May 1, 1990, to shareholders of record April 3, 1990.
Long-awaited signs of a significant renewal in the amount of base metal exploration activity in Canada have appeared just as a new decade gets under way. Senior and junior mining companies alike are p…
Total Geologic Gold Reserves1 Reserves2 Thousands Oz. Oz. Oz. u4Deposits of tons per ton (thousands) (thousands)004 Gold Quarry/…
As a new decade gets under way, it is certain that last year’s wave of mergers, acquisitions and corporate restructuring efforts will begin to take effect on a number of mining companies. The mining i…
ALUMINUM: MW U.S. Market US72.50 cents – 74.00 cents per lb. (Dec 21, 1989). ANTIMONY: New York dealer US81 cents -84 cents per lb. (Nov 30, 1989). BISMUTH: New York dealer $4.40-$4.50(US) per lb. (D…
LAC Minerals (TSE) has declared a semi-annual dividend of 7 cents , an increase of 1 cents , on its common shares, payable Dec. 1 to shareholders of record Nov. 10.
Henry George, an ardent American proponent of free trade 100 years age, made these comments which still hold meaning today: It might be in the interest of lighting companies to restrict the number a…
A drilling program is under way at the Aldermac group of base metal properties near Rouyn-Noranda, Que., Deak Resources (TSE) reports. A minimum 15,000 ft. of drilling will be conducted by Feb. 28, ut…
One of the ways in which mining companies attempt to motivate and reward their key employees is to grant them options to purchase a specific number of shares at a specified price. Typically, if the co…
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