Toronto-based Northgate Exploration (TSE) has run into a potential road block en route to simplifying its complicated corporate structure and becoming an operating mining company. Last week, the Ontar…
A year-long slump in the price of gold bullion has forced at least four Canadian gold mines to suspend operations during the past six months, while a similar number of new mines have come on stream ov…
A European syndicate has provided Carolin Mines (NASDAQ) with initial funding to investigate the possibility of re-opening the Ladner Creek gold mine near hope, B.C.. The company has already started t…
Three diamond drills are turning on the Brookbank gold property under option to Placer Dome (TSE) from Metalore Resources (TSE) in northwestern Ontario. Situated north of Beardmore, the 200-claim prop…
Shareholders of Prime Resources (VSE) and Calpine Resources (VSE) will be meeting Dec 14 to consider a transaction that would result in a merger of the two companies. If approvals are obtained, the me…
Recent drilling on a new zone at the joint venture of Placer Dome (TSE) and Golden Star Resources (TSE) in Guyana to indicates that the open pit operation will be much larger than originally anticipat…
Affiliated companies Crown Resources (NASDAQ) and Gold Texas Resources (VSE) recently announced a drill-indicated geological inventory of 4.3 million tons of 0.125 oz gold for the Buckhorn Mountain pr…
ALUMINUM: MW U.S. Market US75.75 cents – 77.75 cents per lb. (Nov 2, 1989). ANTIMONY: New York dealer US85 cents -90 cents per lb. (Nov 9, 1989). BISMUTH: New York dealer $4.60-$4.70(US) per lb. (Nov…
A large volume of Milestone Resources shares changed hands this week as the issue slipped by 1 cents to close at 24 cents after 51 transactions. The company released preliminary results from eight s…
Gold equities took centre stage on the TSE for yet another week as bullion continued its climb toward the magical $400(US)-mark. On Nov 15, today, the second London fix was set at $391.40. The rally h…
Toronto-based Kenora Prospectors and Miners (COATS) is suing its joint venture partner Bond International Gold (TSE) for breach of contract and fiduciary duty involving a gold project at Shoal Lake, O…
“Mining is one of man’s truly creative activities,” says Erik Andersen, recently appointed manager of Muscocho Explorations’ Magnacon gold mine in Ontario’s Mishibishu area. “It combines 0000,0506 his…
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