A $13 surge in the price of gold did wonders for the beleaguered gold and silver index which advanced by more than 320 pts — or about 6%. Turmoil in China and the death of Iran’s Ayatollah were two o…
ALUMINUM: MW U.S. Market US93.00 cents – 97.00 cents per lb. (June 1, 1989). ANTIMONY: New York dealer US95 cents -99 cents per lb. (Apr 27, 1989). BISMUTH: New York dealer $6.20-$6.35(US) per lb (Ju…
Toronto-based McNickel Inc. slipped 20 cents lower to close at $3.30 on a volume of 21,500 shares this week. The company expects to have drills turning soon on its Lac St. Jean, Que., nickel-copper pr…
A number of capital projects were completed on the SNIP gold project 65 miles northwest of Stewart, B.C., in 1988-89 by operator Cominco Ltd. (TSE), shareholders of Prime Resources (VSE) were told rec…
After tripling the reserve potential last year, Cominco Ltd. (TSE) is about to start the first phase of the 1989 work program at the Tulsequah Chief base metal/precious metal project in northwestern B…
A small underground gold mining operation near Helena, Mont., is expected to generate cash flow for equal partners, Cusac Industries (VSE) and Gulf Titanium (VSE). The associated companies recently be…
A proposal to consolidate its shares and change its name is in conflict with the rules of The Toronto Stock Exchange, Lytton Minerals (TSE) has learned. The proposal, if accepted by shareholders, woul…
Canamax Resources (TSE) expects to save $2.5 million a year by reducing its exploration staff, shutting down its Toronto offices and moving to Vancouver. And while President Wayne Lenton said speculat…
Vancouver’s Coral Gold (TSE) has added a further 3,000 acres of mineral claims to its Robertson gold mine holdings in Nevada. Coral now holds 11,000 acres at Robertson, an open pit, heap leach gold mi…
After acquiring a 34% controlling interest in Black Hawk Mining, (TSE) banker DCC Equities Ltd. is breathing new life into the Toronto based company. Former Sherritt-Gordon Mines mine manager Garry Hu…
Placer Dome Inc. (TSE) has assumed management of the Mexican Hat project in Arizona from Oneida Resources (VSE). Placer has an option on the property giving it the right to earn a 60% interest by maki…
Shareholders of Consolidated Thompson-Lundmark Gold Mines (TSE) and Quebec Cobalt and Exploration (ME) recently approved an amalgamation of the two companies. The two juniors are related in that they …
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