Nickel showing prompts company to become public
A nickel-copper discovery made last year in the Lac St. John area of Quebec has generated substantial investor interest and at least one company plans to go public on the strength of its mineral claim…
News
Tyranite, Fireweed share priority status: Gunnar
Following a corporate consolidation, Gunnar Gold Mining is again trading on the Alberta Stock Exchange. The company’s recent consolidation was completed on the basis of one new share for every 10 issu…
Gold funds as of Jan. 31
BGR Goldcorp Central MVP Capital Net value $12.06 8.93 6.79 0.85 Price$ 9.375 6.125 5.875 0.69 Discount 22.26% 31.4 13.5 18.8 Value …
Toronto Stock Exchange Rally contunues unabated on strong volumes
The New Year’s rally continued unabated as 30 million shares exchanged hands today moving the composite index up 23.94 pts. Today’s close of 3640.58 pts represents a 72-pt increase over our review wee…
Belmoral changes terms of Ketza River purchase
Purchase of the Ketza River gold mine in the Yukon Territory by Belmoral Mines (TSE) will go ahead but on different terms from those previously announced. Belmoral Mines Chairman Kenneth Dalton said t…
Earnings Reports (February 06, 1989)
North American Metals (VSE), a 73%-owned subsidiary of Homestake Mining (NYSE), reports a net loss for the year ended Aug 31 of $942,458 or 13 cents per share. For the same period a year earlier the c…
Cambior backs off from deal to acquire Nova-Cogesco shares
Having failed to obtain at least 90% of the outstanding shares of Nova-Cogesco Resources (TSE) in a takeover bid of the company, Cambior Inc. (TSE) has decided against pursuing its offer. Gold produce…
Gold Bar drilling Chester Twp. property
COATS-listed Gold Bar Resources has agreed to fund a 5,000-ft drill program on Canadian Gold Resources'(ASE) Chester Twp., gold property near Gogama, Ont. The companies report that a contract has been…
Editorial Strengths can easily be overlooked
Adversity, they say, builds character. In the case of the mining industry, decades, even centuries, of struggling against the odds to make mines and make them pay has created an industry that enjoys a…
Springer Resources reports gold zone
Recently-listed Springer Resources (VSE) reports anomalous gold values have been encountered on its Glenwood-White Bay joint venture property in Newfoundland. The 60-claim Glenwood property is one of …
ABM, Goldenbell unite, Jamestown improving
Toronto-based Northgate Exploration (TSE) has begun to simplify its broad portfolio of mining companies by uniting the assets of affiliates ABM Gold Corp. and Goldenbell Resources (TSE). By purchasing…
Association for Minnesota mining
The newly established Minnesota Exploration Association hope to provide companies and individuals exploring for non-ferrous minerals in Minnesota with a cohesive means to share information and to give…