Investors continued to beat on gold equities, dumping shares of companies in all catagories. The index responded to a $4 decline in the price of bullion, which opened at $422.60 on the second London f…
Noranda Inc. (TSE) is taking out a 100-ton surface bulk sample from five test areas on the No 6 and No 8 zones in the Mishibishu Lake area. Located 30 miles west of Wawa, Ont., the property is being e…
Corona Corp. (TSE) has the right to earn a 100% interest in a Newfoundland gold property owned by Varna Gold (ASE). The interest in the Mings Bight project can be earned by paying Varna $360,000 over …
With operations at its Telbel shaft now back to normal and its 32%- owned Dumagami Mines (TSE) subsidiary coming on strongly, Agnico- Eagle Mines’ (TSE) Paul Penna is breathing much easier these days….
Can-Mac Exploration (VSE) has arranged a flow-through share financing of $300,000. Can-Mac will issue 909,091 common shares at a price of 33 per share. The company must spend the proceeds by Dec 31 o…
Geological reserves have been increased by Canamax Resources (TSE) on the company’s Mt. Hundere zinc-lead property near Watson Lake, Y.T. Drilling has outlined reserves of 5.2 million tonnes grading 1…
Two of the bogeymen in our business culture are corporate concentration and hostile takeovers. But in the true spirit of a free market seeking its own level of equilibrium, these two forces may be in …
A call for papers has been issued for the 1990 Society of Mining Engineers first Annual Meeting, Feb 26-March 1, in Salt Lake City, Utah. The deadline for receipt of preliminary abstracts is Feb 1, 19…
The 22nd international symposium APCOM will take place from Sept 17-20, 1990 in Berlin, West Germany. The general theme of the APCOM conference is the application of computers and operations research …
Encouraging results have been encountered at Octan Resources’ (ASE) Bonanza silver claims in the Northwest Territories where the company is planning to take a 15,000-ton bulk sample to determine accur…
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Dec 6 Dec 5 Dec 2 Dec 1 Nov 30 Copper 191…
Another high stakes court battle will get under way when American Barrick Resources (TSE) and Utah- based Gold Standard Inc. appear in a Tooele Cty., Utah, courtroom, Feb 5, 1990. As a former joint ve…
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