News

Investment Comment Junior gold producers evaluation

The Canadian gold mining industry today offers investors a broad spectrum of choices from senior gold producers to emerging junior gold producing companies Emerging junior gold companies are companies…


Jarvis Resources drilling Mallard Twp. gold property

Initial drill results from Jarvis Resources'(VSE) Mallard Twp. property in northern Ontario have returned anomalous gold values. Five diamond drill holes were recently completed as part of an ongoing …


LME considers its first warehouse in the U.S.

The venerable London Metal Exchange (LME), having reached out to the Far East, may soon be making its physical presence felt in North America. The exchange, with 97-98% of its activity generated outsi…


GOLD (November 28, 1988)

Here is a list of the per share prices which Northgate Exploration paid in the seven transactions it has completed since February 1988. Also listed are last week’s trading prices for the companies inv…



Coral in production at Nevada gold mine

Vancouver-based Coral Gold Corp. (VSE) has attained gold producer status at its Robertson property in Nevada. The company poured the first 265-oz gold bar recently and with its 1.4 million ton Gold Pa…



Sundust acquiring Peruvian interest

Agreement-in-principle has been signed between Sundust Resources (ME) and Aurifera El Sol of Peru which will allow Sundust to acquire a 30% interest in the latter for $1.5 million(US). Aurifera, forme…


Olympic Dam mine opened `Down Under’

Australia’s largest mining project, the Olympic Dam copper- uranium-gold mine at Roxby Downs, was recently officially opened. Bringing the mine, located in south Australia, into production are Western…


NO HEADLINE (November 28, 1988)

TEXT: A joint training agreement was recently signed between Saskatchewan Institute of Applied Science and Technology (SIAST) and Hudson Bay Mining Smelting to train 16 northern Saskatchewan resident…


Amax Inc. announces third quarter earnings

Amax Inc. today reported third quarter net earnings of $132.5 million(U.S.), equivalent to $1.61 per primary common share. Third quarter 1987 net earnings of $176.2 million, equivalent to $1.81 per pr…


Ronrico raises more funds for Simkar bet

Toronto-based Ronrico Explorations (VSE) has announced another funding agreement to finance exploration on the Simkar gold property east of Val d’Or, Que. The funding agreement was made with the Minta…


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