A better-than-expected further decline in the United States trade deficit has brought euphoria into North America’s leading financial districts. The April figure of $9.89 billion compared to March’s $…
Mid-summer results to be gathered from exploration work on the Fuller zone of the Vedron property at Timmins, Ont., should be sufficient to justify the start of production by the end of the year, Vedr…
Unconfirmed street talk is that the claims protecting Hemlo Gold’s Golden Giant mine at Hemlo, Ont., are being restaked by a junior mining company. At presstime, the Thunder Bay, Ont., mining recorder…
With a number of ongoing projects, Tandem Resources (ME) will be quite active in exploration again this year, President Stanley G. Hawkins told shareholders attending the company’s annual meeting, exp…
It was a case of “as you were” in Alberta as most of last week’s most active issues traded ahead of the pack on slightly lower volumes. International Baslen led the way with a 34} increase in its shar…
Stung by media criticism over its role in a scam that saw United Services Funds of San Antonio, Tex., defrauded out of millions of dollars, the Vancouver Stock Exchange has approved a “broad action pl…
New York-based Newmont Mining is still attempting to recover from a $2.2-billion dividend paid out last October to thwart a takeover bid by Texas oilman T. Boone Pickens. Net income for the three mont…
Golden Terrace Resources (TSE) expects to have a senior mining company take on a joint venture partnership this summer on its Richardson Lake gold property in northwestern Ontario. At the company’s an…
Sometimes, a good rumor packs a bigger and faster punch than facts do. Just ask anyone who plays the market. They know the rumor mill can be more real than the facts of a situation. Rumor also plays…
Several non-mining investments made by Davidson Tisdale Mines (TSE) came under shareholder attack at the company’s annual meeting. Despite dissension by a minority group, shareholder approval for the …
With two years of life remaining at its Picacho mine in California, Glamis Gold (TSE) hopes to increase gold production to nearly five times the current rate by 1990. Property acquisitions and joint v…
Reserves have been increased at the Golden Pond project shared by Inco Gold Co. (60%) and Golden Knight Resources (TSE) (40%). Located in the Casa Berardi area of northwestern Quebec, the deposits hos…
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