The Henderson II mine owned by Campbell Resources (TSE) is living on borrowed time and could be shut down if a $500,000 exploration program fails to increase the operations gold reserves. Proven reser…
ALUMINUM: MW U.S. Market $1.08-$1.11 per lb. (May 5, 1988). ANTIMONY: New York dealer $1.08-$1.13 per lb. (Apr 14, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (May 5, 1988). CADMIUM: New York …
In a bid to expand its existing assets to at least six operating mines, Kerr Addison Mines (TSE) of Toronto is planning to spend $70 million over the next two years on an ambitious development program…
All capital investments of Starrex Mining (TSE) in the Star Lake gold mine in northern Saskatchewan have been recovered and a 35% participating interest has reverted to Starrex, the company reports. S…
An agreement between Toronto- listed Acadia Mineral Ventures and the Canadian subsidiary of Idaho- based Hecla Mining was signed this week. Over the next three years, the agreement could give Acadia a…
It is my understanding that there is a lot of prospecting going on in the Copperkettle Creek area near Greenwood, B.C. As a former shareholder in Kodiak Minerals, I would like to know whether Kodiak…
A story in the May 9 issue describing the Simkar gold project near Val d’Or, Que. failed to mention the company which holds the ground in which Ronrico Explorations has earned a 25% interest. The pro…
In a revised agreement with the Muscocho Group of companies, Edmonton-based Echo Bay Mines (TSE) will pay a premium to gain a major foothold in the eastern Canadian gold industry. But a piece of fine …
Moving solidly into the black this quarter was Equity Silver Mines (TSE) which posted a profit of $1.1 million or 3 cents per share compared to a loss of $1.7 million or 7 cents per share last year. …
On May 3, 1988, Finance Minister Michael Wilson and Minister of Energy, Mines and Resources Marcel Masse announced measures to maintain the effectiveness of flow- through share financing for explorati…
Another selloff hammered the Toronto Stock Exchange today, clipping 44.71 pts from the composite index which closed at 3,178.49 pts. Sparked by interest rate fears and a general perception that the be…
Toronto-based Ego Resources (TSE) has entered a flow-through financing agreement with Tap-IV Resource Ltd. Partnership (TSE) to finance an extension of a recently completed 30,000-ft drill program at …
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