News

Taxes are a necessary evil, the cost of living and doing business in Canada. It’s easy to complain about them until one considers the alternatives. But if taxes are a fact of life, the games that go…

Net earnings in 1987, before unusual items, of $11.8 million were recorded by Brunswick Mining and Smelting compared to a loss last year of $6.9 million. After unusual items, earnings in 1987 totalled…

The leg of a rally appears to be developing, as equity markets enjoyed one of there best weeks in months. The prospect that interest rates are set to slide lower is a catalyst. Also, the combination o…

A strong drill intersection has been completed by Gateford Resources on the company’s Cooper gold property. Located 10 miles northeast of Madoc, Ont., the property was partially developed by a shaft i…

Rags to riches stories are not uncommon in the mining business, but few will match the feeling related in Silver Threads Among the Gold. Graphically told by author Mike Macbeth, it’s the Agnico story …

There is no question but that virtually all sectors of the copper business are enjoying good times today after what were, for the producers, some pretty tough years. But as a direct result of those di…

Colray Resources has completed an airborne geophysical survey program on four of its large blocks covering some 25,000 acres in the La Ronge gold belt area in northern Saskatchewan. W. J. Pearson, the…

As one of the world’s gambling capitals, Nevada has always been a kind of mecca for thousands of would-be millionaires hoping to make a fortune on the slot machines and blackjack tables. But as indica…

London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Mar. 1 Feb. 29 Feb. 26 Feb. 25 Feb. 24 Copper 1220-1222 1175-1180 1205-1210 1261-1263 124…

When final figures are in, they should verify that mineral exploration in British Columbia reached an all-time high in 1987. The high level of activity was prompted by continued strong interest in pre…

Recently listed for trading on the Montreal Exchange was Globex Mining Enterprises of Rouyn- Noranda, Que. (symbol gmx). The company, incorporated in 1949, has interests in two properties in northwest…

Toronto-based Cliff Resources says it is progressing toward production at its Green Hill gold mine at the Olinghouse district, northwest of Reno, Nev. Financed with a project loan bridged to a gold lo…