Looking at market activity in Vancouver this week, it’s safe to say “The Pez” is back. He’s been keeping a relatively low profile in the past year for personal and business reasons. Two discoveries, o…
When copper producers in the future look back at 1987, they will probably do so with some fondness. Steadily rising prices this year have seen the base metal touch $1.25(US) per lb on the London Metal…
Donald McLeod, president of the Northern Group of companies (Northair Mines, Scottie Gold Mines, Newhawk Gold Mines) is the 1987 winner of the District 6 proficiency medal of the Canadian Institute of…
A lawsuit which went against Glamis Gold hurt the company’s bottom line for the fiscal year ended June 30. For the period, net earnings totalled $429,538 or 3 cents per share compared to earnings of …
The new owner of Hubert Lake Ungava Nickel Mines has plans to revive the dormant mining company which was chartered in Quebec in 1957. Hubert Lake has been under a cease-trading order since May, 1985,…
Exploration work is progressing at the Tenquille Lake gold-silver prospect north of Pemberton Meadows, B.C., under a joint venture agreement between Tenquille Resources and Ajax Resources. Under the a…
The price of gold has, at various times, been linked to almost everything including political uncertainty, the price of oil and wars. As is typical of any commodity, the price of gold reacts in the sh…
British Columbia-based Tap Resources has entered a joint venture project at its Golden Chest project with Newmont Exploration, Golden Chest Inc. and Viking Resources. Due to B.C. tax laws which allow …
Net income for the first nine months of the year was $17.9 million ($1.03 per share) compared with $2.3 million (13 cents per share) for the same period last year, Kerr Addison Mines reports. The com…
A total of $6 million has been set aside by St Genevieve Resources to sink an exploration shaft and do lateral exploration work on the company’s 12-claim Fourax property in Fourniere Twp., near Malart…
Encouraging results have been released by Maufort Resources from its Tiblemont gold property in northwestern Quebec. Geological surveys, trenching, channel sampling and drilling indicate five differen…
The tide of opposition to the Canada/U.S. free trade agreement continues to mount, and we think Canada’s mining industry, which has a good deal to gain from it and a lot to lose if it fails, should be…
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