Environmental research and permitting negotiations are under way for Highwood Resources’ (TSE) Thor Lake beryllium project 65 miles southeast of Yellowknife, N.W.T. According to D. G. Thomas, presiden…
London Metal Exchange Spot closing prices in $US per tonne, except copper (pounds sterling per tonne) Date Jan 3 Jan 2 Dec 30 Dec 29 Dec 28 Copper 1929-1934 N/A 1875-1877…
A new company, First Toronto Mining (TSE), has been created through the amalgamation of First Toronto Capital and Pacvest Capital. Shareholders of First Toronto will receive one share of the new compa…
Cambior Inc. (TSE) dramatically entered the ranks of Canadian gold producers with the largest-ever initial public offering made in Quebec. The $150-million issue was warmly received late in the summer…
January 1, 1989, holds no magic for Canadian companies that sell their goods or services south of the border. The free trade agreement between Canada and the United States officially went into effect …
A Swiss company, Alpha Securities AG, has agreed to invest $1.5 million in Stratmin Inc. (ME) in return for about 1.4 million A shares of the latter valued at $1.10 per share, Stratmin reports. The su…
Current underground work at the Vedron gold project in Timmins, Ont., is geared to define additional targets for reserves which are immediately accessible to the ramp workings, Vedron Ltd. (TSE) repor…
With permitting and study of a tailings disposal system in progress, Gunsteel Resources (VSE) is currently negotiating financing for the installation of a 100-ton-per-day modular mill to be operationa…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US per lb.) Jan 154.50 152.00 151.70 + 0.70 Feb 146.10 146.10 …
BHP Utah Mines is beginning a 4,000-ft drill program on a property held under option from Glencairn Explorations (ASE). Known as the Blue Mountain property, the claims are located west of Kirkland Lak…
A net loss of $1.92 million(US) or 65 a share was reported by Atlas Gold Corp. for the first fiscal quarter ended Sept 30. This compares with a net loss of $17,000 or 1 a year earlier. President Rich…
Primarily because of a major cost over-run for road access which was largely out of its control, North American Metals (VSE), a 73.2%- owned subsidiary of Homestake Mining (NYSE), is preparing an inte…
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