News


Royex boosts Lacana interest to about 44%

A recent subscription for 17,136 flow-through shares of Lacana Mining has increased Royex Gold Mining’s interest in that company to about 44% of the outstanding capital of Lacana. Royex now owns about…


Acadia sees increases in N.S. gold bet tonnage

The gold-bearing structure on the Mooseland property, 75 miles northeast of Halifax, N.S. has been extended and the potential for extending it even further is still very great. Drilling by Toronto-lis…


High grade results send Tenajon under]]

Vancouver-listed Tenajon Silver Corp. is going underground on the sb property, located 25 km northwest of Stewart, B.C., just south of Westmin Resource’s Big Missouri property. The decision is based o…


Kam-Kotia earnings

Toronto-based Kam-Kotia Mines reports income for the first nine months of this year of $904,000 (8 cents per share) compared with $305,000 (1 cents per share) for the same period in 1986. Increased …


Golden Star adds to portfolio in Guyana

Edmonton-based Golden Star Resources has increased its exposure to gold exploration in Guyana by signing mineral agreements for three permissions with the Guyanese government. According to Golden Star…


Queries Chetwynd active near Hope Brook mine

Please provide me with some information on Chetwynd Resources and Glen Roy Resources. Although they appear to be active, I haven’t read anything about the these two Toronto companies recently. P. K. S…


Atlas Yellowknife private placement

Shareholder approval has been received for a private placement of shares by Atlas Yellowknife Resources to Channel Resources. Channel will take down 15 million Atlas shares at 15 cents per share and …



Amax boosts mine output forecast

Gold production from the Sleeper mine in Nevada is expected to be 158,000 oz this year, up 12,000 oz from previous forecasts, Amax Gold reports. The latest forecast is based on additional heap-leach p…


Wharf profit well ahead

Wharf Resources reports net income for the first nine months at $4.144 million(US) or 29 cents per share (38 cents C) after preferred share dividends, compared to $1.273 million or 13 cents per share…


Metal Prices FREE MARKET (November 16, 1987)

London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Nov. 10 Nov. 9 Nov. 6 Nov. 5 Nov. 4 Copper 1405-1410 1330-1335 1340-1345 1240-1250 1219-1221 Lead …


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