Wednesday close, Oct 15 The market spent the holiday week languishing in the doldrums and the story was no different today. The widely-followed composite 300 was down 0.80 pts to close at 3,017.39. …
Having recently completed a private placement of flow-through shares providing the company with $460,000 for exploration purposes, Santa Mar ia Resources has contracted for an initial 5,000 ft drill p…
Wednesday close, Oct 15 Val d’Or mining company Louvem got a hefty shot in arm this week when a Swiss-based newsletter referred to it as the cheapest of all Canadian gold producers. The European pub…
A $1.1-million financing has been completed by Nova Beaucage Mines. The cash will be used to fund an expanded underground program on the company’s 35%- owned Elder mine project near Rouyn, Que. The pr…
share-for-share basis.
The average stock yield on 111 dividend-paying stocks on the Toronto Stock Exchange as compiled by Moss, Lawson and Co. on prices of Oct 6 is up 0.03% at 3.83% from the previous week. The current yiel…
Platinum and gold may have been the best performers among precious metals in the current bull market, but the one to watch over the next six months is silver. The reason, says Thomas Mohide, is the po…
An estimated 6,000-ton-per- day gold mine in Jamestown, Calif., is expected to be complete by year-end, 70%-owner Sonora Gold Corp. says. More than 500 workers were on site at presstime. Work is nearl…
Greenstone Resources has agreed to acquire a package of several minin g properties covering 67,870 acres in the Chibougamau area of northwestern Quebec from Camchib Mines, a wholly-owned subsidiary of…
Trident Resources has changed its name to Universal Trident Industries on the basis of 1 new for 5 old shares.
Wednesday close, Oct 15 Lower gold prices were behind the sideways trading activity on the Alb erta Stock Exchange this week. Volumes were an uninspiring 4.4 million shares. Several mining issues mad…
Lightning Minerals has received regulatory approval for an agreement to buy Terra Mines’ gold property 45 miles northeast of Yellowknife, N.W.T. Gold on the property occurs in a number of steeply dipp…
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