The sizzling market in gold shares cooled its heels this week as investors, not surprisingly, devoted themselves to profit-taking. The gold and silver index dropped 80.57 pts over the week to close at…
One of the biggest winners on the Coats system this week was Chance Mining & Exploration, which closed at 90 cents after hitting $1. The company says Falconbridge has optioned another of its properti…
For the first quarter ended Mar. 31, Inco Ltd realized a loss of $5 million or 8 cents per share. This follows the last quarter of 1986 where the company lost $6.5 million or 10 cents per share. Alt…
From an address by Harry M. Conger, chairman of Homestake Mining and chairman of the American Mining Congress: If there is one thing America needs today, it is renewed confidence in our own free ent…
Spot closing prices in Pound Sterling per tonne Date April 21 April 20 April 17 April 16 April 15 Copper 914.5-915.5 N/A N/A 924-926 915-916 Lead 398-399 N…
A 20,000 ft diamond drilling progam is slated to start in May by Jonpol Explorations on the Denton Twp., Ont., property of Gowest Gold Resources. The two companies entered into a recent agreement wher…
Starmark Resources has changed its name to Transglobe Resources on a 1-new-for-3-old share basis.
A call for papers is being issued for the seventh international conference on ground control in mining, to be held Aug 3-5, 1988, at Morgantown, West Virginia. Papers are invited in the field of groun…
Saber rattling sometimes occurs before outright war but the big guns are firing already in a proposed takeover offer for Northair Mines by Nanaimo-based Nor-Quest Resources. Incensed by an offer which…
Platinova Resources, a private company and a subsidiary of Toronto-listed Black Hawk Mining, has entered into three separate agreements on three of its properties. The first is with Cominco Ltd. on th…
A third partner is joining Denison Mines and Sikaman Gold Resources on the quest for the yellow metal on the original Gold Coast in the Republic of Ghana, West Africa. Toronto-listed Exall Resources i…
It was an up-and-down week for the mining and minerals index on the Montreal Exchange, although resource issues continued to trade actively. Rouyn Resources of Rouyn, Que., which earlier this month co…
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