Equity trims loss
Equity Silver Mines reported a loss of $583,000 or 2 cents per sha re for the nine months ended Sept 30, compared to a loss of $713,000 or 3 cents a share the previous year. President A.J. Petrina sa…
News
Energex winds down Toodoggone work
Increased income from operations and a positive cash fl ow boosted Energex Minerals’ cash position during the quarter ended Aug 31 to $1.64 million. President Arne O. Birkeland says the company’s inve…
Letters to the Editor: The platinum coins
I was interested to read your article First Platinum Mine — Where? Who? and surprised to see the statement that it was the Swiss who started minting 1-oz platinum coins. We believe the first platinum…
Geoscience forum in Yellowknife
Dec 1-4 are the dates for the 15th Annual Geoscience Forum to be held in Yellowknife. The forum covers mining development, mineral exploration, geological survey work, including Northern Affairs- Geol…
Westley/Radcliffe drilling Nevada bet
Preliminary drilling has been completed on area 1 of the Independence property, near Elko, Nev. held by joint venture partners Radcliffe Resources, formerly Majorem Minerals and Westley Mines. Ten wi…
Centurion hopes to develop placer deposit
Being able to deal successfully with environmental issues can put your services in very high esteem these days, especially in states like California where the environmentalist lobby is very strong. A …
OSC is upset over Larder valuations
Valuation reports prepared by International Larder Minerals were not prepared in accordance with appropriate valuation techniques, the Ontario Securities Commission (OSC) alleges. The valuation report…
Profit and revenues up in Rio Algom’s 3rd quarter
With earnings and revenue up again for the third straight quarter, another record year may be shaping up for Rio Algom. For the nine months ended Sept 30 the company saw its net earnings increase by n…
With 10 properties, Joutel active concern once again
When control of Joutel Resources passed to the trio of John Arnold, Hugh Harbinson and Charles Page this past summer, the three vowed to make the company an active mining concern. And by indications s…
General News & Comment: Value of COATS trading is higher than expe
Volume and value in COATS trading are continuing at higher than expected levels according to statistics released by the Ontario Securities Commission. The total value of COATS trading from its incepti…
Deep drilling at Lamaque is key to Teck/Tundra
Drilling on the No 5 diorite plug on Teck Corp.’s Lamaque gold property near Val d’Or, Que., is yielding encouraging values. Tundra Gold Mines, which has the right to earn a 50% interest in a portion …
Toronto Stock Exchange: Market takes the high road with golds at
Wednesday close, Nov 5 The golds were behind the wheel and helped steer the market out of last week’s doldrums. Over the week, the gold and silver index made a gain of over 200 pts to settle at 5,211….