1988

The Stillwater platinum- palladium mine in Montana now has two owners. The board of directors of Manville Sales Corp. has approved a deal whereby Manville and Chevron Resources will purchase the one-t…

With gold prices off slightly, investors were turning their attention to copper this week. Following an announcement that a high grade copper showing has been found at the Rambler property near Baie V…

The value of mineral production in Canada (excluding petroleum and natural gas) totalled a record $17.7 billion in 1987, the Mining Association of Canada reports. Of that amount, the value of gold con…

Higher base metal prices brightened the financial picture considerably for Westmin Resources (TSE) during the first nine months of 1988. The company reported net earnings of $16,066,000 or 9 per commo…

Heavy exploration activity in Northwestern British Columbia for both gold and copper and the promotional abilities of Murray Pezim, can be collectively credited with generating the lion’s share of rec…

A 3-compartment, rectangular shaft should be completed on Acadia Mineral Ventures’ (TSE) Mooseland property in Nova Scotia by mid-summer, 1989, according to Grant Bye, project manager. Speaking at the…

There was a surprising unanimity of opinion on the future of the United States precious metals industry by key executives at the Northwest Mining Association convention held here recently. A special f…

Amer Chromium — Savanna Res bought 500,027 (private) @ 10 to hold 10,410,726. Belmoral — A. Brown sold 16,500 (Oct) @ $1.69-1.85 to hold 1,005,931. F. Brown sold 17,000 (Oct) @ $1.67-1.80 to hold 84…

More investment dollars continue to be spent on precious metals exploration in Canada than on base metals. This despite base metals reserves dwindling and base metals prices booming. The reason, perha…

The novel shareholder protection rights program adopted by Pegasus Gold Corp. (TSE) is designed to prevent “creeping takeovers and other coercive acquisition tactics,” the company says. The plan has b…

With an unwanted suitor waiting in the wings and continuing uncertainty in the market place, late January may not be the best time to launch a gold company. But Falconbridge Ltd. (TSE) will go ahead a…

Corona Corp. (TSE) has the right to earn a 100% interest in a Newfoundland gold property owned by Varna Gold (ASE). The interest in the Mings Bight project can be earned by paying Varna $360,000 over …