Corona Corp. (TSE) has established its first, wholly-owned beachhead in the United States. The Santa Fe open pit, heap leach operation, several miles southeast of here, was officially launched as a go…
Nippon Mining Company, Japan’s largest producer of copper, is now exploring for precious metals in North America through a subsidiary based in Reno, Nev. A few years ago, Nippon made the decision to b…
My question is about LAC Minerals’ dividends. I thought I saw in your paper that LAC paid a 20 dividend in 1987, but I only got 10 per share for the 2,000 shares I own. Where did the other 10 go? P…
More trenching and drilling are planned next year on Tri-Valley Corp.’s Richardson lode project southeast of Fairbanks, Alaska. Asarco Inc. recently dropped its option on the property without earning …
An Imperial Metals Corp. (TSE) subsidiary, Anglesey Mining, has encountered zinc-bearing sulphide mineralization in a pilot hole at its Parys Mountain property in North Wales, U.K. The test hole was p…
The bull market in copper doesn’t seem to want to go away. The base metal, which was selling above $1.40(US) per lb at the end of 1987 and has been selling in the $1 range for a good part of this year…
Reynold Metals Company recently announced the completion of a major capacity expansion at its 50% owned Mt. Gibson gold mine in Western Australia. The expansion increases the mining and processing cap…
Anderson Expl. — BC Sugar Refinery bought 164,706 (Sept, private) to hold 3,684,848. Kerr Addison bought 392,157 (Sept, private) to hold 6,202,281. Atlantic Goldfields — A. Howe sold 257,000 to hold…
Pegasus Gold Inc. (TSE) recently concluded an agreement to purchase a $12 million convertible debenture from Pioneer Metals (TSE) which, for the debenture itself, would give Pegasus an approximate 14%…
The exploration research community has submitted a proposal to the federal government to assist financially in establishing a national network that would carry out fundamental targeted research on new…
Teck Corp. (TSE) reports net earnings before extraordinary items of $23 million or 29 per share for the quarter ended Sept 30, 1988. This compares to $11 million or 12 for the same period a year ago…
Week’s Price (US) Change Gold (per oz) $407.50 — $ 3.30 Silver (per oz) $ 6.25 — $ 0.07 Platinum (per oz) $539.00 Copper (per lb) $ 1.49 + $ 0.12 Lead (per lb)…
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