Normally, the summer holiday season is a quiet one for metals markets, but this summer is proving less quiet than most. Many customers of the mining industry are being met with an unusual challenge: t…
Semi-monthly reports as of Jul 15, 1994 showed 265,326,185 shares of 901 issues compared with 249,548,306 shares of 870 issues on Jun 30, 1994. Larger individual positions included: Aber 111,500, up 6…
The owners of the Escondida copper mine in northern Chile’s Atacama Desert have expanded production capacity twice since operations started in November, 1990. The partners now plan to spend US$520 mil…
Nickel and copper prices have improved, but Inco (TSE) continues to spill red ink. The company reported a second-quarter net loss of US$7.6 million, compared with a net loss of US$2.2 million for the …
Two mining companies are at odds over a court ruling dealing with property rights in Venezuela. Gold Reserve (TSE) of Spokane, Wash., says TVX Gold (TSE) was incorrect in announcing that a ruling in f…
The United Nations General Assembly has passed a resolution regulating seabed mining, paving the way for ratification of the landmark UN treaty on the Law of the Sea, which has languished for years. T…
The drama surrounding Royal Oak Mines’ (TSE) takeover bid for Lac Minerals (TSE) is overshadowing the startup of the Colomac gold mine 137 miles north of Yellowknife, N.W.T. Royal Oak expects to produ…
Exploration activity in the Lac de Gras region of the Northwest Territories is resulting in more kimberlite discoveries. The latest is the Nicholas Bay kimberlite, discovered last April on the Aylmer …
Investors in International Platinum (TSE) continue to await the results of an independent evaluation of its Black Rock project in Arizona. According to David Powell of IPC’s investor relations office,…
Diamonds, diamonds and more diamonds are the reason trading activity is holding relatively steady on western markets, and holding off the expected summer doldrums. Some downward pressure on gold stock…
Gold Funds as of Aug 1 BGR Central Net Value $17.56 $6.85 Price $15.63 $7.375 Premium 7.7% Discount 11.02 Value $142,665,000 $133,482,338…
The bidding race for the takeover of Lac Minerals (TSE) has grown more crowded with the public inclusion of TVX Gold (TSE) and Kinross Gold (TSE). The two gold producers made public, near the end of J…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.