The Oregon Department of Geology and Mineral Resources has issued Formosa Resources (VSE) a closure order for the Silver Butte base metal mine near Riddle. The order was issued pending the company pos…
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne Date Sept. 7 Sept. 6 Sept. 3 Sept. 2 Sept. 1 Copper 2011-2012 2006-2008 1994-1995 1986-1988 1970-1972 Lead 385-386 383.5-384.5 37…
Price (US) Week’s Change Gold* $352.25 $19.55 Silver* $4.26 $0.57 Platinum* $356.50 $25.00 Nickel** $2.03 $0.02 Lead** $0.18 + $0.01 Copper $0.90 + $0.01 Zinc $0.40 + $0.01 Courtesy of Scotiabank. Inf…
On the eve of the 40th anniversary of the Bathurst, N.B., base metal discovery, Brunswick Mining & Smelting (TSE) has announced a significant increase in reserves at its Halfmile Lake property, one of…
A feasibility study on the Williams Creek copper oxide project is expected by year-end. The project, 25 miles northwest of Carmacks, Y.T., and accessible by road, is owned equally by Western Copper Ho…
Underground mining is under way at the Tillicum gold property near Nakusp, B.C. The mining is part of an agreement giving Bethlehem Resources (TSE) and Goldnev Resources (VSE) the right to buy the Hei…
To diversify its property holdings, Aquiline Resources (VSE) has acquired options on three copper projects in Mexico. The properties, which include the SJ, MDC and CLD, are easily accessible and featu…
MORGAIN MINERALS — Alfonso Daco appointed vice-president of Minera MGM S.A. de C.V. RICH COAST — Randall Pow appointed director. ORCANA RES. — Alfonso Daco appointed vice-president of Minera Orcana…
The results of a 38-hole program representing 4,000 ft. at the Sawyer gold property in North Carolina indicate the potential for three open-pit zones, Minefinders (VSE) reports. One of the pits, to th…
Most North American operations of Toronto-based Indal are being sold to MB Caradon of the United Kingdom. Indal, owned by RTZ Pillar (a unit of New York-listed RTZ), is a diversified industrial compan…
Alberta-listed Gold Vessel Resources continues to perform surface-trenching and geochemical sampling on its CHOCO-6 property in Venezuela’s El Callao district. So far, sampling has turned up two areas…
Toronto-listed Potash Corp. of Saskatchewan (PCS) will buy the potash division of Rio Algom (TSE) for $160 million, plus working capital. Rio retains a royalty interest in the relevant properties. Alt…
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