A number of gold-bearing quartz veins have been discovered in South Greenland by Nunaoil, an exploration company owned 50% by the Danish government and 50% by Greenland’s Home Rule government. The lar…
In the early 1930s, the mining community of Geraldton, Ont., became an exciting beneficiary when the U.S. increased the price of gold by 75%. Gold became an important motivator. In Timmins, Ont., the …
The depressed state of the Canadian mining industry is sending companies abroad with different strategies in the search for new business opportunities. Kilborn Engineering and Construction Ltd., for e…
Noted mining broker Cuthbert (Cuffy) Batten Dixon died of a heart attack on Nov. 22. He was 83. Born and educated in Cobalt, Ont., Dixon started as an underground miner at the Wright-Hargraves gold mi…
The governments of Canada and British Columbia recently agreed to spend $10 million over five years to strengthen and diversify the western province’s mineral industry. British Columbia Mines Minister…
After a far-reaching search, Placer Dome (TSE) appointed John Willson as president and chief executive officer to replace Anthony Petrina who resigned from both positions in mid-September of this year…
ALUMINUM: MW U.S. market US52.25-53.00 cents per lb. (Nov. 5, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992…
Week’s Price (US) Change Gold* $334.75 – $0.65 Silver* $ 3.76 – $0.01 Platinum* $356.25 + $2.75 Nickel** $ 2.47 + $0.04 Lead** $ 0.21 $0.00 Copper $ 0.97 $0.00 Zinc $ 0.48 + $0.01 Courtesy of Scotiaba…
A slowdown in mining exploration coupled with recent mine closures in the Chapais-Chibougamau region has forced the Quebec government’s mining exploration company Soquem to revise its exploration stra…
Nov.24 Nov.23 Nov.20 Nov.19 Nov.18 High Low Composite”300″3259.25 3258.26 3263.86 3233.73 3231.68 4009.47 3009.91 Metals&Minerals 2579.06 2570.58 2572.54 2541.96 2534.99 3453.06 2502.63 Integrated Min…
Toronto junior Roxmark Mines (TSE) has recently concluded agreements on two gold properties near Geraldton, Ont. In one deal, Roxmark, through its subsidiary Beaurox Mines, has purchased Ateba Mines’ …
Consolidated Regal Resources Ltd. (KRE:VSE) has changed its name to Fresco Developments Ltd. (FDP:VSE) with a consolidation of capital on a 1-new-for-2.5-old-share basis. The transfer agent is Montrea…
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