Lighter than air and colorless, methane is abundant in nature. It is the main component of natural gas and it is a common accompaniment of coal. While the gas is typically odorless, the commercial pro…
A phase-three, 2-hole drilling program on Fort Knox Gold Resources’ (TSE) Fawcett Twp. property near Shining Tree, Ont., has returned weak copper-nickel mineralization from the south grid. Hole SG-12 …
A slight decline in metal prices in March didn’t prevent Scotiabank’s commodity price index from recording a small gain of 0.8%. Stronger forestry prices and a small gain in energy prices offset decli…
Gold prices have dropped partly because of dumping on the world market, including by the owners of the fraud-riddled Bank of Credit and Commerce International, says Cambior (TSE) President Louis Gigna…
Since the May 9 Westray mine disaster at Plymouth, N.S., rocked the nation, there has been no shortage of critics to say the mine should never have been opened. Everyone is suddenly an expert who beli…
The article “Canada has dismal record for return on gold” (T.N.M., March. 30/92) by Virginia Heffernan caused me to shake a negative head and pick up pen. Although I was weaned (1934-36) as a sampler …
With a sharp eye on costs, Falconbridge Gold (TSE) will be turning more and more to southern Africa (especially Zimbabwe) for its expanding exploration and production. “Regrettably, the company has re…
As rescue workers pulled more bodies from the depths of the Westray coal mine in Nova Scotia today, May 13, Curragh Resources continued its free fall, dropping 5 cents to $3.10. The latest decline fol…
Western markets continued a trend of general weakness during the period ended May 12, with the Vancouver composite index sliding by more than five points to finish at 615.71. The resource index sat un…
Semi-monthly reports as of April 30, showed 25,039,057 shares of 599 issues compared with 26,377,283 shares of 619 issues on April 15. Larger individual positions included: Amax Gold 18,400, down 103,…
Drilling on the Longshot Ridge copper oxide project owned by Kookaburra Gold (VSE) was recently completed with assays for four of 10 holes released. Rennie Blair, president, said the company drilled o…
Toronto-based Kerr Addison Mines (TSE) was forced to break out the red ink in the first quarter of 1992 after taking a $3.2-million writedown on its 46% stake in zinc exploration company RFC Finance (…
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