A sharp contrast between the fortunes of two of North America’s premier gold producers emerged during the week ended Feb. 4, as Placer Dome and American Barrick Resources laid their cards on the table…
With mineral exploration in British Columbia and the Yukon in the doldrums, diamond exploration and where best to take Spanish or Russian lessons were popular topics for discussion among the approxima…
Ontario mining representatives have advised Premier Bob Rae that he may not be serving the industry well if he asks Northern Development and Mines Minister Shelley Martel to resign from cabinet over c…
Anyone who has had business dealings with J.P. (Pat) Sheridan agrees one would have to get up early to outwit him — a deal maker extraordinaire. Somewhat of a loner and gadfly but with the patience o…
Feb 4 Feb 3 Jan 31 Jan 30 Jan 29 High Low Composite 300 3618.07 3594.40 3596.12 3605.80 3598.61 4009.47 3009.91 Metals & Minerals 3033.86 3029.84 3017.05 3051.55 3078.97 3453.06 2502.63 Integrated Min…
A letter of intent between a Northfield Minerals (ASE) subsidiary and Hemlo Gold Mines (TSE) has paved the way for further exploration on the Swansea gold project about six miles west of Virginiatown,…
Recently armed rebels known as the Touharegs attacked Canadian drilling company St Lambert’s camp in Takanamat, Africa, at 3 a.m. Although the crew members, from Quebec, did not suffer from any injuri…
A joint venture agreement has been reached between Wrightbar Mines (ME) and the Quebec government’s mining exploration company Soquem for exploration of Wrightbar’s Puiseaux Twp. gold property in nort…
The federal government has arranged to sell 5.9 million special warrants, or about 11.5%, of Cameco (TSE) to the public at $14.60 per warrant. Each warrant will entitle the holder to receive one commo…
London Metal Exchange pot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb 4 Feb 3 Jan 31 Jan 30 Jan 29 Copper 1202-1203 1204-1205 1220-1221 1222-1224 1211-…
A new agreement between the federal and Ontario governments and the Nishnawbe-Aski First Nation has caused a lot of problems for Sandy Lake Resources. The private company has been prospecting on minin…
A drill hole recently completed on Kingswood Explorations’ (ASE) Devon gold property northeast of Matheson, Ont., intersected three narrow, steeply dipping quartz veins containing high-grade gold. Res…
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