Cyprus smelter closed for repairs
Colorado-based Cyprus Minerals (NYSE) is shutting down its copper smelter in Miami, Ariz., for four months to repair damage from an incident in early November which involved a breakout of copper matte…
Colorado-based Cyprus Minerals (NYSE) is shutting down its copper smelter in Miami, Ariz., for four months to repair damage from an incident in early November which involved a breakout of copper matte…
The Royal Canadian Mint in Ottawa said it plans to increase the silver content in two of its major collector coin programs. The annual commemorative dollar coin will be struck in 1992 in .925 or sterl…
Minable reserves within the upper eight levels of the former Madsen gold mine near Red Lake, Ont., are insufficient to justify a resumption of operations, according to a study undertaken by Madsen Gol…
The Platoro gold property in Colorado is being placed on a care-and-maintenance basis by its two owners, Panorama Resources (VSE) and a subsidiary of Belgium-based Union Mines, until there is an impro…
The old maxim about finding new mines near old ones has been taken to the extreme by Placer Dome (TSE). The Andacollo copper project, 50 km from this picturesque coastal town, not only is near, but vi…
Claim maps of the Shining Tree area near Cobalt, Ont., are changing almost daily as junior companies position themselves for what could become a major area play. Following the discovery of nickel-copp…
Arimathaea Resources (TSE) reports that all of its US$600,000 principal amount of convertible debentures have been converted and 571,428 shares issued. Also, the company said the expiry date for 461,1…
Dark visions of how a sloth-like economic recovery will affect corporate earnings sent share prices in New York and Toronto tumbling downward during the week ended Nov. 19. Recognizing that stocks are…
Walter Lawrence elected senior vice-president, operations; Eric Hamer elected vice-president and general manager.
By cutting costs and increasing productivity at its international operations, Inco (TSE) will attempt to remain a low-cost nickel producer, Chairman Donald Phillips told analysts in Toronto recently. …
Canadian gold producers were recently issued a new set of accounting guidelines that requires them to change the way they account for gold loans in their financial statements. Effective, Nov. 20, the …
Shares of White Star Copper Mines (CDN) have soared since the junior announced that it is negotiating with a “major mining company” to explore its Kidd Creek area play near Timmins, Ont. White Star’s …
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