Copper futures at 5-month high
The expectation in London that economic and political problems in South Africa will soon affect copper supplies recently drove futures prices to a 5-month high of US$1.10 per lb. But Richardson Greens…
The expectation in London that economic and political problems in South Africa will soon affect copper supplies recently drove futures prices to a 5-month high of US$1.10 per lb. But Richardson Greens…
Atlanta Gold (TSE) recently amended the terms of its private placement of stock-warrant units to Consolidated Ramrod Gold (TSE) at the request of The Toronto Stock Exchange. Subject to regulatory appr…
The possibility that Black Gregor Explorations may succeed in enlisting major companies as joint venture partners for its two gold properties has excited investors. In a low-high range of 10-28 cents,…
The American Mining Congress (AMC) supports negotiation of a North American free-trade agreement involving Canada, the U.S. and Mexico but wants negotiators to “proceed carefully and with a clear sens…
Without being old-fashioned, Placer Dome’s Sigma mine in Val d’Or, Que., retains the flavor of years gone by. Individual miners work in pairs or small groups, following veins of gold with should-hefte…
Based on a recent option agreement, Gold Fields Canadian Mining will take over as operator of the Forgold property, 30 miles from the Eskay Creek deposit north of Stewart, B.C. Field work is now in pr…
After months of considering various development, milling, and underground exploration options for the Holloway project 40 miles east of Matheson, Ont., Noranda (TSE), as operator, has reached the fina…
A 1,500-metre hole designed to test the Wanapitei anomaly northeast of Sudbury, Ont., recently got under way. As operator of the “Mirage project,” Falconbridge has collared the deep hole in Sheppard T…
Partners Aur Resources and Societe Miniere Louvem expect the capital cost of developing their Louvicourt Twp. massive sulphide deposit east of Val d’Or, Que., to be well over $300 million. The two com…
Equal partners Uranerz Exploration and Mining and Cameco (TSE) have recovered 160 diamonds from kimberlites on their Fort a la Corne prospect east of Prince Albert, Sask. Although the average weight o…
A summer visit to the Bousquet No. 2 gold-copper mine of LAC Minerals (TSE) 25 miles west of Malartic, Que., helped securities firm Midland Walwyn in deciding to issue a “buy” recommendation for the l…
Former rivals International Corona (TSE) and Placer Dome (TSE) have reached an agreement for the joint development of the Eskay Creek gold project north of Stewart, B.C., with a view to bringing the p…
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