Equinox’s Van Stone resumes production
Eleven months after completing the purchase of the Van Stone zinc-lead mine in northeastern Washington State, Equinox Resources (TSE) has brought the former producer back into production. Van Stone wa…
Eleven months after completing the purchase of the Van Stone zinc-lead mine in northeastern Washington State, Equinox Resources (TSE) has brought the former producer back into production. Van Stone wa…
Results for the year ended Dec. 31 for Hycroft Resources & Development (VSE) improved over the previous year as a result of higher sales and lower writedowns. The company reported a loss of $141,000 f…
Resource giant Noranda was conspicuous during the week ended March 12 as it moved to pare down a potentially crippling $3.9-billion debt load. Confirming speculation that emerged on Toronto’s Bay Stre…
Week’s Price (US) Change Gold* $365.20 +$ 1.70 Silver* $ 4.06 +$ 0.23 Platinum* $406.50 +$ 8.00 Nickel** 3.90 +$ 0.09 Lead** $ 0.27 Copper*DA $ 1.10 Zinc*DD $ 0.54 -$ 0.01 Courtesy of Scotiabank. Info…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date March 12 March 11 March 8 March 7 March 6 Copper 1298-1299 1292-1293 1300-1302 1287-…
Based on a recent letter of intent agreement,Teck (TSE) plans to spend $200,000 this year exploring the MGMshale-hosted, polymetallic massive sulphide prospect, 75 milesnorth of Golden, B.C. Teck may …
Writedowns totalling US$39.7 million pushed Galactic Resources (TSE) into a US$36.7-million loss for the year ended Dec. 31. The writedowns included charges against the company’s Summitville mine, its…
With our mining industry facing more hurdles and challenges today than ever before, there’s yet another ominous cloud looming. It’s that rising hue and cry for massive native land claims that could le…
Toronto-based Repadre Capital (VSE), 49% owned by Corona (TSE), has signed a formal joint venture agreement with AMPAL Ltd. of Botswana to explore for diamonds in the African country. Under the agreem…
Despite an 11% increase in gold and gold equivalent production, Corona (TSE) reported slightly lower earnings in 1990 over those reported in 1989. The company’s 1990 net earnings reached $9.2 million,…
Riviera Explorations Ltd. (RE:VSE) has changed its transfer agent to Pacific Corporate Trust Co.
Falconbridge, a private company held equally by Noranda (TSE) and Trelleborg AB of Sweden, is reducing zinc production at its Kidd Creek, Ont., division by 20,000 tonnes (22,000 tons) this year. Falco…
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