Editorial Setting aside funds for mine closure
When an orebody is depleted, mining companies have to ensure safe and complete mine closure, but that responsibility cannot be at such a cost that the mining operation itself becomes uneconomic. Miner…
When an orebody is depleted, mining companies have to ensure safe and complete mine closure, but that responsibility cannot be at such a cost that the mining operation itself becomes uneconomic. Miner…
Newfoundland will introduce a program next spring designed to encourage people to prospect for gold. A 2-week prospecting course will be offered in May at a community college in Stephenville on the pr…
The shareholders of Parlake Resources (TSE) have approved a proposal to grant options to the president and one director of Parlake. Under the incentive program, the Parlake officers will hold options …
Dundee Resources Corp. — 1,800,000 shs offered @ 17 cents per sh. Sundance Resources Ltd. — 2,000,000 shs offered @ 27 cents per sh. Mountain Beaver Resources Ltd. — 2,700,000 units consisting of 1…
The first volume of Yellowknife, N.W.T., an Illustrated History, published recently, is a project initiated by Susan Jackson to commemorate the city’s 50th anniversary celebrated in 1984. Although she…
The board of directors of South American Goldfields (TSE) has been strengthened following the recent completion of a private placement with Ivanhoe Capital Corp. .TControl of the junior gold explorer …
Vancouver-based Grizzly Creek Resources (VSE) says it will increase its interest in Golden Valley Explorations, owner of the Pinkian copper and gold property in the Philippines. Grizzly Creek has a 40…
Shareholders of Black Hawk Mining (TSE) have until Dec. 21 to exercise rights issued at a rate of one right for every 2.3 shares. (Fractional interests in rights will be rounded down to the nearest lo…
Despite a lacklustre gold market, Biron Bay Resources managed to hold on to its recent price gains by closing at $1 on volume of 64,500 shares in the week ended Dec. 11. The company is bullish on the …
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date December 11 December 10 December 7 December 6 December 5 Copper 1274-1276 1279-1280 …
Cost overruns and a shortfall in planned gold production from the Ivanhoe joint venture in Nevada have forced partners Galactic Resources (TSE) and Cornucopia Resources (TSE) to obtain an additional U…
Options Open Series Volume Last Interest Feb. 380 C 162 10.10 884 Feb. 390 C 344 8.50 1,310 Feb. 400 C 380 4.50 1,734 Feb. 410 C 116 3.60 1,382 Feb. 430 C 350 2.70 2,269 Feb. 450 C 300 1.50 843 May 43…
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