Trading activity remained in a sluggish trend during the week ended June 12 as falling gold prices and a shaky economy continued to put a damper on investor enthusiasm. The gold and silver index took …
A Canadian subsidiary of ASARCO (NYSE) recently entered into an agreement to earn a 50% interest in Eureka Resources’ (VSE) Frasergold property in central British Columbia. Under its terms, ASARCO is …
Bridger Resources (VSE) reported a reduction in gold production at the new La Pepa mine near Copiapo, Chile, because of mechanical problems during the startup phase of operations. The mine is operated…
High-grade gold assays have been reported by Jascan Resources (TSE) from recent drilling by Uranerz on its Dawson gold property, four miles west of Canon City, Colo. Uranerz, a subsidiary of Uranerzbe…
A private investor, Robert Guy, has purchased 1.84 million shares of Royal Gold Enterprises. Guy bought the shares from 534910 Ontario, a company that he and his wife control. Together, Margaret and R…
An agreement covering the sales and distribution of graphite in central Europe has been announced by Societe d’Exploration Miniere Mazarin (ME). The junior is developing a flake graphite property near…
Options Open Series Volume Last Interest Aug. 360 C 201 10.50 152 Aug. 370 C 154 6.00 369 Aug. 380 C 128 3.40 864 Aug. 400 C 250 1.00 1,838 Nov. 370 C 102 12.00 163 Nov. 380 C 127 8.00 311 Nov. 400 C …
Improving mining’s public image will be the challenge Keith Hendrick faces as he steps in as chairman of the Mining Association of Canada this month. “Mining is the foundation of the Canadian economy….
Companies with silica deposits or stock piles of silicious ore within 100 km of Timmins could find a market for that material at Falconbridge which is currently seeking silica to use as flux at its co…
Last year’s closure of the Star Lake gold mine in northern Saskatchewan was reflected in the 1989 financial results of Starrex Mining (TSE). The company, which holds a 35% interest in the Star Lake mi…
It may not garner as much news coverage as the exploration for precious and base metal deposits, but the search for industrial minerals is a serious undertaking of more than a few mining companies. Te…
As part of an attempt to recover from a $7.9-million loss in 1989 and a writedown in the value of a Mexican affiliate, Edmonton-based Terra Mines (TSE) recently announced some boardroom changes. Forme…
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