Preferred shareholders of Potash Co. of America recently rejected a proposal to amalgamate the company with Rio Algom, which controls almost 88% (all of the common shares) of the company. Potash Co., …
Drill programs are under way at two properties held by Golden Princes s Mining in Ontario. Noranda Exploration has commenced drilling on the Nickel Offsets property near Timmins. The objective of the …
Additional encouraging drill results have been received by Power Explorations from the company’s Dryden gold project held in joint venture with Van Horne Gold Exploration. The property is located five…
Reflecting the depressed price for potash, a loss of $103.4 million was recorded by the Potash Corp of Saskatchewan in 1986, the company’s 10th year of operation. The Crown corporation’s $810-million …
Madeleine Mines has a major program in hand here that will see Canada’s first platinum-paladium mine in full scale production within a year. A big open pit orebody, this will be an extremely low cost …
A combination of stronger gold prices and increased gold production has enabled Lac Minerals to chalk up an impressive quarter. For the second quarter ended June 30, the company realized total earning…
Drilling has established a reserve of 100,000 tons grading 0.35 oz gold at Black Swan Gold Mines’ Merriland property in Queensland, Australia. The company is operator for the project and has a 60% int…
July 21 July 20 July 17 July 16 July 15 Gold London Bullion Dealers afternoon (morning) $US per oz. 452.40(452.50) 450.90(449.65) 450.60(452.50) 453.75(452.90) 452.70(448.25) Gold Bank of Nova Scotia…
Mining issues are enjoying the benefits of firming metal prices, both base and precious. For the week, of 292 issues which traded 124 advanced versus 91 which declined. Although the tse composite slip…
An arbitrator has ruled that Granges Exploration and Hycroft Resources and Development will not have to pay a royalty to the lessor of the Lewis mine property, a small heap leach operation in Nevada. …
Spot closing prices in Pound Sterling per tonne Date July 21 July 20 July 17 July 16 July 15 Copper 1024-1025 1024-1025 1015-1017 1016-1017 1004-1005 Lead 408-409 410-411 …
The Vancouver market has moved back into neutral territory following yesterday’s 16-point loss. By presstime, the VSE index was up marginally to 1,860.6 pts and most issues were trading within narrow …
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