The disturbing tumble of the U.S. dollar and the failure of the Fed to effectively curtail the free fall by boosting interest rates, continues to fuel the stellar performance of gold bullion. The pric…
A $2.5-million financing and a listing on the Toronto Stock exchange has assured Colray Resources of adequate funds for a major expansion activity in some of its Canadian projects. The Saskatoon, Sask…
Spot closing prices in Pound Sterling per tonne Date May 19 May 18 May 15 May 14 May 13 Copper 916.50-917.50 922-923 922-923 905-906 916.5-917.5 Lead 412-415 …
Minister of State for Mines Gerald Merrithew has unveiled here a new federal mineral policy, which presents a 6-point program designed generally to help get the mining industry in Canada back on track…
Gorham International has published its fourth study on asbestos and asbestos replacements since 1980, An Assessment of Asbestos Replacements: Economic, Performance and Technical Considerations. Despit…
Looking to make more money from gold investments? You might do worse than read a new book on the subject, The Complete Book of Gold Investing, by Jeffrey A. Nichols. The book is published by Dow Jones…
With no bank debt and a $10-million line of credit, Total Erickson Resources is looking for a new acquisition in either the oil and gas or mineral sectors. President Jean-Pierre Januard also told the …
A $150,000(US) development drilling program has begun at the Valdez Creek placer gold mine in Alaska, and stripping operations are expected to get under way there in early June. The work program opens…
Workers at the Belmoral Mines mill and mine at Val d’Or, Que., have agreed to a new two-year monetary package after shutting down operations for a couple of days with a work stoppage. The 265 workers,…
Thirteen new gold mines that are expected to start up this year in the United States will add more than a half-million ounces of production capacity to that country’s annual gold production, the Metal…
Sunrise Metals Corp. (vse) has optioned its Mayfair gold property in the Atikokan-Fort Frances area of northwestern Ontario to Noranda Exploration Co. Under the terms of the agreement, Noranda can ear…
Week’s High Low Close Change PLATINUM (in US$ per oz.) May 614.00 614.00 614.90 — 2.30 July 627.00 615.00 619.90 — 3.30 Oct. 633.00 622.00 …
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