Asbestos miners in Thetford Mines may soon have a new mine in their unemployment-stricken area of Quebec’s eastern townships. Carey Canada Inc., which shut down its asbestos mine in the area, has disc…
Another big U.S. company, U.S. Borax & Chemical Corp., has decided to get out of the mining business. In a deal scheduled to be closed this month, Jascan Resources Inc., a Toronto-based junior, has ag…
“Low inflation and high real interest rates are not the stuff commodity price increases are made of,” Anthony Bird, an independent economic consultant, told members of a gold conference in London, Eng…
Seaway Base Metals, which had its “cease and desist” order lifted by the Ontario Securities Commission, began trading Monday and closed the week at 40-45 cents on a volume of 61,100 shares. National …
Morrison Petroleums has declared a stock dividend of one common share of Morrison Minerals for each common share held, payable Mar 23 to shareholders of record Mar 20.
Week’s High Low Close Change COPPER (in US cents per lb.) March 63.50 62.75 63.45 + 0.55 May 63.45 62.70 63.40 + 0.5…
Construction work on surface facilities continues uninterrupted as underground development nears the Main zone deposit at Granges Exploration’s Tartan Lake project near Flin Flon, Man. The drive into …
Following the completion this month of a $12.4-million share offering by Novamin Inc., the mineral explorer will be essentially debt free and busy with an $8-million exploration program. A large part …
Many of the roughly 2,000 delegates came to last week’s Prospectors and Developers convention seeking relief from their fear that flow-through share funding for mineral exploration is doomed. They had…
Consolidated Professor Mines reports early results from drilling at its Duport gold property at Shoal Lake, Ont., include some “excellent” intersections from deep surface holes. The holes, the company…
A $3-million private placement of shares and warrants with institutional investors in Europe will fund the final push at Augmitto Explorations’ gold property located five miles south of here. Arranged…
A drill program with two machines is under way at Tandem Resources’ Moss Lake project, about 70 miles west of Thunder Bay, Ont., says President Stanley G. Hawkins. The drill program is from the ice of…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.