The recent precipitous drop in the price of gold is both damaging to some investors and alarming to the wider public.For centuries, gold has been an important yardstick by which we measure the wealth …
Final figures for 1997 show that exploration and deposit appraisal expenditures in Canada totalled $820.2 million, compared with $894.8 million in 1996, a drop of nearly $75 million.According to Natur…
The engineering and construction arm of London-based Kvaerner has been awarded a $9-million contract to upgrade the copper production facilities at Inco’s division in Thompson, Man.The 3-stage project…
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The Dow Jones industrial average fell slightly during the report period ended June 28, closing down 66.48 points, or 0.6%, at 10,655.15.Metal producers perked up as the price of both copper and gold s…
During the holiday-shortened report period ended June 28, the Vancouver Stock Exchange composite index tacked on 5.75 pointts, or 1.35%, to close the week at 430.48. The mining index rose 3.70 points,…
Encouraged by northern Ontario’s newfound diamond potential, Kennecott Canada Exploration has signed a deal to earn majority interests in properties comprising more than 200,000 ha near the town of Wa…
Drill-testing of down-hole conductors has led to the discovery of a second zinc-silver horizon at the Sheraton massive sulphide project in Timmins, Ont., reports Cross Lake Minerals (CRN-V).Starting 6…
July 5 Celtic July 5 Jourdan July 6 Blue Gold July 6 Melanesian July 6 Telford July 7 Victory July 8 Fairhaven July 8 Kicking Horse July 8 Polymet July 8 Rhonda July 8 Ste-Genevieve July 9 Bren-Mar Ju…
Australia’s Broken Hill Proprietary (BHP-N), the second-largest copper producer in the world, will close its North American operations as a result of persistently low prices for the red metal.The anno…
Alaskan-focused Ventures Resource (VRS-V) continues to explore the 1,500-sq.-mile Veta property, east of the Pogo discovery in the east-central part of the state.The 1999 program, budgeted at $2.3 mil…
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