Hudson Bay Mining & Smelting has announced a $17-million underground development program at its Chisel North zinc deposit near Snow Lake, Man.The company plans to drive a 2.6-km decline from the 140-m…
Agnico-Eagle Mines (AGE-T) has sold its Pell mill site in Cobalt, Ont., to the Canadian subsidiary of East Hampton, N.Y.-based Sabin Metal. Privately held SMC Canada picked up the former mill for an u…
Partners High River Gold Mines (HRG-T) and TVX Gold (TVX-T) report a drop in cash costs at their equally owned New Britannia gold mine in northern Manitoba.The underground operation turned out 24,660 …
Recent insider trading, as reported by the Ontario Securities Commission in its OSC Bulletin, includes the following transactions:* .TAmerica Mineral Fields (AMZ-T) — Mark Collins, director, was gran…
The Vancouver Stock Exchange composite index took a nosedive during the report period ended Aug. 11, dropping 21.87 points, or 4.6%, to finish at 456.49. The mining index followed suit, plummeting 20….
Aluminium: LME settlements US$1,291.50, alloy US$1,144 per tonne (Aug. 11/98).Antimony: Representative mid-market US$1,310 per tonne (Aug. 11/98).Bismuth: Representative mid-market US$3.55 per lb. (Au…
Fleck Resources (FLK-V) has changed its name to Polymet Mining (POM-V).
Gold Funds as of July 30, 1998BGRCentralNet Value$13.81$6.18Price$10.20$5…
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The chief negotiator for the Newfoundland government says Inco (N-T) may face the denial of a mining lease for the Voisey’s Bay project in Labrador if it does not agree to build a smelter and refinery…
Despite low gold prices, Placer Dome (PDG-T) generated stronger cash flow and improved earnings in the 3-month period ended June 30.With production costs reaching a new low of US$150 per oz., includin…
Duncan Bain and N.R. Newson appointed directors.
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