The Vancouver Stock Exchange composite index tumbled below the 500-level during the report period ended July 28 to close at 488.97, down 22.54 points, or 4.4%. The mining index was off 5.3%, losing 19…
The Dow Jones Industrial Average continued its wild ride, jumping by as much as a 100 points during the report period, only to shed up to 200 points by its close on July 28. The average finished the p…
Short positions outstanding at July 15, 1998Larger individual positions include: Abacan Resource 399,500; Abitibi-Consolidated 744,389, down 93,457; Alcan Aluminium 761,322, down 154,803; Anderson Exp…
Junior Tri Origin Exploration (TOE-T) has outlined several promising gold targets at its English gold property near Timmins, Ont.The announcement follows a program of geochemical prospecting and soil …
Toronto-based Eastmain Resources (ER-T) has begun a diamond drill program at the Rocky Lake-Otter Brook property in the Bathurst camp of New Brunswick.The 1,500-metre program will target electromagnet…
Weak gold prices do not appear to be taking much of a toll on Montreal-based Richmont Mines (RIC-T).The company posted net earnings of $1.4 million for its latest quarter ended June 30, up from $1 mil…
Once the Ken Snyder gold-silver mine is up and running early next year, royalty companies Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) plan to turn over operational management to Toronto-…
Record production and lower cash costs at the Eskay Creek gold-silver mine in northwestern British Columbia are strengthening the bottom line of cash-rich Prime Resources Group (PRU-T).Besides Eskay C…
.BMichael ThomasThe regional geophysics section of the Geological Survey of Canada (GSC) focuses on the acquisition, archiving, distribution and analysis of aeromagnetic and gravity data. Historically…
In an attempt to impress on lawmakers the importance of mining in the midwestern U.S., two mining associations recently gave a group of congressional legislators a tour of the region’s network of supp…
Although assays are pending, International Freegold Mineral Development (ILF-V) reports that potentially economic mineralization has been uncovered at its Golden Summit project, 20 miles north of Fair…
A letter-of-intent agreement between Major General Resources (MGI-V) and McWatters Mining (MCW-M) is paving the way for development of the Hammerdown and Rumbullion gold deposits in Newfoundland’s Bai…
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