Despite higher-than-normal stainless mill demand, metal prices remain in their seasonal doldrums with only the rumor mills really active. There is massive speculation about 1994 Russian production lev…
A new mill is being constructed at the Stillwater mine in Montana, which should double its yearly output of platinum and palladium by 1997. Owned by Stillwater Mining, which was originally a joint ven…
The search for minerals in South and Central America is by no means restricted to Canadian companies. Colorado-based Canyon Resources (NASDAQ) has exploration offices and staff in Argentina, Venezuela…
Shareholders of Royal Oak Mines (TSE) voted 95.7% in favor of the company’s revised takeover offer for Lac Minerals (TSE) at a special meeting here. Royal Oak is now offering, for each Lac share, the …
The latest round of what has been referred to as an “auction” of Lac Minerals (TSE) saw initial bidder Royal Oak Mines (TSE) increase its offer to $2.4 billion. And million-ounce gold producer Lac too…
Having spent US$2.3 million on a due diligence investigation, Echo Bay Mines (TSE) has decided not to participate with Canyon Resources (NASDAQ) on a proposed joint purchase of an interest in the McDo…
The commodity price index of Scotiabank dipped slightly in June from the previous month. A pickup in the metal and mineral and oil and gas sub-indexes was offset by a decline in the forest product ind…
Two territorial mining organizations hope to intervene in a court challenge to existing federal mining regulations. The Canadian Parks and Wilderness Society (CPAWS) is challenging the legality of the…
A new dispute is brewing between Black Swan Gold Mines (TSE) and Goldbelt Resources (VSE). The companies are at odds over a settlement agreement made in January, 1992, regarding the Leninogorsk gold t…
Improved second-quarter and first-half results are attributed by Noranda (TSE) to stronger prices and improved sales volumes for many of the company’s principal products and to more favorable currency…
A sobering dose of reality hit the Canadian diamond play this past week as disappointing results were released by Kennecott Canada from the DO-27 (Tli Kwi Cho) kimberlite in the Lac de Gras region of …
The proposed acquisition of all the shares of St. Philips Resources (VSE) by Vengold (TSE) will not proceed. Vengold had offered to purchase all the issued shares of St. Philips in return for Vengold …
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