Although it was staked 65 years ago, the Lightning gold zone in northeastern Ontario was only discovered in 1984. Now, after a protracted session of haggling over ownership interests, the property’s s…
Commercial production at the Castle Mountain gold mine in eastern California was established in early April of this year, just six weeks after startup. It was good news for operator and 75% owner Vice…
More and more miners are crossing the picket line at the Giant gold mine near Yellowknife, N.W.T., where a labor dispute has kept most union workers off the job since May of this year. The dispute ran…
My application for an Ontario Prospectors Assistance Program grant was made in 1991 and 1992 and for both years turned down. In this regard I am compelled to condemn the approval for application for t…
The mayor of this northeastern Ontario city is encouraging other gold-dependent communities to lobby together against the sale of the yellow metal from federal government reserves. Mayor Vic Power say…
Shareholders of Asamera Minerals (TSE) recently voted in favor of a proposal to privatize the company effective Aug. 1. Minority shareholders will receive $1.40 per common share under the terms of the…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Aug. 4 Aug. 3 July 31 July 30 July 29 Copper 1298-1299 1293-1294 1340-1341 1308-1309…
Aug 4 Aug 3 July 31 July 30 July 29 High Low Composite”300″3426.04 N/A 3443.42 3425.63 3424.62 4009.47 3009.91 Metals&Minerals 3050.08 N/A 3076.69 3069.92 3081.65 3453.06 2502.63 Integrated Mines3211….
A planned reverse takeover of West Pride Industries (VSE) will result in a change in the company’s principal business. West Pride reached an agreement in principle to purchase all the outstanding shar…
Increased earnings and lower output of potash was reported by Potash Corp. of Saskatchewan (TSE) during the second quarter and first half of 1992. The Saskatoon-based company produced 900,412 tonnes d…
Generally disappointing assay results were received from the drilling of five separate target areas on the gold project of Monte Carlo Gold Mines (ASE) and Auromar Development (VSE) on the Caribbean i…
While the metallurgist has accomplished technical marvels — recovering upward of 85-90% of the valuable minerals from low-grade ores — he has also created a mountain of a problem; namely, millions o…
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