Canada retained its position as the top world user of gold for coinage during 1990, requiring more than one million oz. to mint the popular Maple Leaf bullion coin, according to a report published by …
Vancouver-based Royal Oak Mines (TSE) has collapsed its gold hedging program in order to pay down long-term debt. As of June 30, Royal Oak had hedged 100,000 oz. of gold at an average delivery date pr…
Sunny weather and higher than normal attendance helped the Women’s Association of the Mining Industry of Canada raise funds for bursaries, scholarships and charities at its annual picnic Sept. 7. “It …
Toronto-based Wheaton River Minerals (TSE) says it intends to start a feasibility study at the Skukum Creek gold and silver property near Whitehorse, Y.T., after acquiring the project from Omni Resour…
The province of Sas-katchewan, through CIC Mining Corp., has sold 7.3 million special warrants of Potash Corp. of Saskatchewan (TSE) for proceeds of close to $137 million. Priced at $18.75 each, the s…
A $15-million expansion program, designed to support an increase in production to 2,000 from 1,500 tons per day, will begin immediately at the East Malartic mill, says owner LAC Minerals (TSE). The ex…
In concert with numerous other juniors looking further afield for promising mineral properties, Taywin Resources (VSE) recently announced it is participating in a Mexican exploration program involving…
Week’s Price (US) Change Gold* $347.50 – $ 1.10 Silver* $ 3.97 + $ 0.04 Platinum*$346.50 + $ 2.50 Nickel**$ 3.64 + $ 0.12 Lead** $ 0.25 + $ 0.01 Copper $ 1.06 + $ 0.03 Zinc $ 0.47 + $ 0.01 Courtesy of…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Sep 10 Sep 9 Sep 6 Sep 5 Sep 4 Copper 1352-1353 1354-1355 1368-1370 1352-1354 1344-1…
The purchase of a controlling interest in Rembrandt Gold Mines (ASE), along with a fully diluted 43.6% controlling interest in Suntac Minerals (VSE), has given Canarc Resources (VSE) and its principal…
The Westray coal mine in New Glasgow, N.S., was officially opened recently by Clifford Frame, chairman of affiliated Curragh Resources (TSE), the lead-zinc producer which also announced a debenture of…
With the recent acquisition of interests in two porphyry copper properties, New Canamin Resources (VSE) has joined the search for the next copper mine in British Columbia. The company recently signed …
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