Opemiska, the mine that was the backbone of Minnova’s (TSE) operations for almost 40 years before being mined out this year, may live on as a milling facility for ore mined from other deposits in the …
The Toronto Stock Exchange refused to accept a proposal by Northair Mines (VSE) to consolidate the company’s stock on the basis of one new share for every five existing shares and to increase the auth…
Following an agreement between Joutel Resources (TSE) and Aur Resources (TSE), Joutel’s 26-claim copper-zinc prospect in northwestern Quebec will be given a second look. Under the agreement, Aur has …
Preliminary reconnaissance geochemistry by X-Cal Resources (VSE) has outlined anomalous gold values on both the Kamma and Wild Rose claims under option from Equinox Resources (TSE) in Pershing Cty., N…
The Canadian mineral industry ranks close to the top in the global production of 19 commodities. Energy News-Record, a New York-based magazine, places Canada third after the U.S. and Britain in the ex…
When governments have a need for more revenue, it seems the political thing to do is to tax our successful individuals and enterprises a little bit more. We have already passed the point where this t…
Toronto-based Brunswick Mining & Smelting (TSE), the 67% owned Noranda (TSE) subsidiary, says it is laying off 100 workers from its Belldune smelter in New Brunswick as part of a workforce restructuri…
Faced with a 48% short-term drop in the value of its shares, Glimmer Resources (VSE) is scrambling to come up with ways to increase shareholder liquidity. Trading on an anemic Vancouver market, Glimm…
A drilling program at the Haile gold mine in South Carolina is returning a number of good intersections as Amax Gold (NYSE) continues its earn-in program. The best hole returned a 110-ft. intersectio…
Options Open Series Volume Last Interest The New York closing gold price was $367,80 per oz. Last quotations for gold options traded in Montreal and Vancouver as provided at the close of trading each …
Weaker metal prices in May helped push the all-commodity price index of Scotiabank down by 1% from April. “Base metal prices moved significantly lower in May and June. Copper and nickel are still at…
A 6,000-ft. drilling program is under way at the Birk Creek property in the Adams Plateau area of south-central British Columbia. Falconbridge, operator of the program, can earn a 60% interest in the…
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