The MacDonald mine, a former zinc-gold-silver producer four miles north of Rouyn-Noranda, will be reopened as an open pit zinc operation after Deak Resources (TSE) closes its deal with MacDonald Mines…
Week’s Price (US) Change Gold* $365.75 — $26.45 Silver* $ 4.22 — $0.41 Platinum* $395.55 — $48.20 Nickel** $ 4.13 — $0.15 Lead** $ 0.35 + $0.00 Copper- $ 1.17 — $0.12 Zinc– $ 0.60 — $0.01 Court…
After taking the worst drubbing since Saddam Hussein’s Iraqi forces entered Kuwait, gold managed to regain some of its lustre following the week ended October 16. Pressured by a series of factors incl…
Oct. 16 Oct. 15 Oct. 12 Oct. 11 Oct. 10 HIGH LOW Composite “300” 3009.91 3032.84 3047.94 3055.29 3109.87 4009.47 3009.91 Metals & Minerals 2587.95 2634.56 2624.74 2632.65 2708.95 3453.06 2587.95 Integ…
Development of the Silver Butte polymetallic mine in Douglas Cty., Ore., is reported to be on schedule for startup by the end of the year. Owned by Formosa Resources (VSE), the Silver Butte project is…
The gold price and the platinum price are beginning to move in opposite directions as fears of a world recession take hold. Although prices for both metals rose in initial reaction to Iraq’s invasion …
Newly listed on The Toronto Stock Exchange, Montreal-based VSM Exploration (TSE) continues to intersect high-grade zinc mineralization at the Grevet project, about 40 km northeast of Quevillon, Que. T…
With a salute to Ontario’s mining industry Andy Rickaby, Chairman of the Ontario Mining Association officially opened the province’s first Mining Week Oct. 16. Referring to a huge jumbo rig on display…
It has taken longer than expected, but Westmin Mines (TSE) and Tenajon Resources (TSE) recently announced the closing of a joint venture agreement for ongoing development of Tenajon’s SB gold property…
Selling off its Canadian oil and gas interests will allow Corona (TSE) to place more emphasis on its gold-mining activities and help the company to reduce its debt. President Peter Steen, meeting in T…
Overshadowed by activities on the neighboring Eskay Creek property, joint venture partners Silver Butte Resources (VSE) and American Fibre (VSE) have quietly drilled some 20 holes totalling 10,135 ft….
A valuation report and fairness opinion of the proposed amalgamation of Vancouver companies International Mahogany (TSE), Goldsil Resources (TSE) and Magellan Resources (VSE) was completed recently. U…
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