News


Avino to acquire interest in Nevada silver mine

Under the terms of a new 24-year joint venture agreement, Avino Mines & Resources Ltd. (VSE) has taken over as operator of the Wonder silver and gold mine held under option by Belmont Resources (VSE)….



Market forces send copper prices tumbling

Labor problems and a mine explosion in South America, rising inventories in London Metal Exchange (LME) and New York Commodity Exchange (Comex) warehouses, and backwardation on both exchanges seem to …


Imperial studies $135-million plan for Polley

After analyzing the 1988 exploration program at the Mount Polley copper/gold deposit in south-central British Columbia, project operator Imperial Metals Corp. (TSE) says drilling has successfully conf…


Editorial Bringing the past to life

Rosa Brown was no fool. The little old lady who trooped through Kirkland Lake in the years between the two World Wars accompanied by her pack of dogs may have been eccentric, but she was no fool. They…


Battle Mountain earnings climb 25% for the year

Higher production, slightly higher average realized gold prices, gains on foreign currency transactions and a greater return on short term investments boosted net earnings of Battle Mountain Gold (NYS…




Petromet lawsuit

Petromet Resources (TSE) has started a legal action against Middlefield Resource Fund 1988 Limited Partnership II and its management groups. Petromet alleges that Middlefield agreed to purchase Petrom…


Francis at CIM meet

Well-known business journalist Diane Francis will be the guest speaker at the Canadian Institute of Mining and Metallurgy’s Women’s Night. Scheduled for Feb 10 at Toronto’s Royal York Hotel, the eveni…


Metal Prices (February 13, 1989)

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb 7 Feb 6 Feb 3 Feb 2 Feb 1 Copper 1703-…


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