News

Falconbridge Ltd. (TSE) says the adjusted subscription price for its common share purchase warrants, which expire July 27, 1989, will be $24.69, assuming the previously- announced $4.75 per share divi…

After having achieved gold production within three years of a public listing — a rare enough accomplishment for a junior mining company — Black Swan Gold Mines (VSE) now expects to pay back its shar…

There aren’t many junior explorers around which can walk into an exploration property and expect to be in production within a year. But that is the position which Petromet Resources (TSE) and joint ve…

Canada’s biggest secondary producer of gold is one of the largest copper refiners in the world. Canadian Copper Refiners (CCR), which traces its beginnings back to 1928 when a business decision was ma…

Agnico-Eagle Mines (TSE) and Hecla Mining of Coeur d’Alene, Idaho, announced that, subject to approval of their boards of directors, the companies will form a joint association for exploration of prec…

Recent drilling on a project located in a historic gold mining district straddling the Nevada/Utah border has returned “positive” drill results, according to joint venture partners Energex Minerals (T…

Energy is used to generate electricity far more than it is used for any other purpose. Industry accounts for about a quarter of the world’s energy consumption, transportation a little less than that a…

Initial results from the Bannockburn gold project near Madoc, Ont., suggest there is the potential for a small (200-ton-per-day) underground mining operation, Micham Exploration (VSE) and Mono Gold Mi…

Amer Barrick — R. M. Smith sold 28,000 to hold 48,860. Armsher — E. Sheriff sold 120,833 to hold 500,000. Audrey — Northgate Expl bought 1,809,155 (private) to hold 1,950,000. Augdome — A. Kohn so…

Already under way with an underground exploration program at its former-producing Surlaga gold property near Wawa, Ont., Citadel Gold Mines (TSE) reports additional results of surface exploration on t…

Underground exploration at Tenajon Silver’s (VSE) SB property 19 miles north of Stewart, B.C., has encountered encouraging gold values along with massive sulphide mineralization. Tenajon, the operator…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Aug — — 96.00 — 3.15 Sep 97.65 92.80 94…