Inmet posts profit in second quarter
Thanks to higher copper and zinc prices, as well as drops in both cash costs and exploration expenditures, Inmet Mining (IMN-T) was able to post a profit for the second quarter.For the three months en…
Thanks to higher copper and zinc prices, as well as drops in both cash costs and exploration expenditures, Inmet Mining (IMN-T) was able to post a profit for the second quarter.For the three months en…
The Toronto Stock Exchange finished with another record high close on July 29, finishing the trading period at 6,801.17 — a gain of 86.92 points — over the trading period July 23-29.The Canadian dol…
Once again, partners Rio Algom (ROM-T) and Inmet Mining (IMN-T) have boosted the resource estimate of the Antamina copper-zinc deposit in Peru.The total in-pit resource is now pegged at a minimum of 5…
Senior officers of Sutton Resources (STT-V) were active in the market in March and April of 1997, according to the Ontario Securities Commission.James Sinclair, director, exercised 130,000 options at …
Drought in the highlands of Papua New Guinea (PNG) is hampering mine operations there.At the Porgera gold mine, 50% owned by Placer Dome (PDG-N), mill operations were suspended June 1 owing to low wat…
Lower copper prices over the past year may have contributed to a sluggish year for Rio Algom (ROM-T), but Chairman Gordon Gray is confident the company will eventually become Canada’s premier copper p…
Western markets continued to grapple for footing over the report period ended April 29. The Vancouver Stock Exchange composite index was down 12.45 points, or 1.2%, at 1,022.69, while the resource ind…
Two diamond drills are operating in a 37-hole program at junior Adrian Resources’ (ADL-T) Petaquilla property in Panama.Situated 125 km west of Panama City, the property comprises 2,086 sq. km and con…
Adrian Resources (ADL-T) has raised $1.7 million by selling 500,000 of its shares to senior partner Teck (TEK-T).The major has until Jan. 21, 1998, to complete a bankable feasibility study for Adrian’…
The Vancouver Stock Exchange composite index remained flat over the report period ended Oct. 8, slipping 5.59 points to close at 1,199.91. The resource index, meanwhile, finished up 21.53 points at 2,…
The Toronto Stock Exchange composite index set four records in five trading days over the report period Sept. 18-24, to finish at 5299.66 points, up 31.18 points, or 0.6%, on the week.Trading volumes …
Discovery of a new zone south of the main deposit on the Chevier property near Chibougamau, Que., is expected to boost the project’s resources, reports GeoNova Explorations (GNE-M).Hole 126 intersecte…
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