Increased net earnings reported by 68.8% owned subsidiary Lornex Mining Corp. (VSE) were among the factors which contributed to a profitable first half for Toronto based Rio Algom (TSE), the company a…
Blue chip stocks featured prominently in weekly trading on the Montreal Exchange this week as a slumping gold price led the market lower. Most active issue on the exchange was Falconbridge with more t…
Many in Canada’s mineral exploration industry feel they’re in a state of limbo; activity today is certainly not at the level of 1987’s hectic pace, but neither have the dark days of the early 1980s re…
With gold prices in the $427(US) per oz range and the market still sleepwalking through summer, it’s hardly surprising that there wasn’t much action during trading this week. Volumes were generally lo…
Life has been breathed into another of this bustling mining town’s former producing gold mines. With more than 100 guests on hand, Louis Gignac, president of Cambior Inc (TSE), officially opened the E…
Mono Gold Mines has announced that it has entered into a private placement and flow-through agreement with NIM Resources whereby the partnership has agreed to purchase flow-through shares having an ag…
An aerial view of the newly-opened Holt-McDermott gold mine site, located 25 miles northeast of Kirkland Lake, Ont. The gold mine is the first to open in the historic Kirkland Lake gold mining area in…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Aug 90.90 90.50 90.75 — 1.15 Sep 91.90 90.15 …
Investors scrambled to salvage what little they could following a week-long slump which culminated in a savage 64-pt drop yesterday and today. Last month’ s rally, which set a post-October 19th cras…
A stronger US dollar, talk of higher interest rates and a weaker gold price — the usual culprits — are being blamed for keeping investors on the sidelines of most North American Exchanges, including…
Toronto-based Glencairn Explorations (ASE) is attempting to bring a Brazilian placer diamond operation into production by the second quarter of 1989. Owned by Mineracao Piracicaba of Rio de Janeiro, …
The former chairman and chief executive officer of Seabright Resources says a lawsuit launched against himself and other former directors of the company is without foundation. “The allegations contain…
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