A longtime shareholder of Lassie Red Lake Gold Mines (COATS) says that Placer Dome (TSE) got a bargain when it paid $225,000 to gain control of the Toronto company. Lassie Red Lake, whose sole asset i…
A $2-million bank facility has been arranged by Rouyn Mining Resources (TSE) to help pay for the company’s share of costs at the Francoeur gold mine near Rouyn- Noranda, Que. Rouyn Mining, with a 50% …
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jun113.50 113.40 113.60 — Jul116.40 114.00 114.50 + 3.90 Sep114.30 112.40 112.80 …
The proposed merger between Granges Exploration (TSE) and Goldbelt Mines (VSE) has been scuttled by dissenting shareholders. More than two million shares were received by Granges in proxy form opposin…
Even in the worst of situations, it’s wise to look on the bright side. To concentrate too much on life’s little setbacks is not good for one’s health. In that light, we take our hat off to James Cap…
The main challenge facing Giant Yellowknife Mines (TSE) is reducing operating costs and increasing the profit on each ounce of gold produced, President Adrian Fleming said at the annual meeting. Giant…
With a positive feasibility study in hand, Atlanta Gold Corp. (TSE) says it is moving ahead to complete the permitting and project financing for its 100%- owned Atlanta Gold project in Elmore Cty., Id…
Granges Exploration (TSE) reported net income of $655,000 in the first quarter, compared to a $250,000 loss for the same period a year earlier. The latest results included gold production from the com…
A new study is planned to look at the impact of state taxes on the mining industry. “State tax structure is an important factor in determining whether or not a mine project is economically attractive,…
The Metals Week Second Aluminum Symposium will be held Sept 25-26 in Montreal. Entitled “Facing the 90s,” the symposium will concentrate on the effect of the recent dramatic rise in aluminum prices. I…
Up until several years ago, the height of ambition for a junior company with a promising property was to strike a joint venture deal with a major mining concern, hopefully with one benign enough to le…
Attributing the loss to lower revenues from the Galena silver mine in Idaho, ongoing problems at the Ropes gold mine in Michigan, and high exploration expenditures, Callahan Mining (NYSE) reported a l…
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