News

Comparing second-quarter financial results of Canada’s major mining and high-tech companies, as reported by the financial press in the week of July 23, reveals some interesting trends. Even comparing …

Following a brief period of peace in the battle for the promising Snap Lake diamondiferous kimberlite system in the Northwest Territories, the directors of Winspear Diamonds (WSP-T) have once again vo…

The Dow Jones industrial average continued its sleepy pace during the report period ended Aug. 1, falling 93.02 points, or 0.9%, to close at 10,606.95.Spot gold on the Comex division of the New York M…

An equity loss related to the Batu Hijau copper-gold mine in Indonesia and a non-cash, hedging-related charge combined to sink second-quarter earnings for Newmont Mining (NEM-N).The company posted a n…

Six months ago dot-coms were the darlings of western markets, and mining stocks were sickly wallflowers. That didn’t seem to be case for the week ended Aug. 1, when Canada’s junior exchange posted los…

Promotion is an undercurrent of the mining business, and companies often boast that their project has geological similarities to the world-class one down the road or over the hill. To some degree, thi…

The song says everybody wants to rule the world, but in reality most people are too busy working and raising families. Some might be tempted, only to realize that others are better-qualified. Some mig…

The Yukon remains a small and specialized economy dependent on mining. Although there has been an increase in the size of government and increased economic diversification, mining remains the most imp…

69.06 (+2.83)(Sept. 30/98 = 100)…

47.75 (-0.82)(Sept. 30/98 = 100)…

More than 1,200 workers at the Falconbridge nickel plant in Sudbury, Ont., went on strike after their contract expired on Aug.1.Negotiations for a new contract between Falconbridge and Canadian Auto W…