Gold producer Echo Bay Mines (TSE) has acquired a 10.5% stake in Canarc Resources (TSE) and chosen the Baramita gold property in Guyana for further exploration.The senior acquired the interest by purc…
Wednesday, May 3Week’sPrice (US)ChangeGold*$388.80-$1.05Silver*$5.88+$0.19Platinum*$452.75+$11.75Nickel**$3.17-$0.08Lead**$0.27$0.00Copper$1.25-$0.01Zinc$0.48 $0.00C…
American junior Royal Gold (NASDAQ) and its Athens-based partner, Silver & Baryte Ores Mining, are set to explore for the yellow metal in Bulgaria.The agreement calls for Greek American Exploration, a…
ALUMINUM: MW U.S. market US88.9-89.9 cents per lb. (April 28, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.55-3.65 per lb. (April 20, 1995)…
A decline in production resulted in a first-quarter loss for FMC Gold (NYSE).The closure of the Royal Mountain King mill, combined with a slowdown in heap leaching at the Paradise Peak mine in Nevada,…
Partners Amcorp Industries (VSE) and Verdstone Gold (VSE) are acquiring a molybdenum project in British Columbia in return for $5,000 plus 100,000 shares each.The companies are conducting additional s…
Stronger demand for nickel has led Inco (TSE) to reactivate its Shebandowan mine and mill 100 km west of Thunder Bay, Ont.The property has been maintained on a standby basis since the spring of 1992. …
Surface work at the Sierra Maestra Oriental gold concession in eastern Cuba has uncovered a new discovery, CaribGold Resources (TSE) reports.Mapping and airborne geophysics, along with rock sampling, …
Gold-producer Dakota Mining (TSE) has listed its common shares for trading on the Berlin Stock Exchange under the symbol “DMC.”The move is intended to increase the stock’s liquidity and enhance the co…
A drop in metals prices was partly to blame for a decline in the Bank of Nova Scotia’s commodity price index in March. The all-items index was off 0.8% from the previous month but remained 4% higher t…
At the San Antonio property in Mexico’s Sonora state, drilling continues to return gold values for Laminco Resources (TSE).Recent results include a 105-ft. intersection in hole 79 grading 0.082 oz. go…
High copper prices and low operating costs enabled Magma Copper (NYSE) to post record income for the first quarter.The company earned US$51.8 million (or 82 cents per share), compared with US$7.6 mill…
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