A strengthening gold sector and stable U.S. interest rates did little to boost the Toronto Stock Exchange over the 5-day report period ended Sept. 27. The composite 300 index dropped 16.09 points to e…
Gold took a couple of runs at the US$400-per-oz. level over the report period ended Sept. 27, settling in the area of US$397. The bullion action appeared to help major producers while the junior marke…
A 75-hole, 6,000-metre program of definition drilling has been completed at Geomaque Explorations’ (TSE) San Francisco gold project in Mexico’s Sonora state. The program was designed to provide additi…
Continued support for the uranium industry depends on the public’s belief that the sector is committed to strict environmental protection standards, Saskatchewan’s environment minister said recently i…
Toronto-listed Athabaska Gold Resources (TSE) can acquire the assets of the Ladner Creek gold mine near Hope, B.C. The assets include a 1,500-ton-per-day gold processing mill and a tailings pond. Unde…
SEC Chairman Arthur Levitt told a congressional panel that the SEC will make the examinations over the next 6-8 months, Knight-Ridder reports. SEC will visit “scores” of securities branch offices duri…
Toronto-based Kinross Gold (TSE) has delineated more underground and open-pit reserves at its Candelaria gold-silver mine near Hawthorne, Nev. At the Northern Belle pit, drilling confirmed minable res…
Toronto-listed Moneta Porcupine Mines (TSE) has bought Wounded Bull Resources from Australian-based Pima Mining. Moneta has issued 2 million shares as part of a 2-staged payment to be completed no lat…
An agreement-in-principle has been reached by NovaGold Resources (TSE) and the National Bank of Canada concerning the restructuring of a $4-million loan, owed by a wholly owned NovaGold subsidiary, Mu…
Jacques Parizeau’s newly elected Parti Quebecois government will introduce measures to strengthen and diversify Quebec’s mining industry, delegates were told at the 20th annual meeting of the Quebec P…
Composite “300” 4376.87 4435.96 4403.85 4385.46 4345.03 4609.93 3518.31 Metals & Minerals 4163.53 4250.59 4230.77 4164.35 4097.43 4270.14 3273.56 Integrated Mines 4368.54 4467.29 4447.10 4358.41 4294….
The best-performing metal in 1993 may have been silver, but Metals & Minerals Research Services sees only modest price increases for the metal in the years ahead. However, the London-based company, wh…
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