Nickel and copper prices have improved, but Inco (TSE) continues to spill red ink. The company reported a second-quarter net loss of US$7.6 million, compared with a net loss of US$2.2 million for the …
Although most major metal prices took a tumble, the Toronto Stock Exchange posted a moderate gain for the 5-day report period ended Aug. 2. The composite 300 index jumped just more than 60 points, or …
Change in the Former Soviet Union and its Implications for the Canadian Minerals Sector: The Cases of Copper, Gold, Nickel and Uranium, by David Haglund, S.N. MacFarlane and Vladimir Popov, with Ol’ga…
Production has been suspended at St Andrew Goldfields’ (TSE) Stock Twp. mine near Timmins, Ont. The mine is being prepared for an extensive underground exploration program that was originally schedule…
— 1994 — Aug 2 Aug 1 Jul 29 Jul 28 Jul 27 High Low Composite “300” 4194.28 N/A 4178.97 4149.81 4134.01 4609.93 3518.31 Metals&Minerals 3944.74 N/A 3865.62 3809.61 3780.10 3944.74 3273.56 Integrated …
Japan-based Sumitomo Metal Mining and Phelps Dodge (NYSE) will jointly enlarge, by 40%, a copper mining venture in Arizona. The total investment will be US$200 million, with Sumitomo holding 15% and P…
Improved operating results from Cominco (TSE) helped boost the net earnings of Teck (TSE) during the latest quarter ended June 30. Teck posted earnings of $13 million for the period, up from $3 millio…
With a view to expanding its mining portfolio, junior gold producer Aur Resources has arranged to buy 48.3% (or 14.4 million shares) of Canada Tungsten (TSE) from Cyprus Amax Minerals (NYSE). Cyprus e…
Drilling is under way on the ZO property in northwestern British Columbia. Owner Firesteel Resources (VSE) plans to drill 10 holes to test a shear zone measuring at least 360 metres long and up to 15 …
A successful takeover of Lac Minerals by American Barrick would vault Barrick to third spot in world gold producers. A Royal Oak takeover means Barrick would be eighth in line, one spot back of a Roya…
Michael Zuber appointed president and director; William Pettigrew, Chet Idziszek, Basil Pantages, Arthur Luney, Dustin Elford and Arnold Wolfe appointed directors.
The three junior companies that jointly own DHK Resources have agreed to begin negotiations for a merger. The wheels were set in motion by way of a letter-of-intent agreement signed by Horseshoe Gold …
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