News

Friends and early associates of the late mining engineer Paul Young have founded a student assistance bursary fund in his name. The Paul E. Young Memorial Fund is administered by The Walli Foundation …

BGR Central Net Value $11.52 $5.63 Price $10.25 $5.75 Discount 11.02% 2.1% Value $64,523,000 $96,739,725…

Week’s Price (US) Change Gold* $352.75 + $3.05 Silver* $ 4.25 + $0.20 Platinum* $374.15 – $0.60 Nickel** $ 2.67 – $0.01 Lead** $ 0.19 $0.00 Copper $ 0.82 – $0.03 Zinc $ 0.46 $0.00 Courtesy of Scotiaba…

Canada’s coal miners expressed relief that the financial and labor problems that shut down the Balmer, Greenhills and Fording mines in southeastern British Columbia have been resolved. Otherwise, litt…

After three years of studies and tests, Cominco (TSE) has decided not to proceed with the QSL lead smelting process at its metallurgical operations in Trail, B.C. The QSL smelter was fired up in late …

A purchase agreement has been signed between Cumberland Resources (VSE) and Asamera Minerals (now wholly owned by Gulf Canada Resources) for property interests in the Northwest Territories. The proper…

May 4 May 3 Apr.30 Apr.29 Apr.28 High Low Composite”300″3779.19 3773.47 3789.41 3755.06 3682.38 4009.47 3009.91 Metals&Minerals 2907.89 2901.08 2870.67 2858.39 2854.59 3453.06 2502.63 Integrated Mines…

Although 1992 pre-tax earnings for Gibraltar Mines (TSE) increased over 1991 levels, higher income taxes as a result of non-deductible items resulted in lower net earnings. Gibraltar made $3.1 million…

John Pallot appointed director.

John Pallot appointed director.

Bernard Ouellette, Christopher Begin and Stanley Dzuba appointed directors.

Richard Pearson appointed director.