July 28 July 27 July 24 July 23 July 22 High Low Composite”300″ 3411.54 3396.46 3400.87 3412.24 3412.10 4009.47 3009.91 Metals&Minerals 3053.43 3070.65 3102.00 3081.30 3126.11 3453.06 2502.63 Integrat…
In the opinion of folksy American writer Mark Twain, “a mine is a hole in the ground with a liar on top.” He was a newspaper reporter at the time in the boom town of Virginia City, Nev. After the disc…
At its annual banquet held recently in Toronto, the Walker Mineralogical Club honored a student from Queen’s University with the Peacock Memorial Prize. The club awards the prize annually, in the amou…
Eric Cunningham appointed vice-president, mining.
A motion to appoint an independent mine manager and freeze operating profits from the Dome Mountain project near Smithers, B.C. was recently dismissed by an Ontario court. The court has appointed a ch…
I have subscribed to The Northern Miner for the past six years. In this time, I have seen the mineral industry deluged by increased public scrutiny with respect to mining and its effect on the environ…
Western markets remained little changed during the period ended July 28. The Vancouver Stock Exchange resource index closed down 4.51 points to 554.55 and the composite index slipped 3.83 points to th…
A review by the Bank of Nova Scotia of the then yet-to-be-built Westray coal project identified a number of financial risks associated with the mining project but apparently no safety concerns. A meth…
Net proceeds from the sale of 5.75 million convertible preferred shares amounted to US$136.3 million, Echo Bay Mines (TSE) reports. The proceeds are earmarked for debt repayment and general corporate …
Timmins, Ont., was born of the discovery of riches. In 1909, a group of prospectors discovered the fabulous Dome “Golden Stairway” which gave rise to the Dome Mines family of producers. Soon after, pr…
The name of the community of Copper Cliff in northern Ontario is allegedly derived from the expression “cliffs of copper,” with which Rinaldo McConnell described the mineral-rich area to Samuel J. Rit…
An agreement worked out between Minnova (TSE) and Ansil Resources (CDN) will see Ansil receive $4 million in cash from Minnova. The sum represents the purchase of all of Ansil’s past and future royalt…
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