Feb 4 Feb 3 Jan 31 Jan 30 Jan 29 High Low Composite 300 3618.07 3594.40 3596.12 3605.80 3598.61 4009.47 3009.91 Metals & Minerals 3033.86 3029.84 3017.05 3051.55 3078.97 3453.06 2502.63 Integrated Min…
Mining giant Noranda (TSE) will hold on to its remaining 45.7% interest in Hemlo Gold Mines (TSE) after selling a 9.3% stake to an underwriting syndicate by mid-February, said Alan Thomas, senior vice…
Exploration expenditures in Ontario for 1991 are estimated to be $124 million, compared with $141 million in 1990 and $218 million in 1989, says Ontario Ministry of Northern Development and Mines. Min…
Volumes remained buoyant but the market portfolio and mining and minerals index went in opposite directions during the week ended Feb. 4, the former closing up by 7.8 points and the latter slipping by…
Critical issues facing the world’s zinc industry, such as recycling growth, environmental reform and changes in society’s use of such materials, will be on the agenda of an international conference Fe…
Toronto-based Euro-Nevada Mining (TSE) has acquired a 4% net smelter return on about 27,000 acres of the Alligator Ridge gold trend in Nevada. The company said it paid US$3 million. A portion of the A…
Toronto-based Rio Algom (TSE) will proceed with development of the Cerro Colorado copper mine in northern Chile after receiving approval from the Chilean Foreign Investment Committee. Cerro Colorado w…
Operator Inco (TSE) has moved a second rig on to Fort Knox Gold Resources (TSE) base metal prospect in Fawcett Twp., near Shining Tree, Ont. At the same time, core from hole SG-10, recently completed …
The inability of RJK Mineral (ASE) to meet an option payment due Dec. 31, 1991, means associated company Greater Lenora Resources (TSE) will retain a 100% interest in the Goldfields gold project in no…
Management of Miramar Mining (TSE) hopes to bring the Flowery gold mine back into full-scale production. The former producer is in Storey Cty., Nev., about 10 miles east of the famous Comstock Lode. T…
Subject to regulatory approval, Key Anacon Mines (TSE) says it has entered into an option agreement with Rio Algom Exploration, a unit of Rio Algom (TSE), whereby Rio may earn a 60% interest in Key’s …
A letter of intent between a Northfield Minerals (ASE) subsidiary and Hemlo Gold Mines (TSE) has paved the way for further exploration on the Swansea gold project about six miles west of Virginiatown,…
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