Although the perception of local market direction appeared decidedly positive during the recent Cordilleran Roundup in Vancouver, the resource index managed to slip below the 500 level, off by 12.6 po…
A sharp contrast between the fortunes of two of North America’s premier gold producers emerged during the week ended Feb. 4, as Placer Dome and American Barrick Resources laid their cards on the table…
With mineral exploration in British Columbia and the Yukon in the doldrums, diamond exploration and where best to take Spanish or Russian lessons were popular topics for discussion among the approxima…
Ontario mining representatives have advised Premier Bob Rae that he may not be serving the industry well if he asks Northern Development and Mines Minister Shelley Martel to resign from cabinet over c…
Anyone who has had business dealings with J.P. (Pat) Sheridan agrees one would have to get up early to outwit him — a deal maker extraordinaire. Somewhat of a loner and gadfly but with the patience o…
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…
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