North America will lose its only producing primary tin mine following a decision by Rio Algom (TSE) to close its East Kemptville operation about 60 km northeast of here. The open pit mine, which opene…
Cash production costs at the Dome gold mine of Placer Dome (TSE) at Timmins, Ont., averaged US$312 per oz. during the first six months of 1991, compared with US$444 for the same period last year, the …
Legal action has been commenced against Richard Homburg, The Halifax Herald Ltd. and others claiming general damages for libel and slander, and special and punitive damages, TAP Capital (TSE) said. TA…
The possibility of a nuclear reactor being built in Sas-katchewan will be examined by provincial utility SaskPower Corp. and federal agency Atomic Energy of Canada Ltd. (AECL). The province and Ottawa…
Toronto-based Black Cliff Mines (TSE) has signed an option agreement with a Chilean company to earn a 70% interest in several gold-silver-copper tailings deposits near Atacama in central Chile. The ag…
Recently completed drilling in the Shining Tree area of northeastern Ontario has re-turned low-grade base metal values for Fort Knox Gold Resources (TSE). Testing a geophysical target on its 100% owne…
Mark Twain’s satirical observation that October is not a good month for stock markets held a grain of truth in Vancouver this week as a number of stocks took a dramatic tumble after drill results from…
KWG Resources (ME), formerly Kewagama Gold Mines, has entered into an agreement with Canadian Overseas Development allowing KWG the option to earn an interest in two mineral properties in Ghana, West …
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Oct 108.20 107.00 108.00 + 1.50 Nov 106.00 105.70 106.35 + 0.95 Dec 105.10 103.90 105.00 … SILVER (in US cents …
Geologists working on behalf of Ontex Resources (ASE) are comparing the Brookbank gold deposit near Beardmore, Ont., to a Freewest-type deposit without the rewards of intensive exploration. Current re…
With financial backing from Royal Oak Mines (TSE), Vancouver-based Athabaska Gold Resources (TSE) has begun drilling at its 60% owned Nicholas Lake gold project north of Yellowknife, N.W.T. Royal Oak …
A feasibility study recently completed on the Lightning gold zone near Matheson, Ont., indicates that the deposit would generate a 17.9% rate of return on a stand-alone basis. The study is based on a …
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