Despite a substantial drop in the price of its main commodity, Timmins Nickel (TSE) has boosted annual operating profits by 73%. For the 12 months ended May 31, the small producer sold 2.8 million lb….
A mineral agreement covering the business conditions for the development and operation of the Omai gold project in Guyana in South America has been signed, Cambior (TSE) reported. Partners in the mini…
The metal and mineral sub-index of Scotiabank rose slightly in July but the overall commodity price index dropped by a further 3.7% that month, the bank said in its latest monthly update. The all-item…
Calgary-based Golden Rule Resources (TSE) has adopted a shareholders’ rights plan to protect the company from hostile takeovers. Under the plan, if any person or group acquires more than 10% of Golden…
“Museum project back on track,” reads a handwritten sign on the community club door of this northern community with a population of about 45. Inside, club President Mike Mancini, 30, dark-haired, spor…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Sep 104.70 104.00 104.45 + 1.55 Oct 104.20 103.65 103.95 + 1.45 Nov 103.40 103.40 103.60 + 1.40 SILVER (in US cen…
Timminco’s (TSE) 50th anniversary celebrations have been marred by the release of financial results for the first half of the year. In the first six months, the magnesium producer lost $5.6 million (5…
Gaspesie, Societe d’Exploration (ME) says it has signed an option to acquire, within three years, an ilmenite deposit containing a minimum of 10 million tons of ore grading 20% titanium oxide (TiO2). …
Week’s Price (US) Change Gold* $348.60 – $ 6.70 Silver* $ 3.93 – $ 0.02 Platinum* $344.00 + $ 4.10 Nickel** $ 3.52 – $ 0.04 Lead** $ 0.24 $ 0.00 Copper $ 1.03 + $ 0.00 Zinc $ 0.46 – $ 0.00 Courtesy of…
Leading economic indicators released during the week ended Sept. 3 continued to demonstrate that the recession in Canada has ended. But judging by activity before and after the Labour Day weekend, inv…
Sept 03 Sept 02 Aug 30 Aug 29 Aug 28 High Low Composite “300” 3504.86 HOLIDAY 3517.89 3514.88 3521.28 4009.47 3009.91 Metals & Minerals 3031.96 HOLIDAY 3081.75 3101.42 3116.42 3453.06 2502.63 Integrat…
They’re not building mining towns anymore, and that may be just as well. But new mines can still contribute dramatically to the economic well-being of outlying areas and generally bolster regional dev…
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