A consolidated profit of $7.3 million was reported by Cominco (TSE) for its 1991 second quarter ended June 30, compared with earnings of $23.2 million in the second quarter of 1990. The Mining and Int…
Management of Westmin Resources (TSE) recently decided to start development access of the Gap zone from the 18 level in the H-W mine at its Myra Falls mining operation near Campbell River, B.C. The Ga…
July 30 July 29 July 26 July 25 July 24 High Low Composite “300” 3548.86 3530.27 3524.72 3523.56 3518.62 4009.47 3009.91 Metals & Minerals3249.29 3209.89 3205.15 3229.12 3212.25 3453.06 2502.63 Integr…
Lower gold output at its Arthur White mine near Red Lake, Ont., hasn’t prevented Toronto-based Dickenson Mines (TSE) from improving its earnings in the second quarter and first half of this year. In t…
Week’ Price (US) Change Gold* $363.60 -$ 3.40 Silver* $4.07 -$ 0.16 Platinum* $362.00 -$12.25 Nickel** $3.67 -$ 0.08 Lead** $0.25 $ 0.00 Copper $1.02 +$ 0.02 Zinc $0.48 $ 0.00 Courtesy of Scotiabank. …
At the turn of this century, Sir Wilfrid Laurier asserted that the 20th century would mark the coming of age of Canada as an economic power. Some 50 years later, Prime Minister John Diefenbaker espous…
Denver-based Echo Bay Mines (TSE) recently started to convert its Swiss franc 3.87% bonds due 1996 into common shares. The conversion offer will expire Oct. 28. At the option of the bondholders, each …
Aquagold Resources (ASE) has agreed in principle to merge with Mosher Limestone Co., a Nova Scotia company already involved in the industrial minerals field. If the merger is completed in 10 weeks as …
The Renabie mine, perched on a height of land separating the Atlantic watershed (via the Great Lakes) and the Arctic watershed about 200 km west of Timmins, Ont., proved to be a demarcation point for …
If a recently announced deal is completed, Rea Gold (TSE) could receive up to $6.15 million in financing from Trimin Resources (TSE). Under the agreement, a wholly owned subsidiary of Trimin will buy …
The Canadian mining industry has suffered a few black eyes in the past several years because a number of high-profile projects failed to live up to expectations and were either written down in value o…
The eighth annual geophysics workshop, chaired by Peter Hood of Geological Survey of Canada, was recently held at the Haileybury School of Mines. At the workshop, speakers addressed issues that involv…
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