News

Mike Muzylowski appointed president.

Bill Gordica appointed president.

A $230,000 drill program began recently at the Queenston Mining (TSE) and Strike Minerals (CDN) base metal joint venture in Robertson Twp. 14 km north of Matachewan, Ont. Having outlined preliminary …

A feasibility study carried out on the Duvay heap leach gold project north of Amos, Que., concludes that total costs would be $10.43 per ton, Societe Miniere Sphinx (VSE) reported. Direct recovery co…

This year could mark the beginning of a new phase for nickel after the record price levels and supply shortfalls of recent years, according to Nickel 1991, a report from market analyst Roskill of Lond…

Florin Resources Inc. (FLN:VSE) has changed its transfer agent to Montreal Trust.

Trading picked up somewhat during the period ended July 2 with investors awaiting results from recently started drilling programs. The composite index gained more than 18 points to close at 570.35, wh…

London Metal Exhange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 2 July 1 June 28 June 27 June 26 Copper 1412-1413 1402-1403 13…

With two operations recently closed and a third mine shutdown imminent, Noranda (TSE) is bringing into play its environmental management system that has been developed during the last several years to…

Toronto-based Brunswick Mining & Smelting (TSE), the 67% owned Noranda (TSE) subsidiary, says it is laying off 100 workers from its Belldune smelter in New Brunswick as part of a workforce restructuri…

Taking a big hit on the market for the week ended July 2 was Perrex Resources. Trading over four million shares, the junior gold explorer lost three quarters of its value to close at one penny. Althou…

Jantar Resources Corp. (JAN.A:VSE) has changed its name to ITP Thermal Packaging Inc. with no consolidation of capital. The new company has no interest in mining. Aunore Resources Inc. (AUN:ME) has ch…