New Brunswick hosts Rock Room
The New Brunswick Prospectors and Developers Association will showcase the province’s exploration activity at the 59th annual convention of the Prospectors and Developers Association of Canada (PDAC) …
News
Equinox’s Van Stone resumes production
Eleven months after completing the purchase of the Van Stone zinc-lead mine in northeastern Washington State, Equinox Resources (TSE) has brought the former producer back into production. Van Stone wa…
Sphinx plans West African acquisition
Under an agreement with Tai-Pan Resources, Societe Miniere Sphinx (ME) will purchase a 51% interest in the Bakolobi gold project in Mali, West Africa, for $2.2 million. The agreement expires in June. …
U.S.REPORT Production boost helps Hycroft .dVANCOUVER
Results for the year ended Dec. 31 for Hycroft Resources & Development (VSE) improved over the previous year as a result of higher sales and lower writedowns. The company reported a loss of $141,000 f…
Toronto Stock Exchange Metal stocks advance as Hemlo mulls Noranda
Resource giant Noranda was conspicuous during the week ended March 12 as it moved to pare down a potentially crippling $3.9-billion debt load. Confirming speculation that emerged on Toronto’s Bay Stre…
Spot prices at a glance (March 18, 1991)
Week’s Price (US) Change Gold* $365.20 +$ 1.70 Silver* $ 4.06 +$ 0.23 Platinum* $406.50 +$ 8.00 Nickel** 3.90 +$ 0.09 Lead** $ 0.27 Copper*DA $ 1.10 Zinc*DD $ 0.54 -$ 0.01 Courtesy of Scotiabank. Info…
METAL PRICES FREE MARKET (March 18, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date March 12 March 11 March 8 March 7 March 6 Copper 1298-1299 1292-1293 1300-1302 1287-…
EDITORIAL McLaughlin a controversial choice
Inviting federal New Democratic Party leader Audrey McLaughlin to be guest speaker at a key luncheon during the Prospectors and Developers Association of Canada’s annual convention may turn out to be …
Teck options MGM prospect
Based on a recent letter of intent agreement,Teck (TSE) plans to spend $200,000 this year exploring the MGMshale-hosted, polymetallic massive sulphide prospect, 75 milesnorth of Golden, B.C. Teck may …
380 attend underground operators conference
Mine operators from across Canada turned out here in record numbers during the festive winter carnival season, Feb. 24-27, to take in the unique French Canadian hospitality and to exchange mine operat…
U.S.REPORT Durvada farms out Nevada properties
Calgary-based Durvada Resources (ASE) has farmed out two of its gold properties in the Sandy Valley area of southwestern Nevada to Dundee Resources (VSE) and Reymont Gold Mines (ASE). In the first dea…
!Kidd Creek plans to cut zinc output
Falconbridge, a private company held equally by Noranda (TSE) and Trelleborg AB of Sweden, is reducing zinc production at its Kidd Creek, Ont., division by 20,000 tonnes (22,000 tons) this year. Falco…