Concern over interest rates and first-quarter earnings combined to drive some investors out of the market during the week ended April 9. Having profited from a first-quarter rally, which they fear may…
R. MacNeil appointed director succeeding Timothy Delaney who resigned.
Presently inactive Maradona Resources(CDN) plans to get out of the mining business and into residential real estate. The junior, which used to hold a gold prospect in the Batchewana River area near Sa…
Operator Westmin Resources (TSE) plans to begin mining the 35 zone on the SB property before mid-May of this year, with the first batch of ore scheduled to be milled in mid-July. The company is earnin…
Wye Resources (CDN) plans to begin a 5-hole program on its Saganaga Lake gold property, 75 miles southwest of Thunder Bay, Ont., as soon as the snow melts. Saganaga Lake, which straddles the Ontario-M…
Curragh Resources (TSE) Chairman Clifford Frame says he feels sorry for the families of 400 striking employees at the company’s lead-zinc operation at Faro, Y.T. But given the current state of metal p…
After completing a 12-hole drill program on Jena Mines’ gold property in Zimbabwe, Trillion Resources (ASE) has negotiated an agreement to earn a 50% equity interest in the African company by investin…
London Metal Exhange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date April 9 April 8 April 5 April 4 April 3 Copper 1353-1356 1374-1375 1371-1372 1370-137…
A first-quarter loss of about US$3 million is expected by Homestake Mining in part because of a flagging gold price and lower gold production. In addition, the company has experienced increased costs….
Employees at Brunswick Mining & Smelting’s (TSE) zinc mine and smelter near Bathurst, N.B., will remain on strike rather than accept a “final offer” from the company, says Phil Best, a representative …
Management of Tyranite Mines (CDN) resigned recently to make way for a new board of directors consisting of Ross McGroarty, Marilena Fuda and Suzanne McGroarty, all of Toronto. In addition, 1.3 millio…
Colchis Resources Ltd. (CLK:VSE) has changed its name to Northewan Minerals Corp. (NTW:VSE) with a consolidation of capital on a 1-new-for-5-old-share basis. The transfer agent is Pacific Corporate Tr…
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