Net earnings of $6.9 million (22 cents per share) on revenue of $39.2 million were recorded by Cambior (TSE) for the second quarter, compared with $5.2 million (22 cents per share) on revenue of $30.2…
The recent merger with Dumagami Mines may have boosted Agnico-Eagle Mines’ (TSE) second quarter gold output but the Toronto-based company is still operating in the red. Agnico-Eagle reported a net los…
A new long-term mining plan has been completed by Placer Dome (TSE) for the company’s high-cost Dome gold mine at Timmins, Ont., where 587 unionized Steelworkers have been on strike since May 7. The p…
A legal battle between Kenora Prospectors and Miners (COATS) and Bond Gold Canada concerning the Shoal Lake mining claims in northwestern Ontario has been settled. To end the year-old litigation betwe…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date August 14 August 13 August 10 August 9 August 8 Copper 1559-1560 1582-1583 1615-1617…
Although Corona’s (TSE) first- half gold production increased by 15% in 1990, lower gold prices and the strong Canadian dollar resulted in an earnings drop for the gold producer. For the first six mon…
Twenty-one charges have been laid against Eldorado Mines by the Quebec government relating to arsenic-contaminated soil at an abandoned mine near the small community of Duparquet, Que. Ten of the 21 c…
When federal and provincial mines ministers gather in Winnipeg, Man., this month, there will be one delegation noticeable by its absence. Quebec has chosen not to participate in this year’s conference…
At the Shamrock property in Newfoundland, Eastern Goldfields continues to search for the source of gold previously discovered in soil samples. To date, more than 4,000 grains of gold, ranging in size …
What had at first appeared to be a significant new gold discovery in the Karpa Spring region of Western Australia has turned out to be a disappointment for joint venture partners Noranda (TSE) and Per…
Despite record production at Hope Brook Gold’s (TSE) underground gold mine on the southwest coast of Newfoundland, lower gold prices and high production costs continue to hurt the company’s balance sh…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date August 7 August 6 August 3 August 2 August 1 Copper 1562-1564 1492-1550 1547-1550 15…
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