A Gold Bar Resources (COATS) shareholder, who says he owns a 51% interest in the company, has initiated legal proceedings to prevent Gold Bar from selling part of its interest in a Gogama, Ont., gold …
Recently a number of students at the Haileybury School of Mines were awarded scholarships for general proficiency or outstanding academic performance. Among the winners were Darwin Fiske (Saskatchewan…
Shares of McNickel traded heavily for the week ended July 31, jumping 5 cents to close at 20 cents on a volume of 216,500. Rumour has it that the Muscocho group of companies, of which McNickel is a me…
Added production from the Ansil and Samatosum polymetallic mines, which both entered commercial production last summer, resulted in a 10-fold profit increase for Minnova (TSE) in the first half of 199…
A recent headline (T.N.M., July 23/90) on the editorial page, relating to an excerpt from a newsletter by M. Murenbeeld & Associates on the price of gold, should have read “Gold’s 12-year low.” Elsewh…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 31 July 30 July 27 July 26 July 25 Copper 1538-1540 1543-1545 1565-1570 1546-15…
Options Open Series Volume Last Interest Aug. 370 C 503 6.80 556 Aug. 390 C 223 1.50 1,117 Nov. 370 C 195 18.00 763 Nov. 380 C 221 12.90 833 Nov. 390 C 368 7.50 659 Nov. 400 C 115 6.00 984 Nov. 420 C …
At a capital cost of US$54 million, Asarco (NYSE) says it plans to build a new solvent extraction- electrowinning (SX-EW) plant at its Silver Bell mine in Arizona. The new facility, which should be co…
The U.S. will begin to import nickel from the Soviet Union, following an agreement between the two countries to end a 7-year-old ban. The agreement, effective June 28, allows the Soviet Union to expor…
The front of a brochure that the Prospectors and Developers Association of Canada (PDAC) recently had printed was designed to alert politicians to the danger currently faced by Canada’s mining industr…
The Hislop East gold prospect in the Timmins-Matheson area of northern Ontario is inching closer to production as partners St Andrew Goldfields (TSE) and Goldpost Resources (TSE) forgo a final bulk sa…
The demise of flow-through financing has been particularly damning for junior resource companies that trade on the over-the- counter exchange in Ontario. In the past six months, several juniors have t…
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