His methods may have prompted some criticism at Agnico-Eagle Mines’ (TSE) recent annual meeting in Toronto, but President Paul Penna demonstrated he has the backing of the vast majority of the company…
ALUMINUM: MW U.S. Market US72.25- 74.25 cents per lb. (Jun. 21, 1990). ANTIMONY: New York dealer US82-83 cents per lb. (Jun. 14, 1990). BISMUTH: New York dealer US$3.05-3.15 per lb. (Jun. 21, 1990). C…
I would like to express my disappointment with a recent article that appeared in The Northern Miner (June 11/90) about the future of the city of Timmins. The article discusses the present labor proble…
A small Canadian mining company says it has signed a letter of intent with a Soviet organization to build an autoclave for processing arsenic-rich gold concentrates. Toronto-based Dingman Industries (…
An option to earn a 50% interest in the New 3, New 4 and Joy 12 claims in the Iskut gold camp of northwestern British Columbia has been acquired by Indigo Gold Mines from VSE-listed International Pris…
Options Open Series Volume Last Interest Aug. 360 C 53 9.60 448 Aug. 370 C 153 4.50 499 Aug. 380 C 53 2.10 777 Aug. 440 C 100 0.50 1,223 Nov. 380 C 63 8.90 345 Nov. 380 C 52 7.00 277 Nov. 400 C 223 4….
Federal government support for the project Lithoprobe will increase by 50%, bringing the amount to $18.9 million over the next three years. Lithoprobe is the largest multidisciplinary study of the ear…
Week’s Price (US) Change Gold* $361.25 + $10.95 Silver* $4.94 — $0.13 Platinum* $488.75 + $10.00 Nickel** $3.90 + $0.01 Lead** $0.41 + $0.02 Copper- $1.20 + $0.05 Zinc– $0.75 — $0.05 Courtesy of Sc…
Algoma Steel Corp., a wholly owned subsidiary of steel producer Dofasco, is seeking a buyer for its U.S. coal and iron ore interests, including its 30% stake in the Tilden mine, a Michigan-based iron …
As part of a growth plan designed to boost its Quebec gold production, cash-rich Cambior Inc (TSE) is picking up a 50% stake in the troubled Sleeping Giant mine of Aurizon Mines (TSE). The mine, which…
Discussions are continuing between First Toronto Mining (TSE) and its principal banker concerning a restructuring of the company’s outstanding debt. First Toronto’s main subsidiary, Walhalla Mining, h…
The gold price strengthened a bit during the past week, and there are indications that it could bounce back even more in the near future. Perhaps the most important single factor behind the price incr…
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