Lower operating costs at Breakwater Resources’ (TSE) El Mochito polymetallic mine in Honduras contributed to higher first-quarter earnings for the Vancouver-based company. Breakwater, which is attempt…
The viability of the Quintette coal mine, 50% owned by Denison Mines (TSE), has been put into question by an arbitration panel’s ruling. The price received by Quintette for metallurgical coal will dro…
Shares of base metal explorer Bonanza Metals moved up 10 cents to 55 cents on thin volume of 8,000 shares during the report period ended May 29. The company has been focusing most of its recent effort…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 29 May 28 May 25 May 24 May 23 Copper 1580-1582 Closed N.A 1603-1604 1586-1588 L…
Evidence is building that a large- tonnage, low-grade, open pit gold- copper-silver deposit may be shaping at the Moss Lake project of Central Crude (TSE) in the Shebandowan area, 70 miles west of Thu…
I am not renewing my subscription after more than 20 years as my “ore” zone is depleted, and no “new exploration” is anticipated. No new financing, either. I’ve always been interested in the mining sc…
The Mines Gaspe division of Noranda (TSE) says it plans to proceed with the development of a new copper deposit at the company’s mining operation near Murdochville, Que. Development of the new orebody…
In 1989 the world platinum market paused for breath as demand for the white metal came more closely in balance with supply when compared with 1988. “Total demand for platinum in the Western World in 1…
Production problems and increased operating costs at Consolidated TVX’ (TSE) Novo Astro gold mine in the Amazon region of Brazil was reflected recently in the company’s first-quarter financial results…
Options Open Series Volume Last Interest Aug. 380 C 96 7.80 772 Aug. 390 C 140 5.50 1,185 Aug. 400 C 103 3.30 1,680 Aug. 430 C 220 0.50 1,237 Nov. 380 C 52 16.25 116 Nov. 400 C 68 9.50 210 Nov. 440 C …
Some unexpected developments at Audrey Resources’ (TSE) Mobrun polymetallic mine near Rouyn-Noranda, Que., contributed to an unprofitable first quarter for the company. Audrey reported a net loss of $…
Planning to increase annual production capacity from one million to more than four million pounds in the near future, Uranium Resources (TSE) has borrowed $23 million from Citibank. The 6-year credit …
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