The acquisition of a U.S. copper producer and investments in two of Canada’s largest mining companies contributed to higher annual earnings for Toronto-based Metall Mining (TSE). Metall, a 62.7% owned…
Few need to be reminded of how tough things were during the recession of the early 1980s. Lessons learned then are still fresh in the minds of those who work in the mining industry. What is perhaps le…
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date April 3 April 2 Mar. 30 Mar. 29 Mar. 28 Copper 1670-1672 1700-1702 1652-…
In an otherwise quiet week of trading on the over-the-counter market, 631,040 shares of Southern Arizona Mining and Smelting changed hands. Reacting to news of an option agreement between Southern and…
ASARCO INC. — William Borzick will head a newly created internal consulting group, based in Salt Lake City, Utah; Curtis Bates appointed plant manager of the Texas plant; Vincent Wildman appointed ma…
For the year ended Oct. 31, Colony Pacific Explorations (VSE) reported a net loss of $669,000 on revenues of $124,000. This compares with the previous year’s loss of $197,000 on revenues of $140,000. …
Over the past few months, Major General Resources (VSE) has been increasing its stake in gold properties across the country. In Newfoundland, Major General Resources (VSE) has recently exercised an op…
The focus on the pulp and paper industry (and how it has measured up to new environmental demands) has given the mining industry a small bit of breathing space and a taste of what’s coming their way. …
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Apr 137.50 125.40 127.40 + 11.05 May 125.00 121.50 124.85 + 12.60 Jun 120.50 120.50 120.35 SILVER (in US cents pe…
Based on a recently signed letter of intent, Aber Resources (VSE) and Hidden Lake Gold Mines (VSE) plan to form a joint venture to explore mineral claims at Trumpline Lake, about 45 miles east of Yell…
A group of geoscientists is drafting a plan which would allow geoscientists in Ontario to register as professionals. The committee, chaired by consulting geologist Bill Pearson, was formed as a result…
Initial commercial production at the Jolu mine in January, 1989, and a full year of production at the Silver City operation have increased earnings for International Mahogany (TSE). The company report…
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