Weakened potash markets and reduced production in its oil and gas divisions had a negative impact on the financial results reported by Toronto-based Denison Mines (TSE). The company had a loss of $3.4…
Drafting the regulations that will govern assessment work rates in Ontario is proving to be a controversial exercise. At least one junior exploration company has accused the Ontario government of adop…
American Copper & Nickel (ACNC), a subsidiary of Inco’s (TSE) U.S. wing, has entered into a joint venture agreement with Silverado Mines (VSE) to develop Silverado’s Ester gold property in Alaska. Whi…
The New York Mercantile Exchange (Nymex) may soon be adding platinum bars stamped with the hammer and sickle of the Soviet Union to its trading inventory. The Soviet agency responsible for exporting t…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Mar 123.50 119.20 120.25 + 8.35 Apr 117.50 117.50 117.35 + 8.45 May 117.40 114.25 115.35 + 8.60 SILVER (in US cen…
The discovery of a large copper- zinc massive sulphide deposit in Louvicourt Twp. east of Val d’Or, Que., by Aur Resources (TSE) and Societe Miniere Louvem (TSE) leaves one to wonder if similar finds …
Financing in the form of a $2,184,000 private placement has been approved by the directors of Ontex Resources (ASE). The placement consists of 2.4 million common shares priced at 91 cents per share. T…
Toronto-based Falconbridge Gold (TSE) succeeded in increasing its gold output in 1989 even though the company is no longer mining ore from its Owl Creek mine, west of Timmins, Ont. The 50.6% owned Fal…
Extensive wollastonite mineralization has recently been identified in the Tonopah district of Nevada. According to Sikaman Gold Resources (TSE), the wollastonite mineralization meets industrial standa…
sinc 1988…
Northwestern Ontario residents often feel geographically isolated from the rest of the province. But they are in no way immune from the economic effects of provincial, national and international activ…
A budget of US$5.9 million has been set for the 1990 development program on the promising New World property, a gold-silver-copper prospect owned by Crown Butte Resources (VSE). The budget for develop…
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