The Ontario government got an explicit message recently when the legislature’s standing committee on resource development rolled into Timmins; mining companies and mining unions aren’t happy with the …
The volatile price of gold took a turn for the worse recently when the U.S. Treasury Department suggested the International Monetary Fund (IMF) use its gold holdings to help its member nations ease th…
Four gold bars were poured recently from material extracted from the Gold Hawk joint venture of Thunderwood Resources (TSE) and Minnova (TSE), near Val d’Or, Que. Weighing in at 1,706 oz., the yellow …
Feb. 6Feb. 5Feb. 2Feb. 1Jan. 31HIGH LOW Composite “300”3769.063767.213719.573709.053704.424009.473707.00 Metals & Minerals3017.543056.233019.473004.183057.123453.053004.18 Integrated mines3138.003178….
A recent story (T.N.M., Jan. 29/90) incorrectly identified the owners of Mingold Resources. The exploration company is 50% owned by Inspiration Resources (NYSE) and 50% by Minorco Canada.
Shares of Black Gregor Explorations have been trading actively at around the 59 cents level recently as the company’s gold prospect 10 miles north of Marathon, Ont., has caught the eye of some senior …
PEGASUS GOLD — James Redpath appointed a director succeeding James Foreman. Stanton Bennett, vice-president and secretary, has retired. Lyle Beaudoin will assume the responsibilities of general couns…
Management of Breakwater Resources (TSE) and American Pacific Mining (TSE) have agreed in principle to a plan that will see Breakwater acquire all the issued and outstanding shares of American Pacific…
Labor unions in British Columbia have notched what they no doubt consider to be another victory. They have stood up to one of Canada’s largest zinc producers and let the world know that they can’t be …
The volatile gold market had a negative effect on resource issues for the week ended Feb. 6, with the mining and minerals index off more than 19 points in mixed trading. The general market portfolio i…
Week’s Price (US) Change Gold*$419.90+$ 2.35 Silver*$ 5.30+$ 0.09 Platinum*$509.80–$ 0.55 Nickel**$ 2.78+$ 0.06 Lead**$ 0.33+$ 0.01 Copper$ 1.02+$ 0.02 Zinc$ 0.60+$ 0.02 Courtesy of Scotiabank. Infor…
Recent increases in the price of gold helped to create a mood of optimism at this year’s annual Northwestern Ontario Mines and Minerals symposium held in Thunder Bay recently. The symposium’s theme wa…
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