Toronto-based Dumagami Mines (TSE) may have opened the door to a settlement with a group of disgruntled shareholders by postponing until June 21 a law suit against Jacques Forget and his investment fi…
Researchers will study ways to safely and economically salvage some of the 800,000 tonnes of ore that remain in the underground pillars of the Nanisivik lead-zinc mine on Baffin Island. Such a project…
With drill results still awaited from a new nickel-copper play near Lac St. Jean, Que., the share prices of several juniors holding property there have faded from earlier levels. Last fall, important…
Price Week’s ($US) Change($) Gold* 362.50 –11.20 Silver* 5.17 –0.33 Platinum* 486.25 –36.65 Nickel** 5.60 — 0.64 Lead** 0.30 + 0.01 Co…
To say the Wellgreen polymetallic sulphide project in the Yukon has its skeptics is something of an understatement. A subsidiary of Hudson Bay Mining & Smelting is said to have lost about $20 million …
A comprehensive copper industry multi-client study was recently released by consulting firm Pincock, Allen & Holt, Inc. of Colorado. The primary supply study contains production cost estimates for mor…
The metals sector took a double- barrelled blast from plummeting gold and copper prices. The gold and silver index lost another 37.77 pts to close at 5254.69 pts whereas metals and minerals managed a …
One is well advised not to look a gift horse in the mouth. So it may not be wise to criticize the Ontario government’s latest budget for the $5 million allocated to various programs, already in place,…
Battered by bad press and low gold prices, the Vancouver Stock Exchange struggled through a particularly dismal trading week as share prices fell and volumes declined to bring the VSE Index to a new l…
Work is under way on the first phase of a 2-phase exploration program at the Brett gold property 25 km west of Vernon, B.C. Operator Corona Corp. (TSE) reports the first phase will involve the drilli…
ALUMINUM: MW U.S. Market US99.50 cents – $1.02 per lb. (May 18, 1989). ANTIMONY: New York dealer US95 cents -99 cents per lb. (Apr 27, 1989). BISMUTH: New York dealer $6.40-$6.55(US) per lb (May 11, …
Sherritt Gordon Ltd. (TSE) is beginning to receive nickel concentrate from the Redstone nickel mine near Timmins, Ont. The mine is expected to produce 10 million lb of nickel in concentrate per year. …
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