There’s a disturbing pattern emerging in mine safety statistics. While lost-time accidents have shown a significant decline over the past several years, mine fatalities have not been reduced at all. I…
Losses reported on Noramco Mining’s (TSE) balance sheet during the first six months of 1988 were due largely to problems at the Golden Rose mine west of Thunder Bay, Ont., the company announced recent…
Toronto-based Falconbridge Ltd. (TSE), completed the acquisition of 12.5 million Falconbridge common shares and 750,000 common share purchase warrants from Placer Dome Inc. (TSE), the company said rec…
Robex Resources (ME) has signed an agreement, in principle, with Maufort Resources (ME) which allows Robex to buy back up to 13% of its capital share and up to 21% of the capital share of its sister c…
Increased production, an improved gold grade and lower operating costs at the Cannon Mine in Washington State all joined forces to make a better bottom line for Breakwater Resources (TSE) during the f…
The troubled Tisdale joint venture is getting a new partner. Midas Minerals (TSE) has completed an agreement giving the company the right to earn a 60% interest at the fire-sale price of $2 million fr…
Ronrico Explorations (VSE) of Toronto has announced a private placement to finance exploration at the company’s Simkar project at Val d’Or, Que. After spending $7 million, Ronrico holds a 50% interest…
Once again some impressive assay results have been reported from a drill program near Vernon, B.C. But this time it’s from the Top claims of Venturex Resources (VSE) and El Paraiso Resources (VSE). Th…
In a letter to the editor (N.M., July 4), one of your readers attributed the depressed price of gold to market interference by various governments. I don’t doubt that such action takes place, but feel…
Augmitto — MVP Capital bought 90,000 to hold 2,825,662. Barron Hunter Hargrave — J. Hargrave sold 68,500 to hold 4,010,200. S. Hargrave sold 42,000 to hold 2,297,200. Beaver — J. Blair sold 51,000 …
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Aug 9 Aug 8 Aug 5 Aug 4 Aug 3 Copper 1244-1245 1247-1249 1257-1259 1262-1264 1222…
As American Barrick Resources (TSE) opened the Holt-McDermott mine 25 miles north of here recently, no-one was denying that the company’s newest gold producer is an impressive feat of engineering. Sch…
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