Although the average cost of closing a steel plant in the United States is down substantially from a few years ago, it is still high enough to keep several non-competitive plants in operation. And, th…
Ontario’s ministry of northern development and mines is buying six mine rescue vehicles from a Timmins manufacturer, to augment the arsenal of six mine rescue stations across the province. The vehicle…
A net income of $593,000 (4 cents per share) has been reported by International Corona Resources for the three months ending Dec 31, compared with a net income of $387,000 (3 cents per share) for the…
Total Erickson Resources reports net income for 1986 of $2.5 million, which compares to a loss of $9.9 million in 1985. The latter represents only six months of mining operations due to the business c…
Spot closing prices in Pound Sterling per tonne Date Mar. 17 Mar. 16 Mar. 13 Mar. 12 Mar. 11 Copper 906-907 916-917 926-928 913-914 900-901 Lead 308-309 313-314 …
Trading of Exploration Sphinx “A” shares, which have been active for the past weeks, received another boost this past week with the release of bulk sample results from the Duvay property located north…
Several Paul Penna companies were active traders this week on the COATS system. Langis Silver & Cobalt Mining heated up to 75 cents -80 cents on news that drilling is in progress on its Cobalt, Ont.,…
The overall annual growth of copper demand until 1995 will be 1.3%, according to a recently released World Bank report, The World Copper Industry: Its Changing Structure and Future Prospects (1984-199…
Having already completed new ore reserve calculations at Campbell Red Lake Mines, (N.M., Jan 26/87), the Dome Mines group reports a reserve recalculation has also been done for Sigma Mines (Quebec). T…
Tournigan Mining Explorations plans to raise net proceeds of $500,000 from a private placement which the company says will be added to its general working capital. As the company’s agent, Deacon, Morg…
The metal strontium has come under the research eye of Dr. J. E. Gruzleski of McGill University’s department of mining and metallurgical engineering. Backed by grants extending over three years of $18…
Time is running out for Canada’s beleaguered asbestos industry. A final ruling from the U.S. Environmental Protection Agency regarding the proposed phase-out of all asbestos uses in that country is ex…
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