A lawsuit overhanging the Louvicourt Twp. massive sulphide discovery took a backseat at a recent annual meeting in Toronto as President Jim Gill of Aur Resources (TSE) outlined the company’s plans for…
While a number of the newer gold mines in this country have been falling short of expectations, Agnico-Eagle’s (TSE) Donald J. Laronde mine in Quebec’s Bousquet area, now owned outright following the …
The rush is on as mining majors battle small-time prospectors for control of more than 1,000 reopened claims in the Cobalt area of northern Ontario. Since 7 a.m., April 3, official opening time, stake…
Reserves at the Hanson Lake project in northeastern Saskatchewan may increase by as much as 30-45%, based on recent results from ongoing drilling by partners Cameco and Trimin Resources (TSE). Two of …
Last week’s collapse in bullion prices might have created a “second chance” buying opportunity for investors to pick up gold shares at a discount. But, judging by the lacklustre trading pattern during…
The Macassa gold mine of LAC Minerals (TSE) near Kirkland Lake, Ont., smashed its previous records by posting a single-month gold output of 12,353 oz. in March. The mine had never before produced more…
The acquisition of a U.S. copper producer and investments in two of Canada’s largest mining companies contributed to higher annual earnings for Toronto-based Metall Mining (TSE). Metall, a 62.7% owned…
Few need to be reminded of how tough things were during the recession of the early 1980s. Lessons learned then are still fresh in the minds of those who work in the mining industry. What is perhaps le…
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date April 3 April 2 Mar. 30 Mar. 29 Mar. 28 Copper 1670-1672 1700-1702 1652-…
In an otherwise quiet week of trading on the over-the-counter market, 631,040 shares of Southern Arizona Mining and Smelting changed hands. Reacting to news of an option agreement between Southern and…
ASARCO INC. — William Borzick will head a newly created internal consulting group, based in Salt Lake City, Utah; Curtis Bates appointed plant manager of the Texas plant; Vincent Wildman appointed ma…
For the year ended Oct. 31, Colony Pacific Explorations (VSE) reported a net loss of $669,000 on revenues of $124,000. This compares with the previous year’s loss of $197,000 on revenues of $140,000. …
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