Despite the recently-announced abandonment (after it had been completed) of a major U.S. nuclear power station, other events have offered hope and expectation that there will be no slowing in the worl…
In order to get its hands on gold production, MVP Capital Corp. (TSE), a mining finance company, has made an offer to acquire a minimum 90% interest in Camindex Mines (TSE). MVP is offering Camindex s…
Deep drilling completed on the Paymaster mine property in Timmins, Ont., has intersected strong gold values 175 ft below the workings of the shutdown mine, partners Associated Porcupine Mines (TSE) an…
John Black, a well known mining executive, died recently in North Vancouver. He lived his early days in St. Louis, Miss., and attended Queen’s University before joining Rio Algom in the early years of…
Mobilization for a $1.5-million exploration program on Energex Minerals’ (VSE) Al project in the Toodoggone area north of Smithers, B.C., is under way. The program is designed to increase reserves of …
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jul 97.25 95.85 96.25 — 4.25 Sep 92.60 91.20 9…
Fourteen holes have been completed in an ongoing drill program at the 106-claim Garrison gold property in northeastern Ontario, related companies Silverside Resources (TSE) and Proteus Resources (VSE)…
To be successful, mining companies run by innovative and free- wheeling people have to be married to financial backers who are equally innovative and free- wheeling. Neptune Resources (TSE) has done j…
A high grade copper contract will be introduced July 29 by the New York Commodity Exchange (Comex) in response to a growing supply of, and demand for, Grade 1 cathodes. Hugh Sigmon, Comex’s director o…
Jerome Gold Mines (ASE) has arranged for a private placement through First Toronto Capital Corp., to fulfill its obligations at the Jerome mine joint venture at Swayze, Ont. Under an agreement with pa…
Breakwater Resources (TSE) has completed the purchase of 3.2 million shares or 19.9% of the issued capital of Noramco Mining (TSE) for an aggregate consideration of $20.8 million. Of that amount, $6 m…
A geophysical survey has been completed by Golden Tanager Resources (COATS) on the company’s two properties near Pickle Lake, Ont. On the North Caribou property, located 166 km north of Pickle Lake, t…
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