Copper giants Asarco (AR-N) and Cyprus Amax Minerals (CYM-N), which are negotiating a 2-way merger, have asked Phelps Dodge (PD-N) to postpone its hostile takeover bid until after the merger is…
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateAug. 31Aug. 30Aug. 27Aug. 26…
The Lac des les palladium-platinum mine near Thunder Bay, Ont., continues to keep operator North American Palladium (PDL-T) awash in red ink.The company posted a net loss of $3.8 million (42 cents pe…
A group of investors that won a 24% stake in the Kassandra property in northern Greece in a 1998 suit for breach of fiduciary duty now finds itself caught between the defendant, TVX Gold (TVX-T), and …
Almost all bank profits are unearned and result from fiat money. What services do commercial banks in the U.S. provide that add value to people’s lives? For the most part, they provide cheque clearing…
This discussion is written as a continuation of the ongoing debate of resource estimation and, in particular, geostatistics.I take issue with the endless commentary, arguments and opinion about the va…
Gold Funds as of August 19, 1999BGRCentralNet Value$13.515.51Price$8.90$5…
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAug. 24Aug. 23Aug. 20Aug. 19Aug. 18…
The Toronto Stock Exchange (TSE) and three national mining groups will forge guidelines related to exploration reporting and best practices, as recommended in a report released earlier this year by th…
It seems more like an episode of The Six Million Dollar Man than real life, but doctors have been working on artificial eyes that could one day restore sight to people with certain types of blindness….
Rubicon Minerals (RMX-V) has intersected sulphide mineralization at its Palmer base metal project near Haines, Alaska.The discovery was made in a previously unexplored region, about 600 ft.from the Li…
PolyMet Mining (POM-V) will use pressure oxidation to process ore from the NorthMet polymetallic deposit in northeastern Minnesota.Pressure oxidation was selected over a hybrid process that combines b…
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