The planned merger of Golden Star Resources with South American Goldfields into a new company known as Golden Star Resources Ltd. (TSE) was approved by shareholders of both companies recently. About 1…
The final prospectus for a $20-million offering of units was recently released by Cominco Resources International (TSE). The company plans to issue 8.334 million units at a price of $2.40 per unit. Th…
Noranda Sales was recently appointed exclusive sales agent for copper and zinc concentrates produced by Westmin Resources (TSE) at its Myra Falls mine complex near Campbell River, B.C. Westmin, which …
May 26 May 25 May 22 May 21 May 20 High Low Composite”300″3382.30 3370.31 3372.15 3358.05 3381.21 4009.47 3009.91 Metals&Minerals 3046.84 3018.31 3027.60 3030.43 3061.98 3453.06 2502.63 Integrated Min…
Week’s Price (US) Change Gold* $338.45 + $1.00 Silver* $ 4.10 + $0.02 Platinum*$365.50 + $5.75 Nickel** $ 3.35 + $0.04 Lead** $ 0.23 0.00 Copper $ 1.01 0.00 Zinc $ 0.64 + $0.01 Courtesy of Scotiabank….
Mining companies the world over are battening down the hatches to weather low metal prices, as rising costs are further eroding their shrinking revenues. One of the most extreme examples comes from Co…
An additional 10,000 ft. of reverse circulation drilling was recently started at the La Blanca property in Chihuahua, Mexico. War Eagle Mining (VSE), owner of the property, is attempting to further de…
Two new mineralized zones were uncovered by Canchrome Mines (ME) on the company’s Belanger chromite property near Thetford Mines, Que. One of the zones, Reed-A, sits 25 metres north of the Main zone a…
A June 24 meeting is planned by Sikaman Gold Resources (TSE) with the owners of its $6.1 million, 10% convertible debentures to consider a company proposal to convert the debt into preference shares a…
Encouraging results have been returned from drilling of the Rickard Twp. property about 40 miles east of the Kidd Creek mine at Timmins, Ont., Greater Lenora Resources (TSE) says. The four holes retur…
Globe-trotting Cominco Resources International (TSE) recently optioned a Chilean copper property where previous work has already identified several million tonnes grading about 1% copper as well as nu…
A new president has taken over at RFC Resource Finance (TSE). David Watkins, president of Minnova (TSE), has been named to the top RFC position. RFC’s major shareholder is Kerr Addison Mines (TSE), wh…
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