South Africa and the USSR play a vital role in the world gold and platinum industries: in 1989 their combined output accounted for 45% of world gold production and 91% of total platinum group metal (p…
By and large 1991 has been a dismal year for the mining industry. Metal prices are low while risk capital is rare. Agnico-Eagle Mines, however, reported a net profit of $846,000 for the second quarter…
Trading lightly during the week ended Sept. 3, Rembrandt Gold Mines gained five cents to close at 35 cents as VSE-listed Canarc Resource took control of the junior miner. The share transaction gives C…
Week’s Price (US) Change Gold* $348.60 – $ 6.70 Silver* $ 3.93 – $ 0.02 Platinum* $344.00 + $ 4.10 Nickel** $ 3.52 – $ 0.04 Lead** $ 0.24 $ 0.00 Copper $ 1.03 + $ 0.00 Zinc $ 0.46 – $ 0.00 Courtesy of…
Gaspesie, Societe d’Exploration (ME) says it has signed an option to acquire, within three years, an ilmenite deposit containing a minimum of 10 million tons of ore grading 20% titanium oxide (TiO2). …
Partners Glen Auden Resources (TSE) and Cross Lake Minerals (VSE) have reached an agreement in principle concerning their land package in the Casa Berardi area of Quebec. New Legend Metals, a private …
BGR Central Net Value $8.46 $4.83 Price $7.38 $4.450 Discount 12.85% 7.9% Value $50,383,921 $74,868,135…
A couple of Timmins Nickel (TSE) executives took the opportunity recently to cash in on the company’s high flying share price. According to the Ontario Securities Commission OSC Bulletin, Chairman Cha…
Trading moderately during the week ended Aug. 27, Teddy Bear Valley Mines (CDN) picked up 15 cents to close at $1.75 after management announced it had resolved a claim ownership dispute with Card Lake…
Both the resource and composite indices continued to rebound during the week ended Aug. 27 following the tumultuous events in the Soviet Union. The composite index added 8.27 points to finish at 563.7…
The province of Saskatchewan has arranged to sell 7.3 million special warrants of Potash Corp. of Saskatchewan (TSE) at $18.75 per warrant. Subject to certain terms and conditions, each special warran…
The mining of a 23-claim marble property 20 miles north of Sudbury, Ont., has been announced by Jarvis Resources (VSE) of Lively, Ont. The company said drilling, stripping and block removal have delin…
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