Supplies of copper are expected to tighten through the 1990s despite intense activity in development of new mine projects, a study by London-based Commodities Research Unit says. The tonnage from know…
A northwestern Ontario geologist who was charged with depositing debris from a drilling project on Crown land two weeks before his work permit expired in March was recently found innocent in Provincia…
Having completed the first phase of drilling on a newly discovered massive sulphide lens at the Mobrun polymetallic mine near Rouyn- Noranda, Que., Audrey Resources (TSE) and partner Minnova (TSE) are…
Financially troubled McAdam Resources has filed for bankruptcy. The Ontario filing calls for each unsecured creditor to be offered five common shares of McAdam for each $1 of debt outstanding. The pro…
Options Open Series Volume Last Interest Nov. 410 C 852 12.00 1,909 Nov. 420 C 779 10.00 2,227 Nov. 430 C 560 7.50 1,590 Nov. 440 C 1,960 7.00 3,278 Nov. 450 C 225 4.00 199 Nov. 460 C 1,978 4.00 1,429…
Results from Bema Gold’s (TSE) optioned Refugio gold property in Chile have made the Vancouver-based gold producer a star performer among smaller Canadian precious metals companies. Its share price re…
Cynics say the rising price of oil will make it uneconomic, skeptics are waiting for it to operate through an arctic winter before passing judgment. Even its critics, however, say building the Colomac…
Calgary-based Aurora Gold (ASE) has farmed out its 31% interest in a base metal property near Joutel, Que., to Phelps Dodge Corp. of Canada, a unit of North America’s largest copper producer Phelps Do…
Timmins-based Anglo Canadian Mining (TSE) has reported a mixture of high- and low-grade gold assays from recent drilling on the MWF property in Matheson Twp., near Timmins, Ont. Anglo has an option to…
Lower gold prices and a strong dollar have made their mark on Breakwater Resources’ (TSE) half-year income. In the first six months of 1990, Breakwater earned $4.3 million (7 cents per share) compared…
A 3,000-ft. underground drilling program is under way at the Langmuir No. 1 property of Timmins Nickel (TSE) in the Timmins, Ont., area. The drilling is designed, the company says, to follow up previo…
More than 11.7 million oz. silver went into the minting of silver legal tender bullion coins in 1989, up by 49% from the previous year, The Silver Institute of Washington, D.C., reports. The U.S. Amer…
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