A year-long slump in the price of gold bullion has forced at least four Canadian gold mines to suspend operations during the past six months, while a similar number of new mines have come on stream ov…
Gold producer Corona Corp. (TSE) is planning to invest $1.21 million in Goldbelt Mines (VSE), a junior company controlled by Mike Muzylowski and Douglas McRae. According to Goldbelt, Corona is making …
New targets on its No 1, 2 and 3 Lozeau Twp. claims east of Matagami, Que., are undergoing drilling, Explorations Minieres du Nord (ME) reports. President Jean-Jacques Martel reports the drilling foll…
Shareholders of Cassiar Mining (TSE) voted overwhelmingly in favor of a reorganization to make one of its subsidiaries the parent of the Cassiar group of companies. Although the transaction is still s…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Nov– — 113.85 — 2.10 Dec115.00 114.30 114.35 — 3.90 Jan114.00 113.70 112.15 …
Drilling by Minera Rayrock (TSE) has added another two million tons of reserves to the company’s Ivan copper deposit in Chile. Reserves have been recalculated to 5.8 million tons grading 2.4% copper. …
The third annual conference on Workers’ Compensation, sponsored by the Employers Council on Workers’ Compensation, will be held at the Metro Toronto Convention Centre Nov 29. The conference will begin…
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Nov 7 Nov 6 Nov 3 Nov 2 Nov 1 Copper 1662-16…
Toronto-based Metina Developments (VSE) and associate Manridge Explorations (TSE) have acquired an option to earn a 100% interest in a 15-claim copper-nickel prospect in Blondeau Twp., Que. Moneta Por…
Final results from a 27,000-ft reverse circulation drilling program on the Marigold property in Nevada are expected soon, says operator Rayrock Yellowknife Resources (TSE). The company owns a 23.3% in…
For the first nine months of 1989, Amax Gold (NYSE) reported earnings of $28.2 million(US) or 47 cents per share, down from $38.6 million or 64 cents per share in 1988. Third-quarter results for the…
Assay results have been released by NovaGold Resources (TSE) from two recently completed drill holes on the Summit gold project in New Mexico. NovaGold reports that both holes intersected moderate wid…
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