Toronto-based Dumagami Mines (TSE) may have opened the door to a settlement with a group of disgruntled shareholders by postponing until June 21 a law suit against Jacques Forget and his investment fi…
The summer slowdown may have arrived early on the ME, where daily trading volumes during the holiday-shortened week ranged between 4.6 million and five million shares. The market portfolio squeaked ou…
Trading was light and mining stocks slid as the market passed another dismal week with investors steering well clear of mining issues. Sindor Resources traded in the $1.22-$1.18 range. Sindor is anxio…
With drill results still awaited from a new nickel-copper play near Lac St. Jean, Que., the share prices of several juniors holding property there have faded from earlier levels. Last fall, important…
Price Week’s ($US) Change($) Gold* 362.50 –11.20 Silver* 5.17 –0.33 Platinum* 486.25 –36.65 Nickel** 5.60 — 0.64 Lead** 0.30 + 0.01 Co…
A comprehensive copper industry multi-client study was recently released by consulting firm Pincock, Allen & Holt, Inc. of Colorado. The primary supply study contains production cost estimates for mor…
Every company has its own approach to minerals exploration and mine development, including San Francisco-based Mother Lode Gold Mines. The company trades on the over-the-counter market in the United S…
Following the completion of a deal to acquire a 20% interest in Asturiana de Zinc, a major zinc smelting company in Spain, privately-owned Curragh Resources plans to embark on a diversification progra…
Geologists are studying oil shale deposits in New Brunswick to see if they are worth developing, New Brunswick’s Minister of Natural Resources and Energy said recently. “New Brunswick oil shales are t…
Recently, executives at Canamax Resources (TSE) Toronto office were neither confirming nor denying a rumor that the company will be merged with Vancouver-based Canada Tungsten Mining Corp. (TSE). The …
Gold’s dismal price performance has taken its toll on the 1989 first-quarter financial results of Breakwater Resources (TSE). The company’s earnings declined to $890,000 or 3 cents per share for the …
The sale by Louvem Mines (TSE) of a 50% interest in the Chimo gold mine at Val d’Or, Que., to Cambior Inc. (TSE) has been concluded, the companies report. Cambior paid $4 million and provided a gold l…
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