With a positive feasibility study now in hand, 50/50 partners Galactic Resources (TSE) and Cornucopia Resources (TSE) are planning to construct an open pit mine at their Ivanhoe property located in th…
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr 18 Apr 17 Apr 14 Apr 13 Apr 12 Copper 1803-18…
Record cash flow, record earnings, and record gold production highlight Teck Corporation’s (TSE) latest annual report, if viewed only from a financial perspective. But because 1988 represented its 75t…
ONTARIO Mountain Beaver Res — final rec iss offer 2,650,000 @ 56 cents per sh to net $848,000. Windy Mountain Expls — final rec iss offer 1,239,700 @ $1.50 per sh to net $1,043,009.20. VANCOUVER Bur…
Reports that one of Falconbridge Gold’s (TSE) two producing gold mines will run out of ore later this year should not be construed as cause for alarm, says Chairman Brian Ferguson. Open pit reserves a…
An exploration program consisting of 21 diamond drill holes has been completed by Asquith Resources (COATS) on the company’s Shining Tree, Ont. gold properties. On the Buckingham mine claims, the comp…
New York-based DRX Inc. (NASDAQ) has called for a special meeting of shareholders of McFinley Red Lake Mines (TSE) in Toronto, June 12. DRX, which controls over 800,000 common shares of McFinley, r…
A zinc-copper mine in eastern Nevada could be up and running again this year after a 109-year shutdown. The Ward Mountain property, which can trace its beginnings back to 1870, was operated for 10 yea…
Canada’s most profitable mining company was the most active issue on the Montreal Exchange this week. Inco gained a dollar to close at $36.12 on 400,000 shares traded as it reported first-quarter net …
A diamond drill program has been completed by Trader Resources (TSE) on a gold property in Macklem Twp., east of Timmins, Ont. Recommendations as to the size and scope of future exploration work will …
Exploration results at the Rossland gold project in southern British Columbia have yet to live up to the predictions of Bryndon Ventures’ President Bernard Brynelsen. The 77-year-old discoverer of Bre…
The minerals division of resource giant Noranda Inc. (TSE) exceeded all expectations last year, making minerals a close second to Noranda’s forest products division in terms of earnings, says the comp…
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