Copper giants Asarco (AR-N) and Cyprus Amax Minerals (CYM-N), which are negotiating a 2-way merger, have asked Phelps Dodge (PD-N) to postpone its hostile takeover bid until after the merger is…
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateAug. 31Aug. 30Aug. 27Aug. 26…
The Lac des les palladium-platinum mine near Thunder Bay, Ont., continues to keep operator North American Palladium (PDL-T) awash in red ink.The company posted a net loss of $3.8 million (42 cents pe…
The last six holes drilled on the Duck Pond polymetallic property in central Newfoundland have confirmed the results of earlier drilling, while offering hope that the resource may be larger than earli…
Antimony: Mid-mkt US$1,215/t.Bismuth: Mid-mkt US$3.90/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65/t.Cobalt: Recent trades US$18.60-20.00/lb.Copper: Comex Sept. US$0.777/lb.Indium: Indi…
An early-stage gold discovery has Fancamp Resources (FNM-V) hopeful of the potential of its newly acquired Kourouba concession in the Kalana region of southwestern Mali, 90 km south of the capital cit…
Mervyn Arthur UphamMervyn Upham, who earned a place in the Canadian Mining Hall of Fame for his part in developing 22 mines in this country, has died following a lengthy illness. He was 82.Born in Bay…
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:Aurado Exploration (AEO-T) — Paul Conroy, director, sold 88,500 shares indi…
ExchgVol(000s)HighLowCloseChangeInco LtdT9442…
The Dow Jones industrial average came off its high with four consecutive days of losses amid further fears about interest rates. The market was down 454.02 points, or 4%, to close at 10,829.28 for the…
The Vancouver Stock Exchange composite index edged up 1.37 points to close the report period ended Aug. 31 at 407.88. The mining index slipped 1.93 points, or 0.7%, to finish the week at 272.36. The c…
Growing concern of another interest rate hike south of the border crossed over to the Toronto Stock Exchange, causing the TSE’s 300 index to plunge 198.99 points during the report period Aug. 25-31. T…
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