The recent exploration success at the Red Lake gold mine in northwestern Ontario could translate into a mid-term price of $20 to $25 per share for Goldcorp (TSE).Such is the opinion of David James, go…
Several senior officers of Noranda (TSE) and its affiliates traded options and common shares in the company over the past few months.According to the Ontario Securities Commission’s OSC Bulletin, Keit…
Several juniors are acquiring ground in the Timmins, Ont., area, as they search for signs of the elusive yellow metal.In Reeves Twp., Cross Lake Minerals (VSE) has acquired a 100-claim property coveri…
The hostile takeover of Eldorado (TSE) by Glamis Gold (TSE) is on the rocks.In an eleventh-hour move, Glamis withdrew its application before the Ontario and British Columbia Securities Commissions, re…
Ownership of the Mount Pleasant polymetallic mine in New Brunswick has changed hands.Adex Mining (TSE) acquired all of the shares of Piskahegan Resources, which holds a 100% interest in the mine prope…
Excessively high capital costs have forced Inmet Mining (TSE) to shut down and re-evaluate the Copper Range operation in Michigan.Mining and milling at Inmet’s 80%-owned facility will cease in late Se…
The government of Puerto Rico has banned open-pit extraction of metals, and North America’s mining industry is not amused.Indeed, one American company, USMX (TSE), is taking the matter personally.”No …
It was only a matter of time before South Africa’s major mining companies became interested in the opportunities being aggressively developed in their own backyard by North American juniors.In the spa…
A cobalt recovery plant operated by Ego Resources (TSE) is now in business, employing 50 people and producing 300 to 500 lb. of the metal per day.Situated in Cobalt, Ont., the $14-million hydrometallu…
Drilling on the Tomi concession in Venezuela’s Bolivar state is resulting in the extension of gold-mineralized zones.Preliminary estimates by Bolivar Goldfields (TSE) put the minable resource at 3.7 m…
A first phase of drilling by Inmet Mining (TSE) is under way on the Tarp Lake gold project near Pickle Lake, Ont. The program is being funded by junior Avalon Ventures (VSE), which can earn a 49% inte…
The investment funds that piled into aluminum, copper and other metals between late 1993 and early 1995 are here to stay, according to a study by CRU International, a business consultant in metals and…
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