The Similco copper mine near Princeton, B.C., will resume production in early August. The decision by owner Princeton Mining (TSE) reflects a 40 cents-per-lb. increase in the price of copper since ope…
Southern Pacific Copper (VSE) has acquired the Toliman porphyry copper prospect in Mexico’s Chiapas state. It acquired the 3,600-hectare concession by staking after it was released from the federal re…
Drilling is expected to begin later this summer on the Goodnews Bay platinum project 420 miles southwest of Anchorage, Alaska. The program will be managed by Starcore Resources (VSE), a Murray Pezim-c…
Three TSE-listed companies — Lac Minerals, Tintina Mines and NSR Resources — have ceased negotiations to pool land and jointly develop a gold exploration program in the Fort MacKay area of northeast…
A larger-than-expected drop in the Bank of Canada key rate, coupled with a rise in the Canadian dollar, helped the TSE 300 index continue its mid-summer rally. On July 19, the TSE 300 index jumped 58….
Although strength in bond and currency markets managed to help major eastern indexes, western markets continued to track down over the report period ended July 19. The Vancouver Stock Exchange resourc…
Concrete will start pouring later this month on the foundation of Cameco’s (TSE) second gold mill in northern Saskatchewan. Situated in La Ronge Provincial Park, a popular canoeing and fishing area, t…
London Metal Exchange Spot closing prices in $US per tonne Date July 19 July 18 July 15 July 14 July 13 Copper 2473-2474 2453.5-2454.5 2470.5-2471.5 2466.5-2467.5 2229-2230 Lead 595.5-596.5 592.5-593….
By world standards, the Con mine is a premier orebody, having produced more than 4.7 million oz. gold since its startup in the 1930s. The property, situated just south of here, was first staked by Com…
A second phase of drilling on the Meliadine project near Rankin Inlet, N.W.T., is expected to get under way shortly. Partners Comaplex Minerals (TSE) and Cumberland Resources (VSE) recently completed …
An ore-hoisting device known as a skip has plummeted to the bottom of the main T-1 mine shaft in Thompson, Man. No one was injured, according to a report by Inco (TSE), as the incident occurred July 1…
Results of Waddy Lake Resources’ (TSE) evaluation of its Komis deposit at La Ronge, Sask., should be available by the end of July, as sample concentrate undergoes the last phase of testing. The $5.6-m…
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