Clearly, bureaucratic gridlock in all of Canada has not reached epidemic proportions if the logical and creative plans of Royal Oak’s Hope Brook mine to add a copper flotation circuit can be accomplis…
Several factors have contributed to a loss of $4 million in the third quarter for Firstmiss Gold (NASDAQ). These include a $1-million writedown of low-grade ore stockpiles, high operating costs due to…
Speculation over upcoming bulk-sample results from the Lac de Gras area of the Northwest Territories sent Dia Met Minerals to a high of $62 for a gain of $9.13 during the week ended May 25. Waiting an…
With gold holding on to gains, and diamond stocks generally steady, the Vancouver Stock Exchange resource index continued its upward sprint, finishing the week ended May 25 up more than 70 points at a…
Toronto-based Hemlo Gold Mines (TSE) will increase to 27% its interest in Freewest Resources (TSE) by acquiring one million shares of the junior under a financing agreement signed in 1989. The common …
— Week — May 25 May 24 May 21 May 20 May 19 High Low Composite”300″ 3859.91 N/A 3835.99 3831.59 3811.29 3859.91 3801.34 Metals&Minerals 2916.19 N/A 2880.75 2900.64 2882.36 2925.62 2860.54 Integrated…
Toronto-listed Brunswick Mining and Smelting has earmarked $37.5 million over the next five years to find ore within trucking distance of its New Brunswick operation. If this search proves fruitless, …
The sharp turnaround in the gold price in April and its continued strong upswing should herald renewed financial strength for this sector of the mining industry. Spurred by investors jumping into the …
It has been three long years since Great Lakes Minerals first listed on the Toronto Stock Exchange and embarked on a quest to join the select group of Canadian juniors that can boast an operating cash…
The average cash cost of Western gold producers dropped to US$247 per oz. in 1992 from US$260 the previous year, Gold Fields Mineral Services reports in its Gold 1993 report. otal average production c…
The world platinum market was marginally oversupplied last year by 20,000 oz., Johnson Matthey says in its Platinum 1993 Review. Supplies of the metal dropped by 8% in 1992 to 3.82 million oz. because…
The Ontario Ministry of the Environment and Energy has issued Madeleine Mines (TSE) final approval for operation of the Lac des Iles platinum-palladium mine, 60 miles north of Thunder Bay, Ont. Upon c…
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