News

The current state of mining and prospecting on Indian lands was the topic of a recent seminar hosted by the Sault and District Prospectors Association. The lands are administered under the Robinson Hu…

Mining became a much larger issue in the recent Yukon election than it has been in the past, says the managing director of the Yukon Chamber of Mines. Rob McIntyre said the chamber helped raise mining…

Minproc Engineers of the U.S. and Australia and Hugo Petersen of Germany have agreed to combine their expertise and resources. Minproc will design and construct sulphuric acid plants and related turn-…

Gold’s recent dip to a 6-year low of US$330 per oz. was largely a function of a strengthening of the U.S. dollar relative to other currencies, some analysts say. “In U.S. dollar terms it got pushed to…

There is something wonderful about individuals taking advantage of their God-given talents and strengths and using them for their own and mankind’s benefit. The same might be said about Canadian provi…

Perhaps the most urgent issue for mining in the West has been the attempt to amend or to revoke the Mining Law of 1872. For four or more years, a fight to replace the Law was led by Representative Nic…

A strong performance from gold operations enabled Placer Dome (TSE) to report a 45% improvement in earnings for the first nine months of this year over the comparable period in 1991. Net earnings reac…

Despite remaining unhedged against weak gold prices, Agnico-Eagle Mines (TSE) reported third-quarter earnings of $3.75 million (13 cents per share) compared with $442,000 (1 cents per share) for the s…

Week’s Price (US) Change Gold* $ 335.40 + $5.20 Silver* $ 3.77 + $0.06 Platinum* $ 353.50 – $1.10 Nickel** $ 2.43 – $0.10 Lead** $ 0.21 + $0.01 Copper $ 0.97 + $0.01 Zinc $ 0.47 $0.00 Courtesy of Scot…

The discovery of tiny colored stones in the Lac de Gras area of the Northwest Territories has spawned a new surge of investor interest in the diamond exploration game. After joint venture partners Abe…

Gold Funds as of Nov. 10 BGR Central Net Value $8.25 $5.14 Price $6.75 $4.80 Discount 18.14% 6.6% Value $47,980,000 $80,756,640…

Michelle Lepik appointed director.