Ontario’s Mining Week, June 1-7, was overshadowed by the explosion at the Westray coal mine of Curragh Inc. in Nova Scotia that killed 26 miners a month earlier. The disaster focused attention on Onta…
A 170-metre stepout hole at Tri Origin Exploration’s (TSE) Lewis Ponds property in southeastern Australia has intersected a 20.5-metre interval with encouraging base and precious metal values. Hole TL…
Saskatchewan-based Cameco (TSE) recently announced two separate developments designed to enhance its position as supplier of 10% of western world uranium. President Bernard Michel said Cameco has elim…
The Kangaroo Nugget gold bullion coin of Australia was the top-selling gold coin in the world in 1991. The World Gold Council, an international association of major gold producers, reported that the A…
Robert Swenarchuk, a spokesman for Goldbelt Resources (VSE), said the company expects to complete the acquisition of Comptoir International du Commerce by July 1. Comptoir, a Luxembourg company, has a…
Calgary-based Keylock Resources (ASE) says it has agreed to form a joint venture with Czechoslovakia’s state mining company, Rudne Bane. Under a 50-50 partnership, the two companies will evaluate all …
Week’s Price (US) Change Gold* $342.10 + $4.25 Silver* $ 4.11 + $0.05 Platinum* $369.25 + $2.00 Nickel** $ 3.24 + $0.01 Lead** $ 0.25 $0.00 Copper $ 1.04 + $0.01 Zinc $ 0.59 – $0.07 Courtesy of Scotia…
June 16 June 15 June 12 June 11 June 10 High Low Composite “300” 3407.27 3409.77 3407.98 3385.37 3368.63 4009.47 3009.91 Metals&Minerals 3168.64 3174.53 3196.97 3182.40 3170.99 3453.06 2502.63 Integra…
Without any hard information to feed on, Toronto Stock Exchange issues involved in the Lac de Gras diamond play lost some momentum during the week ended June 16. Nervous investors have been told not t…
An underground drilling program at the Pend Oreille zinc-lead property in Washington state of RFC Resource Finance (TSE) should be completed in July, President David Watkins said at the annual meeting…
Flow-through shares provided the best form of financial aid to Quebec’s mining industry in the past and the tax shelter should be fully re-instated, concludes a study by a Montreal geologist and lawye…
A settlement agreement allowing Wharf Resources (TSE) to purchase a 60% interest in the Golden Reward mine from MinVen Resources (TSE) will free up several million tons of reserves for further develop…
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