Despite an upswing in the price of gold during the week end the VSE composite index showed little movement, finishing at 566.61 The resource index fared better, adding 14.43 points to close at 55 G…
As far as Fenton Scott can see, there is no light at the end of the tunnel for Canada’s junior mining companies. Already battered by high interest rates, investor apathy, and a large-corporations tax,…
Northfield Minerals (ASE) has resumed work at the Cheminis gold mine near Virginiatown, Ont., and expects to process its first ore within 6-8 weeks. At the moment, Northfield is reactivating the surf…
Price (US) Week’s Change Gold* $370.70 + $ 9.10 Silver* $ 4.51 + $ 0.34 Platinum* $379.75 + $ 1.25 Nickel** $ 3.69 — $ 0.01 Lead** $ 0….
Calls are again going out for nominations for admission to the Canadian Mining Hall of Fame, the successful candidates from which will be ceremoniously inducted at its fourth annual banquet billed for…
Encouraged by ongoing deep drilling at the Golden Patricia property near Pickle Lake, Ont., Bond Gold Canada, a unit of Bond International Gold (TSE), will sink a 1,100-ft. shaft at the mine starting …
News of McNickel’s plans to earn a 50% interest in a tire recycling joint venture more than doubled the value of the junior explorer’s shares. On thin volume, McNickel gained eight cents to close at 1…
“The history of mining until this century was one of small-scale operations, often crude in terms of technology and hazardous to health and safety but nevertheless providing the necessary mineral raw …
The United Steelworkers of America has teamed up with Inco (TSE) to create an Environmental Awareness Committee, the first of its kind in Canada. To be co-chaired by Inco vice-chairman Walter Curlook…
A loss of $2.4 million was reported by Total Energold (TSE) on net sales of $13.1 million for the 1991 first quarter, compared with a loss of $1.7 million on sales of $9.2 million for the first three …
An offering worth about $44.6 million, involving the sale of three million units in Canada and Europe only, has been announced by Pegasus Gold (TSE). The gold producer said each unit, to be priced at…
British Columbia’s coal producers reported a record loss of $88 million in 1990, marking the worst yearly performance since the Coal Association began its compilation of results in 1982. The primary …
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