News

Cameco’s public offering at $12.50 per share has met with widespread enthusiasm, said Jim Davey, a spokesman for RBC Dominion Securities, the lead underwriter. “It is well oversubscribed, both intern…

Ground exploratory work is under way at the Red Lake gold property at the north end of Confederation Lake in northwestern Ontario, Starmin Mining (TSE) reported. The president of Starmin (formerly Si…

A 33-hole (3,965-metre) reverse circulation drilling program recently completed at the joint-venture prospect in Botswana of Repadre Capital (VSE) has failed to intersect any kimberlite intrusives, a …

Great Lakes Minerals (TSE), centring its efforts on Michigan’s famed Keweenaw copper district which has yielded more than 12 billion lb. of the red metal over the years, has restructured a previous ag…

ALUMINUM: MW U.S. Market US59.50-61.50 cents per lb. (Jun. 20, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$3.00-3.10 per lb. (Jun. 20, 1991). C…

The spot price of copper, reacting to news out of Chile that about 10,000 workers at the government-owned Chile Copper Corp. had gone on strike over salaries in early July, gained almost two cents on …

Toronto-based Fort Knox Gold Resources (TSE) says it plans to begin drilling soon on 31 claims in Fawcett Twp. near the Shiningtree area of Ontario in the hope of finding a volcanogenic massive sulphi…

With two operations recently closed and a third mine shutdown imminent, Noranda (TSE) is bringing into play its environmental management system that has been developed during the last several years to…

Shareholders of Muscocho Explorations (TSE) recently granted the company permission to issue up to 11 million common shares to its creditors. The planned share issue is part of an amended plan of arra…

A $230,000 drill program began recently at the Queenston Mining (TSE) and Strike Minerals (CDN) base metal joint venture in Robertson Twp. 14 km north of Matachewan, Ont. Having outlined preliminary …

Leslie Hart appointed president and chief executive officer; Robert Downes appointed director.

David Rennie appointed president; Robert Lambie appointed director.