Cominco began its high Arctic development with the Black Angel silver-lead-zinc mine in Greenland in 1973. In 1982, it opened the Polaris lead-zinc mine in the Arctic Islands. And in late 1989, tune-u…
Price (US) Week’s Change Gold* $356.25 + $ 0.35 Silver* $3.97 + $ 0.03 Platinum* $394.25 + $ 0.80 Nickel** $4.10 …
Sherritt Gordon (TSE) Chairman Ian Delaney and President Bruce Walter recently delivered on a promise to invest more of their own money in the Toronto-based metal refiner and fertilizer producer. Acco…
Ontario Hydro has already begun shopping around for new uranium sources to replace the amounts supplied under recently cancelled long-term contracts signed with Denison Mines (TSE). While uranium prod…
Assays are being received for the first-phase drilling program at the Goldridge gold prospect in Oregon, Golconda Resources reported. The junior, which slipped a penny to 65 cents, traded almost 300,0…
News of plans for a third drill program at the Robertson Twp. copper-zinc prospect near Matachewan, Ont., kept Strike Minerals active. Trading on a volume of 23,500 shares, the company closed at 35 ce…
An agreement to jointly explore property in English and Zavitz twps. in northeastern Ontario has been negotiated by Tintina Mines (TSE) and NSR Resources (TSE). Tintina optioned the property — compr…
Calgary has been selected as the site for next year’s Second International Conference on Environmental Issues and Management of Waste in Energy and Mineral Production. A “call for papers” was recentl…
General recessionary pressures including lower prices for aluminum, gold and oil resulted in a 36% drop in first quarter earnings for Amax Inc. (NYSE). The New York company recorded net earnings of U…
The original investments Minnova (TSE) made in the Winston Lake and Ansil mines have been paid off, and the company is in the enviable position of having a substantial cash balance, shareholders learn…
The companies involved in the Big Bell open pit mine in Western Australia recently announced that proposed development of an underground mine on the property will not proceed. The mine is owned by jo…
Noranda (TSE) has offered to sell all of its gold assets worldwide to Hemlo Gold (TSE) for $80 million. If the deal goes through, it would boost Hemlo’s reserves of proven and possible contained gold …
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