The four participants in the Louvicourt Twp. base metal discovery emerged recently with a deal that removes all of the litigation surrounding the deposit, while guaranteeing Noranda’s (TSE) right to t…
Toronto-based Noranda Inc. (TSE) and Swedish mining conglomerate Trelleborg A.B. recently announced a $2-billion refinancing of their investment in Falconbridge Ltd. Noranda and Trelleborg, which each…
As one pundit put it the day after Ontario elected an NDP majority government: “It can’t mean any good for mining.” That seems to sum it up. We would be delighted if proved wrong, but the election of …
Recent drilling on the Expo Property on northern Vancouver Island has Moraga Resources (VSE) optimistic that the ultimate size of the Hushamu deposit could be in the order of 300 million tons. Moraga …
Investors reacted negatively to the unexpected election of the New Democratic Party to a majority government in Ontario on Sept 6. Several mining companies with operations in the province saw their sh…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Sept 135.20 133.80 134.80 + 6.70 Oct 132.80 132.00 132.30 + 5.40 Nov — — 130.65 + 5.25 SILVER (in US cents per …
Colorado- based Cyprus Minerals (NYSE) is seeking the necessary state and federal approvals to begin work on a major US$92.5 million modernization and expansion program at its copper smelter in Miami,…
The time: 3 a.m., June 7, 1938. Using a small hacksaw, two men cut two steel bars from a small chest-high window at the rear of the Dome mine refinery in South Porcupine, Ont., and climbed in. Moments…
A subsidiary of Dallas-based Uranium Resources (TSE) has signed a long-term uranium supply contract with a major U.S. electric utility. The deal calls for Uranium Resources to supply the utility with …
The word went out in November 1989 that socialism is dead, but the message doesn’t seem to have arrived in Ontario yet. Voters in Canada’s biggest and richest province gave the socialist New Democrati…
Onitap Resources (TSE) has hired legal counsel to defend itself against Exploration Orex (TSE), which is claiming damages for breach of trust, breach of fiduciary duty and injurious falsehoods at the …
Sept. 11 Sept. 10 Sept. 7 Sept.6 Sept. 5 HIGH LOW Composite “300” 3272.24 3287.65 3287.02 3312.80 3333.19 4009.47 3272.24 Metals & Minerals3005.41 2984.24 2976.62 2987.08 3032.76 3453.06 2850.84 Integ…
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