At Rouyn Mining Resources’ (TSE, ME) Francoeur mine, the focus has shifted from mining to reserve development. Mining was stopped in late June because it was too costly. According to President Jean-Gu…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Sept 129.00 127.85 128.10 — 0.70 Oct 128.10 127.40 126.90 — 0.30 Nov — — 125.40 + 0.40 SILVER (in US cents pe…
International mining company Placer Dome (TSE) recently made the first shipment of gold bullion to refiners from the newly commissioned 1,650- ton-per-day first-stage plant at the Porgera mine in Papu…
This summer’s exploration program on the Lawyers property, owned by Cheni Gold Mines (TSE), has proved disappointing for the junior gold producer. The 100% owned Lawyers Mine is in the Toodoggone regi…
Recent drilling by Timmins Nickel (TSE) on the Langmuir No. 1 deposit, four miles east of the company’s Redstone mine, has intersected 3.44% nickel over a true width of 40 ft. The intersection came fr…
Open-market stock purchases by Total Resources (Canada) of Calgary have boosted the company’s holdings in Total Energold (TSE) to 72.5% of the latter’s outstanding shares. Total Resources, a wholly ow…
A new corporation, to be named Winchester Mining, is to be formed by the proposed amalgamation of Golden Terrace Resources (TSE) and privately owned Stan North Mining Corp. Terms of the agreement call…
Representatives from 12 major mining contractors met recently in North Bay, Ont., and formed the Mining Contractors Association of Canada (MCAC). The delegates, from Ontario, Saskatchewan and Quebec, …
Week’s Price (US) Change Gold* $384.60 — $4.50 Silver* $4.76 — $0.10 Platinum* $484.50 — $3.75 Nickel** $4.96 — $0.03 Lead** $0.39 — $0.01 Copper- $1.32 — $0.01 Zinc $0.71 — $0.04 Courtesy of S…
.U.S. Grant Gold Mining Co. Ltd. (USG:VSE) has changed its name to Atrium Resources Ltd. (ATM:VSE) on a 1-new-for-7-old- share basis. Transfer agent is Central Guaranty Trust.
Agnico-Eagle Mines Limited — 3,200,000 shs and 1,600,000 wts offered @ $8.625 per unit. American Barrick Resources Corporation — 5,000,000 shs offered @ $24.50 per sh. International Suneva Resources…
The price of gold bullion remained relatively stable during the week ended Sept. 4 as tensions in the Middle East appeared to have eased somewhat with the release of Western women and children held ho…
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