Despite record production at Hope Brook Gold’s (TSE) underground gold mine on the southwest coast of Newfoundland, lower gold prices and high production costs continue to hurt the company’s balance sh…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date August 7 August 6 August 3 August 2 August 1 Copper 1562-1564 1492-1550 1547-1550 15…
Further results from the Lynne project in Wisconsin, where Noranda (TSE) made a major zinc discovery in June, will not be released until Aug. 21, said Walter Nash, director of U.S. exploration. Nash s…
Projects in the Golden Triangle of northwestern British Columbia have upstaged star performers in other provinces to become Canada’s hottest plays this summer. Among them is Newhawk Gold Mines’ Sulphu…
Home Lake Resources Ltd. (HLAK:COATS) will use $120,663 to complete a zinc evaluation and exploration program on its mineral property in the Saganagons Lake area. The money was raised after 160,350 co…
North American Rare Metals (ME) and Moss-Power Resources (TSE) have agreed to purchase the remaining 41% interest in the Dorothy Lake and Dobie River properties near Pickle Lake, Ont. The interest, cu…
Aug. 7 Aug. 6 Aug. 3 Aug. 2 Aug. 1 HIGH LOW Composite “300” 3470.68 Holiday 3516.94 3546.97 3569.15 4009.47 3334.13 Metals & Minerals3189.64 Holiday 3295.38 3350.09 3382.78 3453.06 2850.84 Integrated …
Anglo Canadian Mining (TSE) has experienced some difficulties while wedging a second drill hole on its MWF gold property near Timmins, Ont., where Anglo is spending $250,000 to earn a 50% project inte…
A flow-through share financing worth $600,000 is being finalized by La Sarre Mining Exploration (ME) with Valeurs Mobilieres S.M.C. of Quebec. The proceeds will be used to finance an exploration progr…
Sharply lower profit was reported in the quarter ended June 30 by Hudson Bay Mining and Smelting (TSE), Canada’s fourth largest producer of copper and zinc. The company said its profit in the second q…
Net earnings for Cheni Gold Mines (TSE) for the six months ended June 30 totalled $2.5 million or $22 cents per share. The results compare with net earnings for the four months ended June 30, 1989, of…
What had at first appeared to be a significant new gold discovery in the Karpa Spring region of Western Australia has turned out to be a disappointment for joint venture partners Noranda (TSE) and Per…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.