News

Peter Bojtos won the “Name the Minerals” contest at the Prospectors and Developers Association of Canada’s annual convention, March 11-14. He is vice-president of corporate development at Kerr Addison…

REMOTE SENSING Mining companies can now monitor mining waste sites and tailings ponds in considerably more detail from, of all places, Earth orbit. Using thematic mapping (TM) data from the Landsat sa…

Production is scheduled to get under way early this month at the small, high-grade Jasper gold mine owned by Cameco and Shore Gold Fund (ASE) in northern Saskatchewan. Situated about 35 miles north of…

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar. 27 Mar. 26 Mar. 23 Mar. 22 Mar. 21 Copper 1579-1581 1592-1593 1650-1652 1671-16…

Options Open Series Volume Last Interest May 390 C 848 4.40 544 May 400 C 808 3.00 1,140 May 410 C 820 2.00 1,772 May 420 C 1,071 1.30 3,383 Aug. 390 C 514 12.70 25 Aug. 400 C 858 10.00 693 Aug. 420 C…

After intersecting 90 ft. of mineralized veining grading 0.26 oz. gold per ton on the Goodfish property near Kirkland Lake (T.N.M., March 19/90), International Platinum (TSE) has decided to give the p…

In terms of divisional earnings, minerals fell to third place last year behind forestry and manufacturing for the diversified resource giant Noranda (TSE). Noranda Minerals reported lower earnings of …

Toronto-based Denison Mines (TSE) says it is cutting its Elliot Lake, Ont., workforce by 450 and trimming uranium production by about 37% to keep the operation economically viable. Scheduled to be com…

Exploration of the Dream property owned by International Curator Resources (VSE) will continue this summer with Placer U.S., a unit of Placer Dome (TSE), planning a $500,000 program. Placer is earning…

Mar. 27 Mar. 26 Mar. 23 Mar. 22 Mar. 21 HIGH LOW Composite “300” 3678.46 3667.46 3701.40 3704.91 3735.84 4009.47 3649.49 Metals & Minerals 3170.65 3156.16 3178.21 3176.74 3226.84 3453.05 2921.03 Integ…

The Minnesota government has given notice that it will auction off leases to prospect for and mine metallic minerals on several state- owned properties in northern Minnesota. The sale, affecting eight…

Gold analysts are calling last week’s unexpected US$23 tumble in the price of bullion a “short- term aberration” caused by a single gold sale in Europe and other significant sales by investors in Toky…