Metal prices continue to fall, dragging Scotiabank’s monthly all- commodity price index with them. The index was down by 1.1% in May compared with April. Bank economist Patricia Mohr says the decline …
A potential new gold zone at the Cape Ray gold property in southwestern Newfoundland has been announced by Dolphin Explorations (TSE). The new quartz vein discovery occurs on the northeast shore of Bi…
Marshall Minerals (ASE) reports it has raised an additional $3.15 million by means of a private placement to a European institutional investor of 1.5 million common shares at $2.10 per share. A portio…
Australian giant Elders IXL Ltd. has been granted a listing on The Toronto Stock Exchange of 2.5 billion American Depositary Shares. A total of 1.4 million shares are issued and outstanding while the …
The Geological Association of Canada will hold its 1990 annual meeting in Vancouver on May 16-18. Miners will be especially interested in three conferences: Acid mine drainage — designing for closure…
A contract for project management, engineering, procurement and construction management services for the Fort Cady boric acid project in California has been awarded to Kilborn International of Toronto…
A $3.1-million working capital loan has been arranged by Pioneer Metals Corp. (TSE) with its major shareholder Pegasus Gold (TSE). The funds will be used for general corporate purposes and for operati…
Major North American gold producer Corona Corp. (TSE) has expanded its international horizons by purchasing a 7% equity interest in Bond International Gold (TSE) for about $30 million(US). Australia-b…
Already mid- way through a feasibility program, Pacific Talc (VSE) is hoping to become British Columbia’s only producer of industrial talc products. The company has mineral rights to a large, proven t…
A team of scientists from Inco Ltd. who developed an innovative process to destroy cyanide in industrial effluents has been awarded an industrial technical achievement award. The 7-member team from In…
An attempt by Societe Miniere Louvem (TSE) to obtain an out-of-court settlement with Aur Resources (TSE) over a disputed massive sulphide discovery east of Val d’Or, Que., was discussed at the recent …
Signs that gold prices are on an upward trend provided some encouragement for investors and brokers during the past week. While trading still remains generally sluggish, many expect that if gold price…
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