Researchers will study ways to safely and economically salvage some of the 800,000 tonnes of ore that remain in the underground pillars of the Nanisivik lead-zinc mine on Baffin Island. Such a project…
It’s difficult these days to find anyone making a bullish case for gold, at least for the immediate future. The price of the precious metal, in the $41 0(US) per oz range at the start of the year, has…
First-quarter financial results of Newmont Mining Corp. (NYSE) show net income of $9.4 million(US) or 14 cents a share compared with earnings of $114.4 million for the same period last year. The 1988…
The latest issue of Forbes Magazine, one of the most widely- read U.S. business publications, contains a scathing attack on the Vancouver Stock Exchange that is unprecedented in its ferocity and lack …
The Canadian Diamond Drillers Association has been promoting a safer diamond drilling industry for years. As a result, the presentation of the CDDA’s George Lemay safety awards are invariably a highli…
Amax Gold (NYSE) reported net earnings of $9.2 million or 15 cents per share in the first quarter of 1989 compared to $12.5 million or 21 cents for the same period of the previous year. Earnings w…
Drilling by Vista Mines (TSE) and Cameco has extended two mineralized zones on the Batty-Graham gold property 15 km west of Flin Flon, Man. The drilling was designed to test a series of stacked sub-pa…
Northgate Exploration (TSE) has purchased 500,000 shares of Hydra Explorations (TSE) in a private placement. The transaction gives Northgate a 12.3% interest in the company. Hydra holds a royalty inte…
A preliminary short form prospect with respect to the offering of seven million units (shares and warrants) will be filed with the Ontario Securities Commission by LAC Minerals (TSE). Each unit will c…
Ontario prospectors can learn about the latest techniques and methods of ground geophysics during a 3-day field school offered by the Haileybury School of Mines. The field school is funded by a $3,…
For the first quarter ended March 31, Malartic Hygrade Gold Mines (VSE) earned $211,353 or 6 cents per share. This compares with earnings of 4 cents per share during the same period last year. Malart…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) May120.00 117.00 117.10 — 8.50 Jun118.00 118.00 116.90 — 6.80 Jul117.50 114.50 11…
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