Traders continued their scramble to get back into the market after the news last week that the U.S. producer price index had risen by less than expected. The result was a 94-pt hike in the composite …
Initial results from bulk sampling completed on the Eagle River property by Hemlo Gold Mines suggest that gold values are higher than that estimated by drilling. Central Crude Ltd. (TSE) holds a 40% i…
Buy metals at yesterday’s price whenever you please. It’s like printing money. Ridiculous, you may say. Well, I did just that for several years. This is how it happened — a continuous, quiet routine …
While the Nickel Plate gold mine in British Columbia continues to cause problems, the on-going message of Corona Corp. (TSE) for the entire company is one of good growth potential in low-cost precious…
Placer Dome has obtained approval from the government of Papua New Guinea to begin construction at its Porgera gold project, a $900-million investment. Placer Dome is operator holding a 30% interest w…
The reactivation of the Bunker Hill mine has breathed new life into this depressed community which went into a tailspin after the mine shut down in 1981. Even so, the fragile nature of the area’s econ…
A stronger Canadian dollar was partly to blame for reduced earnings during the first quarter of this year, Hemlo Gold Mines (TSE) reports. The company, controlled by Noranda Inc. (TSE), says it receiv…
Low gold prices and a lower grade of ore at the Dumont mine near Val d’Or, Que., were part of the reason Belmoral Mines (TSE) recorded a $4 million net loss for the first quarter of this year, the com…
Franco-Nevada Mining (TSE) recorded year-end (for the fiscal year ending March 31) net earnings of $1.5 million (13 cents per share), compared with $129,600 (1 cents per share) for the previous fisc…
Metrologist Jan Merks is seeking help from mining companies for a book dealing with the metrology of precious metals ores. He can be contacted at: P.O. Box 697, Station A, Vancouver, B.C. V6C 2N5.
Mineral producers in Canada face a more promising future than in recent years, a spokesman for the federal government said. “Clearly, the picture for the mineral producing side of the mining industry …
Geologists from McMaster University in Hamilton have been awarded a $112,000 grant to study the earth’s crust near Kapuskasing, Ont. The research team, led by Professor Dennis Shaw, will explore the u…
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