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Big institutions behind Resource Capital Intl.

Take 45 of the largest financial institutions in the world, add almost $40 million in capital — loose change for the big players — and you get Resource Capital International (RCI). Bermuda-based in …





McIntyre posts nine-month profit

For the nine months ended Sept 30, McIntyre Mines posted a profit of $1.65 million or 45 cents per share before extraordinary income, compared to a profit of $1.3 million or 36 cents per share in th…





Cornucopia renegotiates Red Mountain deal

A lease agreement held by Cornucopia Resources has been renegotiated, the company says. The agreement concerns the Red Mountain gold deposit in Colorado. Under the new deal, Cornucopia will receive a …


Metals Report: Labor relations seen improving

Labor relations in the mining industry are changing dramatically in the 1980s, largely a result of the changing economics of the industry. The 3-month old strike at Noranda’s Canadian Electrolytic Zin…


Obituary: Lyle Smith

A long-time prospector and mining entrepreneur, Lyle F . Smith, has d ied at the age of 65, at his home in Killaloe, Ont. Mr Smith was particularly active throughout his career in northern Ontario and…


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