Canadians shouldn’t lose too much sleep worrying about all those Members of Parliament (MPs) who were fired Oct. 25. That’s because 73 of them instantly qualified to start collecting their gold-plated…
The Honduran government has granted Breakwater Resources (TSE) a 1,200-hectare exploration concession in the centre of the country. The 1,200-hectare La Chacra property is 100 km by road from the comp…
The nickel industry has reacted to lower prices by cutting costs. A study by research firm Brook Hunt & Associates of England says producers have chosen not to reduce production by a meaningful amount…
Cominco (TSE) reported a net loss of $123.3 million for the first nine months of the year, compared with a profit of $65 million for the same period in 1992. The red ink was mainly attributed to low b…
Permits have been completed for development of the Montanore copper-silver deposit in northwestern Montana. Giant Bay Resources (TSE) and private company Montana Reserves, along with joint-venture par…
Drilling is set to begin this month on the Hellens Eplett polymetallic property, north of Cobalt, Ont. The property is owned by Starmin Mining (TSE) and International Platinum (TSE). Operating the pro…
— Week — Nov 9 Nov 8 Nov 5 Nov 4 Nov 3 High Low Composite”300″ 4251.39 4216.45 4202.03 4213.73 4244.74 4264.36 4160.15 Metals&Minerals 3051.28 3058.66 3028.93 3006.77 3055.27 3080.92 2989.81 Integra…
After an encouraging first phase of drilling, Radisson Mining Resources (ME) is planning a 5,000-ft. program for the Lepine and Duquesne properties near Rouyn-Noranda, Que. Operator and joint-venture …
An Australian group interested in acquiring City Resources Canada (TSE) plans to review the feasibility study for the Cinola gold project on British Columbia’s Queen Charlotte Islands. The group of mi…
The continual erosion in the price of copper is taking its toll on Gibraltar Mines (TSE). The company reported a loss of $6.2 million in the first nine months of the year and a loss of $3.2 million in…
Western markets continued to gain ground, following gold’s US$12.50 rebound to the US$375-per-oz. level, while diamond issues either tracked down or tracked sideways. Over the period ended Nov. 9, the…
Following a 10-week shutdown, the Oracle Ridge copper mine in southwestern Arizona is back in production. Southern Copper (VSE), which owns 70% of the mine, has expanded mill capacity to 1,000 from 75…
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