Drilling on the Macuelizo gold-oxide project in Honduras recently returned encouraging results for owner Melinga Resources (VSE). One hole in a previously untested zone known as the Sugar Loaf Hill re…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb. 23 Feb. 22 Feb. 19 Feb. 18 Feb. 17 Copper 1508-1509 1520-1521 1527-1528 1538-15…
Canada and Mexico recently signed an agreement to develop ties between the mineral industries in both countries. Under the new pact, Canadian and Mexican organizations can exchange experts and informa…
Roger Flowerdew appointed chief financial officer.
Merritt Marcus elected director.
Alfred Hamel, Don Murphy, Gilles Tremblay and Yvon Goyette appointed directors; Mario Caron appointed president; Pierre Boudreault appointed vice-president, mines and administration.
Brain Ross appointed director.
With ore reserves nearing depletion, Placer Dome (TSE) has announced that it will close its Dona Lake mine near Pickle Lake in northwestern Ontario on Aug. 1. Eighty-one employees will be affected by …
James Bruce appointed president.
A deep hole drilled at High River Gold Mines’ (VSE) Nor-Acme mine in Snow Lake, Man., has intersected two zones of gold mineralization, the company says. The hole was drilled to test the down-plunge e…
Ted Seeberg appointed president and director; Herb Frederickson and Raymond Lyons appointed directors.
A drilling program is planned by Allegheny Mines (ASE) at its expanded property holdings in northwestern Ontario. The company hopes to increase reserves by testing a new structural interpretation and …
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