News

Preliminary reserves within the No. 2 zone at Glimmer Resources’ (TSE) Beatty-Hislop gold project are estimated to be 469,834 million tonnes grading 12.4 grams gold per tonne. An incorrect figure was …

Lower metal prices and reduced sales from Falconbridge’s Kidd Creek zinc-copper-silver mine combined to diminish the company’s first-quarter operating income by $5.5 million. Falconbridge is a wholly …

Wiscan Resources (TSE) President Richard Nemis and his wife Diane are poised to benefit from any share activity that may result from exploration on the Toronto company’s Wisconsin gold properties. Acc…

London Metal Exhange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 11 June 10 June 7 June 6 June 5 Copper 1347-1349 1314-1316…

It isn’t just mining that’s being driven into the dumps these days in northern Ontario. Signs abound that the whole economy there is slumping sharply. Even fishing. Recently I spent three days at the …

Jerry Wright appointed president and chief executive officer; Gordon Osbaldeston and Robert Welty appointed directors.

Randy Turner appointed president and director. John Greig, Gary Schellenberg and Jerry Minni appointed directors.

Mineral exploration in New Brunswick for the first five months of 1991 was brisk, the province’s Department of Natural Resources and Energy reported. In the Bathurst-Newcastle mining camp, a drilling …

A drop in the prices of gold, silver, lead and zinc helped push Hecla Mining (NYSE) into a US$2.7-million loss for the first quarter of 1991. This compares with earnings of US$4.6 million in the year…

Peter Lalor, Christopher Lalor and Eardley Ross-Adjie appointed directors succeeding Robert Allen and Rodney Knutson who resigned.

The Spokane Stock Exchange, which played an important role in financing mining activities throughout the Pacific Northwest for 94 years, closed its doors May 24. “It was a sad day,” said Stan Covey, …

Robert Gillingham appointed senior vice-president, corporate finance.