We are witnessing a downsizing of the middle class in this country because of uncontrolled government spending, uncaring government policies and unbearable tax grabs by all levels of government. There…
Low daily trading volumes, in the 2-million-share range, marked a week shortened by the year-end holidays. Both the market portfolio and the mining and minerals index managed advances during the week …
The first meeting of a Sudbury- based group which is seeking formal registration for all professional geoscientists in Ontario was held recently at Sudbury, Ont. Ed Sawitzky, vice-chairman of the Sudb…
Curragh Resources (TSE) and partner Hillsborough Resources (TSE) recently completed arrangement for a $55-million financial package for construction of the Mt. Hundere lead-zinc project in the Yukon T…
With its new mill at a standstill, the remote Colomac gold mine is now on borrowed time and may have to be shut down altogether when fuel supplies run out in March. Owner NorthWest Gold (AMEX), a 52% …
A package of six royalty and net profits interests (NPI) has been acquired by Euro-Nevada Mining (TSE) from the estate of a prominent Nevada mining prospector-developer for US$562,500, the company say…
After receiving poor exploration results from its Deception Lake property in northern Saskatchewan, Pine Channel Gold (VSE) has decided to drop the property. The move comes after a unit of Noranda (TS…
World Silver Survey, 1950-1990 predicts how the metal will fare in this decade. The book lists market factors that influence today’s silver price and analyses global silver supplies. Also included are…
Limited exploration on the newly discovered “P zone” at Central Crude’s (TSE) Eagle River property in the Mishibishu Lake area of Ontario has returned some encouraging results. While the best channel …
Can-Ex Resources Ltd.(CXZ: VSE) has changed its name to Kintana Resources Ltd. (KIN: VSE) with a consolidation of capital on a 1-new-for-5-old-share basis. The transfer agent is Central Guaranty Trust…
The board of directors of Montreal-based Cambior (TSE) recently approved a feasibility study for the Omai gold project in Guyana, South America, held jointly with Golden Star Resources (TSE). Golden S…
Earnings were down sharply for Cyprus Minerals (NYSE) during its the third quarter ended Sept. 30. The company reported third quarter earnings of US$42.2 million, compared with earnings of US$68.2 mil…
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