Denver — Financially beleaguered Crown Resources (CRRS-O) says it will not be making its final, US$15.4-million payment, thereby defaulting on its 5.75% convertible subordinated debentures. The payme…
Denver — After concentrating for years on the Tonkin Springs gold project in Nevada, U.S. Gold (USGL-O) is shifting its focus to a silver-lead-zinc property in Mexico.The company leased the 47-ha Zim…
John Ing of Maison Placements Canada has long made the case that gold is an effective hedge against both a lower U.S. dollar and a weaker economy. For most of the past six years, however, the U.S. eco…
ExchgVal($000s)HighLowCloseChangeAlcoa*N37317239.6537.3538.78+1.38…
Denver — Falling consumer confidence kept a lid on financial markets, holding the Dow Jones industrial average to a 47.89-point (0.5%) gain during the report period ended Aug. 28 at 10,222.03, while …
The Society of Economic Geologists (SEG) is planning six field trips in conjunction with its Global Exploration conference, slated for April 14-16, 2002, in Littleton, Colo.The trips will encompass:- …
Base metals markets enjoyed a second good week during the Aug. 20-24 period, with most managing to at least hang on to the gains made late the previous week.Nickel was the strongest performer, as the …
44.46 (-2.16)(Sept. 30/98 = 100)…
The Ontario Mineral Exploration (OMET) program now has a technical advisory committee.The committee will evaluate proposals and make funding recommendations submitted to OMET, a 4-year, $8-million ini…
Denver — A newly filed lawsuit is threatening Archangel Diamond’s (AAD-V) ongoing efforts to resolve a title dispute over the Verkhotina diamond licence in northern Russia. LUKoil, Russia’s largest o…
A report published by London-based Roskill Consulting Group highlights major changes in the bentonite industry.Among the developments highlighted in The Economics of Bentonite (ninth edition) are the …
With three resuscitated producers under its belt, First Quantum Minerals (FM-T) has turned its sights on the historic Kansanshi copper-gold deposit in Zambia.The mid-tier producer, which operates the …
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