News

The Yukon remains a small and specialized economy dependent on mining. Although there has been an increase in the size of government and increased economic diversification, mining remains the most imp…

69.06 (+2.83)(Sept. 30/98 = 100)…

47.75 (-0.82)(Sept. 30/98 = 100)…

More than 1,200 workers at the Falconbridge nickel plant in Sudbury, Ont., went on strike after their contract expired on Aug.1.Negotiations for a new contract between Falconbridge and Canadian Auto W…

Copper again set the tone for much of the trading during the report period July 24-28 and looks set to sustain its position of dominance. The stronger copper price seemed only to affect zinc, which br…

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAug. 1July 31July 28July 27July 26…

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateAug. 1July 31July 28July 27…

Thanks to stronger demand for potash and higher nitrogen prices, Potash Corp. of Saskatchewan (POT-T) turned a tidy profit in the second quarter.Net earnings in the three months ended June 30 topped U…

Hope Bay Gold (HGC-T) has raised $2 million through the private placement of 4.9 million units priced at 41 each. A unit consists of one share and one warrant, with a warrant entitling the holder to …

NDT Ventures (NDE-V) is preparing to begin a work program at its newly acquired Antana gold project, 80 km from the city of Juliaca in southern Peru’s Puno department.The program will test gold minera…

Although we think of silver as a bacteria fighter, a group of scientists in Sweden has found a bacterium that actually grows silver crystals and stores them on the edges of its cell wall.This discover…