Markets opened the year in good shape, with base metal prices, in particular, continuing to inch upwards. The metal price upsurge reflects burgeoning demand by consumers in most markets. Europe and Ja…
A stagnant gold price, coupled with continuing weakness in the price of the Canadian dollar, limited the Toronto Stock Exchange to a small gain over the 5-day report period ended Jan. 10. The composit…
Assay results from the Damoti Lake property north of Yellowknife, N.W.T., continue to show high-grade gold values. Operator Consolidated Ramrod Gold (TSE) has released results from 11 holes of a recen…
Copper producer Rio Algom (TSE) is acquiring Alcan Aluminum’s Metals Goods distribution business. Metals Goods operates a network of 39 facilities throughout the U.S. which sells and distributes stain…
London Metal Exchange Spot closing prices in $US per tonne Date Jan. 10 Jan. 9 Jan. 6 Jan. 5 Jan. 4 Copper 3037-3038 3002-3003 2984-2985 2942-2944 2895-2896 Lead 665.50-666.50 663-664 654-655 648-649 …
Junior Minorca Resources (ME) intends to acquire a half interest in the dormant Bachelor Lake gold mine from Espalau Mining (ME). The company would do so by funding $4.5 million of exploration and dev…
Drill results from the Desjardins gold property, near Lebel-sur-Quevillon, Que., are providing encouragement to Diabex Resources (ME). The drilling was carried out by Placer Dome (TSE), owner of the p…
Toronto-listed Waddy Lake Resources has released preliminary results from 19 holes drilled on its Komis gold deposit in northern Saskatchewan. The program was initiated in the hope of doubling minable…
“If the save-it-all green groups don’t get you, the native land claims will.” A cynical attitude, perhaps, but one that is becoming all too common among resource companies. Many are starting to worry …
Emerging trade issues that affect zinc will be highlighted at the 1995 International Zinc Conference of the American Zinc Association (AZA). The conference is set for Feb. 19-22 in Ft. Lauderdale, Fla…
ALUMINUM: MW U.S. market US93.5 cents-94.5 per lb. (Dec. 30, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Dec. 2, 1994). BISMUTH: MW New York dealer US$3.90-4.10 per lb. (Dec. 23, 1994). …
Junior El Bravo Gold Mining (VSE) has agreed to acquire the Chanaral copper concession in northern Chile through the reverse-takeover of the Chilean company Southern Cross S.A. The number of shares to…
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