Diamond fever sparked a feeding frenzy on western markets during the week ended Nov. 17, helping to boost the Vancouver Stock Exchange resource index by more than 20 points to the 570 level and the co…
If the nickel market continues to deteriorate, further production cuts could be in store at Inco’s (TSE) operations, says Chairman Michael Sopko. “We cannot carry the rest of the industry,” he told an…
Zinc producers need to follow the lead of Curragh (TSE) and cut production if they want to prevent further erosion of the zinc price, says Julian Baldry, an analyst with Nesbitt Thomson. Curragh says …
Metall Mining (TSE) has announced a secondary offering of five million class B subordinate voting shares of Teck (TSE). The offering will net Metall about $93.8 million which will be used to help fina…
The current state of mining and prospecting on Indian lands was the topic of a recent seminar hosted by the Sault and District Prospectors Association. The lands are administered under the Robinson Hu…
The board of directors of Audrey Resources (TSE) has approved a $7.3-million underground exploration and development program for the 1100 lens at the Mobrun property near Rouyn-Noranda, Que. The progr…
Shaft-sinking at the Holloway gold project near Matheson, Ont., has reached a depth of about 45 metres, according to a progress report by operator Hemlo Gold Mines (TSE). Advancing at a rate of a few …
The Ray Complex, about 35 miles south of here, has been called a “rock-to-metal” operation. Owned by Asarco (NYSE), the complex encompasses mining and milling operations at the Ray mine site as well a…
Drilling by Central Crude (TSE) continues at the Moss Lake gold prospect in northwestern Ontario, Tandem Resources (ME) and Storimin Exploration (ASE) report. Four holes have been completed, with good…
Three adjacent properties in the Douay area, about 20 km northeast of Joutel, Que., are the subject of agreements between Societe d’Exploration Miniere Vior (ME) and Soquem, the Quebec Crown mining ex…
The Canadian Shareholders Association, a non-profit organization based in Windsor, Ont., has launched a new, 5-year program designed to teach Canadians the principles and methods for successfully inve…
Mining became a much larger issue in the recent Yukon election than it has been in the past, says the managing director of the Yukon Chamber of Mines. Rob McIntyre said the chamber helped raise mining…
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