Trading picked up somewhat during the period ended July 2 with investors awaiting results from recently started drilling programs. The composite index gained more than 18 points to close at 570.35, wh…
London Metal Exhange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 2 July 1 June 28 June 27 June 26 Copper 1412-1413 1402-1403 13…
With two operations recently closed and a third mine shutdown imminent, Noranda (TSE) is bringing into play its environmental management system that has been developed during the last several years to…
Toronto-based Brunswick Mining & Smelting (TSE), the 67% owned Noranda (TSE) subsidiary, says it is laying off 100 workers from its Belldune smelter in New Brunswick as part of a workforce restructuri…
Taking a big hit on the market for the week ended July 2 was Perrex Resources. Trading over four million shares, the junior gold explorer lost three quarters of its value to close at one penny. Althou…
Jantar Resources Corp. (JAN.A:VSE) has changed its name to ITP Thermal Packaging Inc. with no consolidation of capital. The new company has no interest in mining. Aunore Resources Inc. (AUN:ME) has ch…
Following the southerly migration of exploration dollars, Canmine Resources has agreed to acquire a 100% interest in the San Antonio silver property in the province of Chihuahua, Mexico. In exchange …
Exploration below the 1,000-ft. level at the Casa Berardi East mine near La Sarre, Que., continues to produce encouraging results for partners TVX Gold (TSE) and Golden Knight Resources (TSE). Golden …
The spot price of copper, reacting to news out of Chile that about 10,000 workers at the government-owned Chile Copper Corp. had gone on strike over salaries in early July, gained almost two cents on …
Toronto-based Fort Knox Gold Resources (TSE) says it plans to begin drilling soon on 31 claims in Fawcett Twp. near the Shiningtree area of Ontario in the hope of finding a volcanogenic massive sulphi…
Mine closings are a sad but inevitable part of the mining business. Orebodies are finite, measurable entities that eventually are depleted. It is the task of the operator to extract that ore in a logi…
While a US$3.45-per-oz. increase in the price of gold is nothing to get excited about, according to precious metals analysts, it was enough to get gold stocks moving during the week ended July 2. Seve…
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