A reduction in gold sales volumes and dilution from recent stock and debenture offerings were among the factors that combined to cut Battle Mountain Gold’s (TSE) first- quarter earnings. Battle Mounta…
N.Y. Commodity Exchange 0210,0107,0008,0107,0008,0107,0008,0111, Week’s High Low Close Change COPPER (HG) (in US cents per lb.) May 123.40 118.70 122.10 + 6.60 June 118.00 114.00 117.30 + 5.30 July 11…
A languishing gold price and the threat of further economic slowdown are having a definite effect on the ME, where relatively light trading volumes continue. For the week ended May 1, daily volumes ra…
The warning bells that everyone has anticipated were sounded during the week ended May 1 when figures released by Statistics Canada revealed that Canada could be on the verge of an economic recession….
The Northern Territory government is considering a legal challenge to the Commonwealth government’s uranium policy. The Australian Labour Party (ALP), which was returned to office in the March 24 elec…
Over the past five years, there has been a steady and disturbing drop in the numbers of students entering (and graduating from) earth science programs in most Canadian universities. The Council of Cha…
The first mining company to announce a stake in a band of newly opened claims near Cobalt, Ont., is Bethlehem Resources (TSE). Bethlehem, along with joint venture partner Northair Mines (TSE), staked …
The gold output of Giant Yellowknife Mines (TSE) in 1990 is expected to be similar to 1989 but should be produced at a considerably lower cost, President Adrian Fleming said at the annual meeting. The…
The minerals sector of Noranda (TSE), which slipped to third place in 1989 in terms of earnings among the company’s operating divisions, was riding high again during the first quarter of 1990. Operati…
In a bid to increase its gold production and exploration prospects, Crown Resources (VSE) has taken a 30-day option to purchase a number of assets from Nevada Goldfields (TSE). The assets, all in Neva…
Low production costs of $88 per oz. at the David Bell mine and $198 at the Williams mine, both in the Hemlo camp of northern Ontario, helped Teck (TSE) maintain first-quarter earnings of more than $20…
Toronto-based Kenora Gold Occurrences (ASE) has signed a memorandum of agreement to acquire a 49% interest in the 2-claim MWF gold prospect in Matheson Twp., Ont. The deal was made recently with prosp…
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