Now that the mining-initiated 2-year moratorium on new mine development is law in South Dakota, the mining industry’s foes are at it again. Environmental groups are gathering support for a statewide i…
The Canadian government has sold almost six million ounces of gold since the end of 1979 when John Crosbie, as finance minister, initiated the policy saying it would help reduce Canada’s deficit. Sinc…
Increased gold production and lower net earnings have been reported by Toronto-based LAC Minerals (TSE) for the first quarter of 1990, reflecting the consolidation of 65% owned Bond International Gold…
Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 8 May 7 May 4 May 3 May 2 Copper 1660-1665 N/A 1630-1635 1720-1725 1695-1700 Lead 485-487 N/A 487-489 …
A work program operated by Northair Mines (TSE) is slated to begin this summer on a Nevada property covering two square miles adjacent to the Rosebud gold discovery held by Equinox Resources (TSE) and…
Exploration Miniere du Nord (ME) says it is planning a rights offering to finance exploration on its Lozeau and Isle-Dieu properties east of Matagami Lake, Que. The Amos, Que., company owns about 3,20…
Construction of the mill at the Congress gold mine project in Arizona is 95% complete and the first gold should be poured by about the first of July, Marc Henderson, president of Malartic Hygrade Gold…
If miners are not already doing business in Western Europe, it will become increasingly difficult to do so after Jan. 1, 1993. As well, the Soviet Union is open for mining business. That was the messa…
The presence of significant copper mineralization was confirmed recently by drilling on two properties that tie on to the Aur Resources (TSE), Societe Miniere Louvem (TSE) joint venture at Louvicourt …
The stock market rally that began this week with the biggest single day gain so far this year showed no signs of ending today, May 9. Fuelled by volume increases in all but one of the sub-groups inclu…
To judge by results at the Casa Berardi mine more than 100 km. north of here, Inco the nickel miner makes the grade as a gold miner too. The Casa Berardi East mine has been profitably producing gold f…
Three financing agreements worth about $26.2 million in total have been struck by graphite producer Stratmin (ME) and its subsidiary Stratmin Graphite. The agreements have been reached with Mircal, a …
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