After a week long free fall caused by sky high interest rates and falling profits, the Toronto market finally recovered a small amount of lost ground today, April 25. But investors who are obviously t…
John (Jack) McAdam, a prospector and mine developer active in the Canadian mining industry since the early 1950s, died suddenly April 19. He was 64. .”Everyone feels it’s like a loss in the family,” s…
Securities firm Burns Fry of Toronto has been retained by MinVen Gold (TSE) to help in the sale of the latter’s one-third interest in the Golden Reward gold mine in South Dakota. MinVen announced in M…
Three separate joint venture agreements have been completed by Hardrock Extension (TSE), Geraldton Longlac Gold (COATS) and Ferau Resources (COATS). In the first agreement, Hardrock’s 17.5% interest i…
In its first major exploration project outside North America, Cambior (TSE) is negotiating an agreement involving gold property in Indonesia. Cambior, based in Val d’Or, Que., says it has reached an u…
Despite record zinc recoveries from Brunswick Mining and Smelting (TSE) No. 12 mine near Bathurst, N.B., lower zinc prices have slashed the company’s first quarter earnings by 60% from last year’s fig…
China plans to increase its prospecting and exploration activities. The Ministry of Geology and Mineral Resources hopes to locate new reserves that amount to 13-15% of the present total and double its…
Public meetings are being planned to address environmental and other key aspects of the controversial Cinola gold mine project on the Queen Charlotte Islands of British Columbia. British Columbia Mine…
The Premier Gold mine project near Stewart, B.C., may soon be treating higher-grade reserves from the SB gold project owned by Tenajon Resources (TSE). Don McLeod, president of Tenajon, said his compa…
Apr. 24 Apr. 23 Apr. 20 Apr. 19 Apr. 18 HIGH LOW Composite “300” 3340.96 3344.07 3355.62 3410.61 3476.42 4009.47 3340.96 Metals & Minerals 2851.87 2850.84 2898.23 2946.64 2971.48 3453.05 2850.84 Integ…
Geological reserves at the Stirling gold mine near Beatty, Nev., are reported by 52% owner Cathedral Gold (TSE) to be the highest ever in the mine’s 10-year operating history. Mine geological staff cu…
The three partners in the Douay gold project in Quebec’s Casa Berardi region have reported further encouraging results from the remaining eight holes of a 17-hole drilling program. Operator of the pro…
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