The Doe Run Co., America’s largest producer of primary lead, is seeking government permission to begin exploratory drilling around its southeastern Missouri lead mines. Environmentalists are opposed t…
Speculation that Minorco, the Luxembourg-based mining house, is accumulating shares of LAC Minerals (TSE) in a takeover bid, has sparked a wave of buying in the latter company’s shares on The Toronto …
Contary to what was reported (N.M., Nov 27/89), NovaGold Resources (TSE) President Gerald McConnell currently holds 577,000 of the company’s shares. Secretary-treasurer Angus McIssac holds 758,837 Nov…
A letter of agreement between Athena Gold (VSE) and Placer Dome U.S., a wholly owned subsidiary of Placer Dome (TSE), could result ultimately in a joint venture between the two companies. The formatio…
Low gold and silver prices were blamed for recent losses at Hecla Mining (NYSE). The company reported a third-quarter loss of $3.5 million(US), citing start-up expenses at the Greens Creek mine in Ala…
Week’s Price (US) Change Gold*$410.75+$ 4.15 Silver*$ 5.61 $ 0.19 Platinum*$515.35 $17.15 Nickel**$ 4.17 $ 0.18 Lead**$ 0.30 Copper-$ 1.15+$ 0.03 Zinc-$ 0.64+$ 0.01 Courtesy of Scotiabank. Informa…
Gold-mining operations at the small Montauban project of Muscocho Explorations (TSE) near Quebec City, Que., will be closed down early next year. Muscocho says it is terminating operations at the mine…
Westminer (Canada) may have done another company a favor when it abruptly dropped an option on the Logan gold property here in November, 1988. Its sudden departure, after spending $5 million on drifti…
Audrey Resources (TSE) of Rouyn-Noranda, Que., reported net income of $1.03 million or 10 cents per share for the nine months ended Sept 30, compared with $602,880 or 7 cents per share for the same …
Control of Swansea Gold Mines (COATS), an inactive company, has been acquired by Australian gold producer Sandhurst Mining NL of Sydney. New officers have been appointed to Swansea’s board of director…
A bill to amend Ontario’s 83-year-old Mining Act passed second read ing in the province’s Legislature this week and moved another step closer to implementation. The second reading stage generally sign…
Geddes Resources’ (TSE) Windy Craggy copper project in northern British Columbia continues to reveal its potential as contractors drive a crosscut into the North zone. The crosscut is being driven thr…
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