Toronto-based Northfield Minerals (ASE) says a private placement of 250,000 common shares to affiliate Northfield Capital (COATS) was completed recently. According to Northfield Minerals, it has raise…
Investors seemed to have had their minds on other matters during the holiday season, with daily volumes ranging between a feeble 2.3 million and 3 million shares for the 4-day trading week ended Jan. …
Surface drilling has resumed at the massive sulphide project of Aur Resources (TSE) and Societe Miniere Louvem (TSE) after a short Christmas break, says Aur Vice- President Howard Stockford. Operator …
Drilling by partners Trimin Resources (TSE) and crown corporation Cameco on their McIlvenna Bay base metals property has expanded reserves by more than 40%. Based on an additional 18,912 ft. of drilli…
Phelps Dodge (TSE), the free world’s second largest copper producer, has identified an interesting-looking extension to the main orebody at its Morenci copper mine in Arizona. Vice-President Thomas Fo…
Inco Ltd. has put out a contract to eliminate the millions of zebra mussels clogging water intake pipes at its Port Colborne refinery in Ontario. They interfere with regular operations at the plant. R…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Jan 1 Dec 31 Dec 28 Dec 27 Dec 26 Copper N/A N/A 1328-1330 1339-1340 N/A Lead N/A N/…
Old ideas die hard, and one that seems to be taking an inordinate amount of time on its way to the grave is the idea that mining is a dying industry. Remember the “Death of Mining” headlines in the ea…
After a review of 1990 exploration results, partners Seven Mile High Group (VSE) and a unit of Inco (TSE) do not intend to carry out a second phase program on the North vein at the Vault gold property…
A gypsum property in northwestern Ontario has been purchased by Val d’Or Resources (ME) of Val d’Or, Que. President Pedro Cardoso said the group of 40 claims is known to host gypsum mineralization at …
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan 119.00 116.30 118.30 +6.80 Feb 118.10 117.90 118.05 +6.05 Mar 117.80 114.90 116.85 SILVER (in US cents per oz…
Yorkton Securities has been retained by Fairbanks Gold (VSE) to complete a private placement of a minimum of 350,000 units at $5 per unit. The units will include one share and a share purchase warrant…
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