Even though the financial climate could hardly be called hospitable, Douglas Hume strives to be realistic about the task that lies before him. Yes, he admits, a $100(US) per oz jump in the price of go…
The producing Ross mine in Hislop Twp. west of Timmins in northern Ontario is being sold by Giant Yellowknife Mines (TSE) to a private company. The buyer is Preston Electrical & Mechanical Ltd. of Tim…
From a speech by Frank Duval, President of Montana Reserves Co., at the Montana Mining Association’s centennial convention. Big miners move mountains of ore and mountains of money, but they don’t make…
A legal dispute that has stymied development of the Empire gold project of Nevada Goldfields (NASDAQ) and Clear Creek Resources has been settled. The two companies initiated the suit against Marquette…
ALUMINUM: MW U.S. Market US89.00 cents – 95.00 cents per lb. (June 8, 1989). ANTIMONY: New York dealer $1.00- $1.03(US) per lb. (June 8, 1989). BISMUTH: New York dealer $6.10-$6.25(US) per lb. (June 8…
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 13 June 12 June 9 June 8 June 7 Copper 1677-1…
Toronto-based Davidson Tisdale Mines (TSE) has expanded its land holdings in the Timmins area of northern Ontario. President K. R. Kent told shareholders at the recent annual meeting the company had s…
While many of its competitors are bemoaning current market conditions and metal prices, Equinox Resources (TSE) views the downturn in the context of a previously successful investment strategy. Under …
Additional diamond drilling is planned this year on a Timmins area gold property under option to McChip Resources (TSE) from Noranda Exploration. Under the terms of an option agreement, McChip has the…
Last year’s market high-flyer, War Eagle Mining (VSE), has bounced back on the mining scene with a joint venture agreement in hand for the exploration and development of its War Eagle Mountain propert…
Signs of a slowing Canadian economy seem to be offering little incentive for investors to come forward and speculate on resource issues. Predictably, volumes were low and losers tended to outnumbered …
A fairly quiet market was given a shot in the arm by the announcement of the discovery of a copper- zinc-silver-gold massive sulphide deposit on property in Louvicourt Twp. east of Val d’Or, Que. Aur …
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