Up here, only scruffy pines and wolves bear witness to the uranium mining challenge of the decade. But despite its isolation 670 km north of Saskatoon, this project, operated by Cigar Lake Mining Corp…
As a result of confusion regarding the future direction of interest rates, volumes were generally low on the Alberta Exchange this week. However, the lack of trading activity didn’t preclude a sudden …
Dickenson Mines (TSE) has increased its holdings in Wharf Resources (TSE) to 38.9% through the purchase of another 396,500 shares of the latter. Wharf operates a heap leach gold mine in South Dakota. …
After a year-long shopping spree for acquisitions, Northgate Exploration (TSE) has emerged looking more like a complex holding company than the exploration firm its name suggests. In its quest to acqu…
A quiet trading mood prevailed on COATS this week. Volume improved modestly for South American Goldfields with trading in the 67 cents -76 cents range, up a nickel from last week. This company is cur…
Confusion as to the direction of the economy has gripped traders — the majority choosing a wait-and- see attitude with respect to the market. The result was another day of quiet, dull trading as the …
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 9 May 8 May 5 May 4 May 3 Copper 1699-170…
Mining companies are often reluctant to diversify into industrial minerals because it’s a market they don’t understand. “Better the devil you know than the devil you don’t,” they point out — probably…
Two Canadian companies, Brican Resources (VSE) and Bow Valley Industries (TSE) have earned a 50% interest in a large epithermal gold play in Nevada’s Battle Mountain district. Santa Fe Pacific Mining,…
Net earnings for the first quarter increased by 32%, to $4.8 million (20 cents per share) from $3.6 million (15 cents per share) the year before, Cambior Inc. (TSE) reports. Revenue for the quarter …
Last year’s record-high nickel prices helped Ontario maintain its position as Canada’s premier producer of non-fuel minerals with production twice the value of any other province last year. Ontario is…
In late 1988, Robert Salna and several associates purchased the controlling interest in Monte Carlo Gold Mines Ltd. Since that time, changes in the management team of Monte Carlo have facilitated a ne…
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