Gold’s resilient performance, which saw the price advance to $406.40 on the second London fix, failed to ignite much enthusiasm from war weary investors. The TSE composite index gave up 23.19 pts to …
An engineering, procurement and construction management contract for a mill rationalization program was recently awarded to Wright Engineers and Fluor Daniel by Inco Ltd. The program, which is expecte…
The McFinley Red Lake Mines (TSE) project near here, looks like a safe bet to become the first new gold producer in the Red Lake camp for at least 25 years. After spending about $25 million, the compa…
A takeover offer by Delaware Resources Corp. (VSE) for Vancouver-based Prime Capital should put the continuing company firmly in the hands of Corona Corp. (TSE). Prime Capital chairman Murray Pezim co…
Surface drilling at MinVen Gold Corp.’s (TSE) Gilt Edge mine in South Dakota has encountered significant gold mineralization over some unusually long thicknesses. The company is involved in a $9.4 mil…
It may be merely a temporary snag, but the Ontario Securities Commission is delaying Noranda Inc.’s (TSE) recent bid to buy seven million Falconbridge Ltd. (TSE) shares at $22.25. Following a request …
During the first nine months of this year, International Thunderwood Explorations (TSE) spent $4.3 million on mineral exploration. The bulk of the money went to the Pelletier Lake and Gold Hawk projec…
A prefeasibility study for the Kirkham graphite deposit north of Kingston, Ont., has been completed, Stewart Lake Resources (TSE) says. The study, completed by Kilborn Ltd., a consulting engineering c…
Well-known Canadian geologist Steven Scott has been appointed Chairman of the Geological Engineering division at the University of Toronto. A professor of geology at the University of Toronto, Dr Scot…
The China International Trust & Investment Corporation, the foreign investment arm of the Chinese government, has made what appears to be a precedent setting investment. The investment bank has taken …
Rojoll Explorations has changed its name to Morrison-Grey Enterprises Ltd. (MGP:VSE) on a sharefor-share basis.
Week’s Price (US) Change Gold (per oz) $404.70 $7.45 Silver (per oz) $6.26 $0.04 Platinum (per oz) $517.00 $10.00 Copper (per lb) $1.27 $0.08 Lead (per lb) …
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