There is a lot of work still to be done to develop the huge Ivory Coast nickel deposit optioned recently by Calgary-based Trillion Resources (ASE). It could take as much as seven years and around $10 …
Because of the deteriorating uranium market, Chevron Resources, a unit of Chevron (NYSE), has decided to shut its Mount Taylor mine near Grants, N.M. The mine will be placed on standby with ventilatio…
With the first bullion poured at the Granny Smith mine in Western Australia, yet another producing gold mine has been added to the Placer Dome (TSE) fold. Placer’s 75.8% owned Placer Pacific has a 60%…
Gold Vessel Resources (ASE) has entered into an agreement with St. Genevieve Resources (TSE) to buy the latter company’s interest in the Granada gold prospect near Rouyn, Que. Gold Vessel can buy a 40…
The surprise announcement by Cominco (TSE) to suspend production at the Sullivan mine has raised speculation the decision was partly the result of a smoldering labor dispute and not strictly a matter …
A 10,000-ton bulk sample is planned by Armistice Resources (ME) from the Mill zone of its Virginiatown gold property in northeastern Ontario. An open pit method will be used to extract the sample from…
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Jan 23 Jan 22 Jan 19 Jan 18 Jan 17 Copper 1340-1340 1369…
1989 Jan. 23Jan. 22Jan. 19Jan. 18Jan. 17HIGH LOW Composite “300”3812.683801.513865.073857.393872.274009.473801.51 Metals & Minerals3090.563068.083115.733143.113137.043453.053068.08 Integrated mines…
Uncertainty about the direction of the economy is continuing to take its toll on equity markets and base metal prices. Unless some positive indicators appear soon, analysts predict a gloomy scenario o…
Common shares of Toronto- based Horsham (TSE), the company that controls American Barrick Resources (TSE), were listed for trading recently on the New York Stock Exchange. In addition to a 22% stake i…
A budget of $7 million has been set by Granges (TSE) for exploration in Canada this year. In addition, the company’s 59% owned subsidiary, Hycroft Resources & Development (TSE), plans to spend a furth…
Gold came back with a vengeance today, Jan. 24., as investors unloaded bonds and equities and sought the refuge of bullion. The trading added more than $8 to the price of an oz. of gold which was set …
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