Work-related injury and illness not only cause an unacceptable level of pain and suffering, but the compensation costs, on average, amount to 4% of payroll. In 1991, the Ontario Workers Compensation B…
Drilling on the Longshot Ridge copper oxide project owned by Kookaburra Gold (VSE) was recently completed with assays for four of 10 holes released. Rennie Blair, president, said the company drilled o…
The proposed merger between Homestake Mining (NYSE) and International Corona (TSE) is moving steadily toward completion, Corona President Peter Steen told shareholders at the company’s recent (and pos…
In return for $13,000 and 500,000 shares, Beaufield Resources (TSE) has acquired a 75% interest in three claim groups in Wilson, Verneuil and Ralleau twps., east of Quevillon, Que. Totalling 117 claim…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 5 May 4 May 1 Apr 30 Apr 29 Copper 1231-1232 NA 1233-1234 1242-1243 1245-1246 Le…
The recent acquisition of the Hope Brook gold mine in southwestern Newfoundland means Peggy Witte will probably end 1992 with more frequent flyer miles than any other Canadian mining executive. The ha…
With reserves at its open pit silver mine near Houston, B.C., expected to be depleted this summer, Equity Silver Mines (TSE) is left reviewing its future. The mine originally opened in the third quart…
David Townley appointed president; David Birkenshaw, James Beatty, Greg Bowes, David Hall, David Knight, Frank Lang and David Townley appointed directors.
A labor strike at the Balmer coal mine in southeastern British Columbia threatens plans by Westar Mining (TSE) to restructure the company’s debt. Westar operates the Balmer and Greenhills open pit met…
Partners Cross Lake Minerals (VSE) and Glen Auden Resources (VSE) report that New Legends Metals has spent more than $100,000 on their claim package in the Casa Berardi region of northwestern Quebec. …
Week’s Price (US) Change Gold* $336.75 + $2.00 Silver* $ 4.07 + $0.13 Platinum* $352.65 + $11.90 Nickel** $ 3.35 – $0.03 Lead** $ 0.24 $0.00 Copper $ 0.99 – $0.01 Zinc $ 0.63 + $0.01 Courtesy of Scoti…
Canmine Resources (CDN) has agreed to acquire a 100% interest in the Moctezuma gold property in Chihuahua, Mexico. The property contains two high-grade gold showings, including a 40-ft.-wide quartz ve…
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