The Vancouver Stock Exchange composite index lost 7.92 points, or 2%, to close at 384.69 over the holiday-shortened report period ended Oct. 13. The mining index edged down a notch, losing half a poin…
Industrial minerals producer Zemex (ZMX-N) has declared a stock dividend.Shareholders of record on Oct. 19 will receive one additional share for every 50 shares held, payable on Nov. 2. Zemex has abou…
Aiming to increase its exposure to Canadian equity markets, U.S.-based Nord Pacific (NPF-T) has changed its corporate domicile to New Brunswick from Bermuda.Shareholders have already approved the chan…
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateOct. 13Oct. 12Oct. 9Oct. 8…
Toronto-based Regal Goldfields (REGL-C) can earn a 75.5% interest in the Touquoy gold project 60 km northeast of Halifax.Work to date by project vendor Moose River Resources has defined an indicated r…
Gold Funds as of October 8, 1998BGRCentralNet Value$14.606.25Price$11.80$…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Oct. 13/98 (change from Oct. 6 in brackets):MetalStocks (tonnes)Change…
The shine was off the precious metals this past week, with gold dropping $2.25 to US$296.60 per oz., platinum slumping $5.50 to US$340.50 per oz., palladium slipping $5 to US$276 per oz. and silver sl…
Atna Resources (ATN-T) has elected to back away from the Palmer base metal project in southeastern Alaska.The project was a joint venture with Rubicon Minerals (RMX-V). The two companies recently comp…
In mid-November of 1926 at the Central Manitoba Mines’ gold operation, the main shaft of our hoist broke, and the ensuing tale illustrates the difficulties of working in the remote bush before the day…
Last month, I participated in the Mine Tour Program for Members of Parliament, organized by Mining Works for Canada. Through the program, I travelled to Timmins and spent an entire day touring the und…
In a weak market for both sulphur and hydrocarbons, Freeport Sulphur (FSC-N) has fashioned a merger with its oil-producer cousin, McMoRan Oil and Gas.The historic sulphur company, the original develop…
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