Mining giant RTZ (NYSE) has signed a definitive agreement with Freeport-McMoRan (NYSE) for a partnership arrangement announced in March (T.N.M., March 20/95).RTZ, through its wholly owned subsidiary R…
Metals prices began a recovery in May, buoyed by continued positive fundamentals and supported by good economic news from many sectors other than the North American auto and house-building sectors, wh…
London Metal ExchangeSpot closing prices in $US per tonneDateMay 30 May 29May 26May 25May 24Copper2853-2854N/A2843-28442862-28642823-2824Lead606.5-607N/A605-605605.5-607.5606.5-607.5…
ALUMINUM: MW U.S. market US84-85 cents per lb. (May 12, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.55-3.65 per lb. (May 12, 1995).CADMIUM…
The world’s largest mining companies are continuing to hold their place in the sun despite some intense competition from ambitious companies anxious to make it into the Big League.Granted, increased g…
In the mid-1930s, I first learned about Painkiller Lake, 10 miles from Matheson, Ont. The Blue Quartz mine is adjacent to the lake and the old Coulson mine is on the opposite side, about a mile from t…
Wednesday, May 31Week’sPrice (US)ChangeGold*$384.25+$1.35Silver*$5.30-$0.10Platinum*$434.10+$2.35Nickel**$3.41-$0.02Lead**$0.28$0.00Copper $1.29$0.00Zinca{$0.46-$0.01C…
Mine rescue personnel from the Flin Flon division of Hudson Bay Mining & Smelting have won the 1995 Manitoba mine rescue competition. The Thompson mine rescue team, representing Inco, was runner-up.Fi…
Eight drill holes are planned to test the potential of the El Tigre gold property in Sonora, Mexico. Orvana Minerals (TSE) has initiated the 1,200-metre drill program in order to check out a large, si…
Positive drilling results from the Piedras Verdes copper property in Sonora, Mexico, have provoked the renewed interest of Jonpol Explorations (TSE), a member of the syndicate that owns the property.J…
Surface and underground drilling at Goldcorp’s (TSE) Red Lake mine continues to intersect ore-grade mineralization, suggesting continuity of the hosting structures and mineralization.In addition, unde…
Gold Funds as of May 30BGRCentralNet Value$17.22$6.79Price$14.63$7.125Discount15.09%Premium4.9%Value$134,665,000$128,957,513…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.