Volatility of metal prices persists
Metal prices continue to show increasing volatility as it becomes more and more evident that supply-demand factors are no longer the primary motivation for price changes. In some cases, prices are ign…
Metal prices continue to show increasing volatility as it becomes more and more evident that supply-demand factors are no longer the primary motivation for price changes. In some cases, prices are ign…
Most people support environmental protection and enhancement programs, but they also want jobs and financial security. Echo Bay Mines is one of the job makers in Canada and the U.S. We’re not big, but…
Junior Claimstaker Resources (VSE) is planning a diamond drill program for the Blackdome gold mine, a former producer near Clinton, B.C. The company has agreed to acquire the mine, together with a 200…
Toronto-listed Teck will drill a minimum 8-hole, 3,000-ft. program at the Salkeld Lake property of Fortune Minerals (CDN). The major can earn a 60% interest in the 1,033-acre property, northeast of Pi…
Toronto-listed CaribGold Resources has drilled nine holes on the Descanso-Melonera project in west-central Cuba. Three holes were drilled at Descanso, four at Melonera and two at Oropesa, a new area w…
A private company run by former executives of now-bankrupt Curragh expects to reach a deal with receiver Peat Marwick Thorne this month regarding the purchase of Curragh’s Faro lead-zinc mine in the c…
A new, cost-effective, integrated process for the economic production of gold and copper from ores containing cyanide-soluble copper has been developed by DuPont. The company says this technology can …
Lindsay Gorrill appointed president and chief executive officer; Ian Falconer appointed chairman.
Encouraged by recent strength in the price of copper, Princeton Mining (TSE) is considering reopening its Similco mine near Princeton, B.C. Operations were suspended last fall as a result of the then-…
Global demand for silver exceeded supply for the fourth consecutive year in 1993 and the trend is expected to continue in 1994, The Silver Institute predicts. In its World Silver Survey, 1994, the Was…
London Metal Exchange Spot closing prices in $US per tonne Date June 7 June 6 June 3 June 2 June 1 Copper 2259-2261 2234-2235 2231-2232 2220-2221 2213-2214 Lead 499-499.5 499.5-500.5 506.5-507 501-503…
Toronto-listed Great Lakes Minerals can acquire a second gold property near Mocorito in Mexico’s Sinaloa state. The project, known as Palmarito, covers 832 hectares and hosts a past-producing gold-sil…
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