Spot prices at a glance (April 11, 1994)
Week’s Price (US) Change Gold* $385.10 – $1.65 Silver* $ 5.53 – $0.08 Platinum* $407.75 – $0.25 Nickel** $ 2.49 – $0.05 Lead** $ 0.20 – $0.01 Copper $ 0.85 – $0.02 Zinc $ 0.42 – $0.01 Courtesy of Scot…
Week’s Price (US) Change Gold* $385.10 – $1.65 Silver* $ 5.53 – $0.08 Platinum* $407.75 – $0.25 Nickel** $ 2.49 – $0.05 Lead** $ 0.20 – $0.01 Copper $ 0.85 – $0.02 Zinc $ 0.42 – $0.01 Courtesy of Scot…
Prospects for the Yanacocha district of northern Peru are looking up on news that American Barrick Resources (TSE) is meeting with drilling success at its Corona project. The property features a large…
With 10-15 new copper projects scheduled to start up by the year 2000 and several major gold projects waiting to be exploited, Chile is one of the most attractive countries for mining investment. Last…
Southern Peru Copper has raised US$250 million of a US$300-million investment program to expand production and improve environmental protection. The program includes a 41,000-ton-per-year solvent extr…
Stormy weather on major Canadian stock, bond and currency markets had only a limited effect on the Vancouver Stock Exchange composite index, which posted a 1.5% drop to 1,122.38. The resource index, o…
Three years ago, a unit of Placer Dome (TSE) formed a joint venture with Corporacion Venezolana de Guayana (CVG) to evaluate Las Cristinas, a group of properties in Venezuela’s Kilometre 88 district. …
The Inter-American Development Bank (IDB) of Washington, D.C., approved $6 billion in 1993 for projects in Latin America and the Caribbean. Created in 1959, the bank has approved more than $60 billion…
The march toward reform, democratic and economic, continues throughout Latin America. The pace of the reform movement may be uneven — the Brazilian economy appears to be standing on shaky legs and Cu…
Having completed a due diligence review, Cheni Gold Mines (TSE) has declined to bring to production the Summit Lake gold property near Stewart, B.C. A former producer, Summit Lake was owned by Tenajon…
Graphite-producer Applied Carbon Technology is seeking funding to augment working capital. The Toronto-listed company has enlisted an investment banking firm to identify potential merger and acquisiti…
Partners Consolidated Oasis Resources (ME) and Soquem have drilled three holes in a second phase of drilling on their Fancamp gold project, near Chibougamau, Que. The drilling was carried out on the N…
Long thought of as a country with considerable unexplored copper potential, Argentina is providing some glimmer of hope for foreign investors seeking exploration properties. Copper has always been a m…
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