Production ends year with a whimper
Canadian production of primary and refined copper, primary nickel, gold, silver, primary lead, primary and refined zinc, and iron ore was down between December 1998 and December 1997.However, refined …
News
Argentina Gold releases Amable results
Argentina Gold (ARP-V) has released diamond drill core assays from the Amable target, part of its Veladero project in northwestern Argentina.Results from the second diamond drill hole, DDA-2, show a c…
EDITORIAL & OPINION — Corruption at heart of global woes — A vicious circle
Imagine. By virtue of a few guns being waved around, you become the ruler of a dirt-poor Third World nation. Every day, you see children playing in garbage, people dying of AIDS and other diseases wit…
NEWS ROUNDUP — Denison reports modest loss
Toronto-based Denison Mines (DEN-T) has posted a loss of $3.3 million (or 1 cents per share) on revenue of $52.4 million for 1988, compared with earnings of $25.7 million on revenue of $73.1 million i…
EDITORIAL & OPINION — COMMENTARY — Resource estimation and geological constraints, Part 1
The orebody supports the mine; a mine cannot create an orebody. But we see, and everybody reads about, mines that start up based on assumptions of grade, geometry and continuity, only to find that tho…
METAL PRICES (March 08, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateMar. 2Mar. 1Feb. 26Feb. 25…
PRODUCER & DEALER PRICES (March 08, 1999)
Antimony: Representative mid-market US$1,390 per tonne (Mar. 2/99).Bismuth: Representative mid-market US$3.25 per lb. (Mar. 2/99).Cadmium: Representative mid-market US$0.28 per lb. (Mar. 2/99).Chromiu…
Newmont readies Trenton Canyon mine
Newmont Mining (NEM-N) will soon begin pulling gold from its Trenton Canyon open-pit project, southwest of Battle Mountain, Nev.Plans call for the ore to be placed directly on to heap-leach pads, uncr…
NEWS ROUNDUP — Aussie firm to close Beenup mine
Ongoing technical problems and production shortfalls have prompted Broken Hill Proprietary (BHP-N) to close its Beenup titanium mine in Western Australia.The company tried, unsuccessfully, to solve th…
MINING MARKETS & INVESTMENT NEWS — Dayton continues to rebuild
A proposal to reorganize its capital structure marks a final step in a re-building process that Dayton Mining (DAY-T) started more than eight months ago.The beleaguered gold producer intends to conver…
SPOT PRICES (March 08, 1999)
Wednesday, March 3, 1999Precious MetalsPrice (US)ChangeGold286.65+$0.55Silver$ 5.3…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Dow wipes out last week’s gains
The Dow Jones industrial average dropped 246.81 points for the report period ended March 2, to close at 9,297.61.Mining issues were mixed in modest trading, as metals prices held steady. New York Stoc…