News

Deadline set for June 20 — Anvil negotiates Faro

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…


Dupont develops copper-gold process

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 …






CANMET lab officially opened

The Canada Centre for Mineral and Energy Technology (CANMET) has opened a mining research laboratory in Sudbury, Ont. Situated on Kelly Lake Road, the new lab will carry out research in rockbursts, ba…


Princeton considers reopening Similco mine

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-…


Silver demand exceeds supply

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…


METAL PRICES (June 13, 1994)

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…


Great Lakes gets second Mexican project

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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