News

Regarding “unconventional” assay techniques, my own experience in the early 1980s is forever burned in my memory. I was hired by a worried California investor who had spent 7-figure sums on a gold and…

Week’s Price (US) Change Gold* $387.25 + $0.85 Silver* $ 5.54 – $0.03 Platinum* $402.25 – $2.25 Nickel** $ 2.84 – $0.12 Lead** $ 0.23 + $0.01 Copper $ 1.02 – $0.02 Zinc $ 0.43 $0.00 Courtesy of Scotia…

Continued strength in gold bullion was not enough to hold up western markets over the period ended May 31. Gold held in at the US$387-per-oz. level while the Vancouver Stock Exchange resource index di…

London Metal Exchange Spot closing prices in $US per tonne Date May 31 May 30 May 27 May 26 May 25 Copper 2256-2258 N/A 2255-2256 2235-2237 2271-2272 Lead 505-506 N/A 501-502 477.5-478.5 483-484 Zinc …

ALUMINUM: MW U.S. market US64-65 cents per lb. (May 19, 1994). ANTIMONY: MW New York dealer US$1.40-1.60 per lb. (May 12, 1994). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 1993). CADM…

— 1994 — May 31 May 30 May 27 May 26 May 25 High Low Composite”300″ 4326.77 4320.67 4328.88 4330.71 4291.37 4609.93 3518.31 Metals&Minerals 3736.83 3743.72 3783.65 3812.63 3759.34 3879.59 3273.56 In…

New York-listed Hecla Mining is planning a 40,000-ft. drill program on the Grouse Creek gold mine project in Idaho. The $1-million program will be aimed at finding additional high-grade, underground r…

Five holes have continued to instersect a gold-bearing stockwork system at Ican Minerals’ (TSE) Almaden mine project in Idaho. Holes SW-4 and 5, drilled west of the discovery holes, intersected the sa…

Full operations at the Heath Steele base metal deposit, near Bathurst, N.B., are scheduled to resume later this fall, reports owner Brunswick Mining and Smelting (TSE). The decision to reopen is large…

Mining consulting firm Behre Dolbear & Co. of Denver, Colo., has formed a joint venture with a group of Chilean investors headed by Ing. Jorge Lopez Bain. The new company, Behre Dolbear Chile, will be…

A conference aimed at improving the working relationship among aboriginal people, the mining sector, the government and schools is planned for June 21-22 in Thunder Bay, Ont. Organizers are hoping the…

A proposed restructuring of Central Crude (TSE) would see the junior renamed as River Gold Mines. River Gold, a wholly owned subsidiary of Western Quebec Mines (TSE), has a 60% interest in the Eagle R…