Loki firming Brewery plans
With the mine feasibility study at the Brewery Creek project in the Yukon nearing completion, owner Loki Gold (VSE) is preparing an Initial Environmental Evaluation (IEE) submittal for regulators. Lok…
News
COMMENTARY — Reforms through privatization
Many countries are seeking private investors as a source of investment capital, managerial know-how and technical expertise in providing infrastructure services. Asia and Latin America, in particular,…
LETTER TO THE EDITOR — Fire-assay procedures provide
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…
Spot prices at a glance (June 06, 1994)
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…
STOCK MARKETS — Bullion’s strength fails to boost markets
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…
Metal Prices — FREE MARKET (June 06, 1994)
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 …
PRODUCER PRICES (June 06, 1994)
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…
Toronto Stock Exchange Indices (June 06, 1994)
— 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…
Hecla set to drill Grouse Creek
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…
NEWS ROUNDUP — Ican hits gold with stepout drilling
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…
Brunswick to reopen Heath Steele
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…
Behre Dolbear in Chilean joint venture
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…