Timminco reports improved results
One of the world’s leading producers of non-ferrous specialty metals, Timminco (TSE), reports that improvements in the company’s core metals operations helped stem the tide of red ink. Ongoing product…
News
Students learn about geology
A week-long interactive study program, designed to introduce grade 7 and 8 students to the many facets of geology, will run from April 18 to 26 at the Ecole Royal Orchard Public School. The study prog…
PEOPLE — INDEPENDENCE MINING (April 18, 1994)
James Komadina appointed vice-president, operations, Cripple Creek district.
PRODUCER PRICE
ALUMINUM: MW U.S. market US63.00-64.00 cents per lb. (Mar. 31, 1994). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 19…
EDITORIAL PAGE — A silver lining?
Ever since the misguided Hunt brothers were cornered by the silver market at the beginning of the last decade, the price of silver has floated downward with few convincing breakouts on the upside. Thi…
Pangea raises funds; explores Ontario, Africa
A private placement worth $7 million has been arranged for Pangea Goldfields (CDN). The company received, from European and North American institutional investors, $4.6 million and expects to receive …
COMMENTARY — Philippine mining struggles
The glitter is fast fading from the Philippines’ once-thriving mining industry, which is slowly being strangled by excessive taxation, ambiguous policies and sagging prices abroad. “The death bell is …
OBITUARIES — R. Hewton, C. Westerman and Robert Rivera
A helicopter crash on March 24 claimed the lives of Robert Hewton, 47, and Christopher Westerman, 49. The well-known Canadian exploration geologists died in Ecuador where they were evaluating mineral …
Metals, minerals sub-index continues to rise in February
The metal and mineral sub-index of Scotiabank’s commodity price index rose again in February alongside firmer prices for base metals. London Metal Exchange (LME) copper prices have strengthened from a…
LAST BUT NOT LEAST — Minefinders outlines four gold zones
Vancouver-listed Minefinders has outlined four gold zones on its two properties in Randolph Cty., N.C. A 5,000-ft. program of reverse circulation drilling on the Sawyer property confirmed the existenc…
Minera Rayrock discovers three new copper oxide zones
Three new shallow copper oxide zones have been discovered by Minera Rayrock (TSE) on the company’s Sierra Valenzuela copper property in Chile. The Esperanza, Brac and Ancla were discovered with a shor…
Cameco to start production at Contact Lake gold project
After initiating an underground exploration program on the Contact Lake gold project in northern Saskatchewan last July, Cameco (TSE) has decided to put the deposit into production. The Contact Lake p…