News

COMMENTARY — Debate over U.S. Mining Law

Perhaps the most urgent issue for mining in the West has been the attempt to amend or to revoke the Mining Law of 1872. For four or more years, a fight to replace the Law was led by Representative Nic…


Placer Dome improves bottom line

A strong performance from gold operations enabled Placer Dome (TSE) to report a 45% improvement in earnings for the first nine months of this year over the comparable period in 1991. Net earnings reac…


Agnico reports $3.8-million profit

Despite remaining unhedged against weak gold prices, Agnico-Eagle Mines (TSE) reported third-quarter earnings of $3.75 million (13 cents per share) compared with $442,000 (1 cents per share) for the s…


Spot prices at a glance (November 23, 1992)

Week’s Price (US) Change Gold* $ 335.40 + $5.20 Silver* $ 3.77 + $0.06 Platinum* $ 353.50 – $1.10 Nickel** $ 2.43 – $0.10 Lead** $ 0.21 + $0.01 Copper $ 0.97 + $0.01 Zinc $ 0.47 $0.00 Courtesy of Scot…



GOLD FUNDS (November 16, 1992)

Gold Funds as of Nov. 10 BGR Central Net Value $8.25 $5.14 Price $6.75 $4.80 Discount 18.14% 6.6% Value $47,980,000 $80,756,640…








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