News

Metal prices boost commodity index

Stronger zinc, gold and copper prices more than offset weaker nickel, lead and aluminum prices in November, helping the commodity price index of Scotiabank edge up for the second straight month. Howev…


1991 — A Look Back (January 06, 1992)

Low metal prices and a nation-wide recession shattered central Canada’s once vibrant mining sector in 1991. As mines closed, balance sheets bled and exploration geologists fled to more hospitable envi…



A FOND FAREWELL (January 01, 1992)

Appropriately, it was in 1964, the year the Kidd Creek geophysical discovery exploded into public prominence, that Dr. Peter Hood created his first comprehensive review of the world of geophysical ins…


50 YEARS AGO (January 01, 1992)

FOREIGNERS PROMINENT AT KIRKLAND STRIKE The strike at Kirkland Lake is now in its seventh week. The financial assistance which was to have come in from sympathetic unionists has proven scanty. One pow…


PDAC TURNS 60 (January 01, 1992)

In the midst of the Great Depression, 60 years ago, a group of prospectors passed round a hat at the inaugural meeting of what is today the Prospectors and Developers Association of Canada. They colle…



MINERAL REVIEW AND FORECAST: BASE METALS; NICKEL

Demand for nickel in the Western World was flat which, in combination with increased production and higher exports from Russia, resulted in weak prices. Spot nickel prices on the London Metal Exchange…





Ten new copper smelters planned

Plans for at least 10 new copper smelters worldwide are under consideration, reports the U.S. Bureau of Mines. But although big copper producers like Chile are expected to proceed with construction, C…


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