Less than a year after bringing its Oronorte property in Columbia into production, Greenstone Resources (TSE) is getting ready to hatch a second Latin American gold mine. At a capital cost of US$17.6 …
Activity in the Mishibishu Lake area of northern Ontario has come to a virtual standstill over the past year following a string of disappointments for the area’s two major players. This season, the on…
Closure of the Equity Silver (TSE) mining operation in British Columbia, forecast for the fourth quarter of 1992, will not herald the end of activity there, not by a long shot. Monitoring of the acidi…
Despite the current bleak conditions for junior mining in Quebec, some observers of the province’s mining scene have surprisingly bright forecasts for the future. “Quebec is one of the better places f…
The London Metal Exchange (LME) is a commodities market in London, England, that acts as a worldwide trading centre for metals. Producers and consumers use its daily official prices for lead, copper, …
Initial results from drilling on the Williams Creek property, 28 miles by road northwest of Carmacks, Yukon, indicate previous estimates of reserve tonnage and grade will be increased. Prior to beginn…
Time is running out for gold mining companies that plan to hedge their 1992 production. As of June 30, 1991, North American gold producers had sold forward only 29% of 1992 production at US$420, accor…
Precious metal stocks, already bloodied by low gold prices, took another beating recently as fears of a big sell-off in the Soviet Union kept the yellow metal below its 52-week trading range of US$350…
Mining is a capital intensive industry. One major concern for any project hoping to enter commercial production is a milling facility, for which the cost may or may not be a determining factor. The ow…
ALUMINUM: MW U.S. market US56.50-58.00 cents per lb. (Sep. 12, 1991). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.15-3.25 per lb. (Jul. 18, 1991). CAD…
A much anticipated drop in U.S. and Canadian interest rates during the week ended Sept. 17 failed to generate much enthusiasm for equities. As the gold price continued to hover at the low end of its U…
Price (US) Week’s Change Gold* $348.00 + $0.50 Silver* $ 4.09 + $0.12 Platinum* $354.75 + $8.25 Nickel** $ 3.46 – $0.18 Lead** $ 0.24 – $0.01 Copper $ 1.03 – $0.03 Zinc $ 0.47 $0.00 Courtesy of Scotia…
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