Gold Fever in BC, Part 2
The exploration and development of porphyry deposits during the 1960s and 1970s had a profound effect on the mining community in British Columbia. Between 1965 and 1987, one out of every four deposits…
News
Bless us, a curse!
“In vain with lavish kindness the gifts of God are strown;The heathen in his blindness bows down to wood and stone.”Reginald Heber, “Missionary Hymn” (1819)It has long been thought that the path to pr…
News – 15-JUL-02
Barrick doubles Alto Chicama resource estimate (July 15, 2002)
Infill drilling by Barrick Gold (ABX-T) on the Lagunas Norte deposit has more than doubled the inferred resource at the 185-sq.-km Alto Chicama property in north-central Peru.The resource now stands a…
Andean American hot on Santa Rosa
Cusco, Peru — With four months of commercial gold and silver production from the Open Pit zone under its belt, Andean American Mining (AAG-V) is gearing up to expand operations at its wholly owned Sa…
Producer and Dealer Prices (July 15, 2002)
Antimony: Mid-mkt US$1,440/t.Bismuth: Mid-mkt US$3.00/lb.Cadmium: Mid-mkt US$0.30/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.90-7.50/lb.Copper: Comex Sept US$0.7615/lb.Indium: Ind…
LME Warehouse Levels (July 15, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 9 (change from July 2 in brackets):MetalStock (tonnes)ChangeAluminium1260000(+60…
Exchange Rates (July 15, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 9July 8July 5July 4July 3US$ in C$1.51441.52081.52391.5321…
Spot Prices Wed. July 10, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$313.80-$0.65Silver$ 5.04+$0.12Platinum$524.00-$…
Trading Summary (July 12, 2002)
A drop in U.S. consumer sentiment pushed Toronto stocks to their lowest level in more than nine months. Despite a s…
Northern Orion emerges from debt
Northern Orion Explorations (NNO-T) has eliminated all of its outstanding indebtedness by converting $6.9 million i…
Thistle granted two South Africa mining licences
South Africa’s Department of Minerals and Energy has granted Thistle Mining (THT-T) two new mining authorizations t…