Pelangio, Franco size up Detour Lake
Junior Pelangio-Larder Mines (PLLM-C) and joint-venture partner Franco-Nevada Mining (FN-T) have released a 1.8-million-oz. resource estimate for their Detour Lake gold project, north of Timmins, Ont….
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COMMENTARY – The cause of gold’s demise
Prominent Wall Street firms, influential news columnists and central bankers have been slamming gold as dead, a relic of the past, a stupid investment, and worse. In recent weeks, long-standing expect…
EDITORIAL — The nickel gauntlet — Oz dust
To hear the Aussies talk, the Northern Hemisphere is yesterday’s news in the nickel business. It’s all happening Down Under, where laterite producers are pushing hard to leave their northern competito…
Convention seeks ministers
Mining Millennium 2000, to be held March 5-10 in Toronto, will feature a forum in which foreign mining ministers and senior government officials meet to discuss globalization of the mining industry.Th…
GOLD FUNDS (August 23, 1999)
Gold Funds as of August 12, 1999BGRCentralNet Value$13.605.61Price$9.05$5…
PRODUCER & DEALER PRICES (August 23, 1999)
Antimony: Mid-mkt US$1,210/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Recent trades US$60.00-90.00/t.Cobalt: Recent trades US$18.00-20.20/lb.Copper: Comex Sept. US$0.7705/lb.I…
METAL PRICES (August 23, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateAug. 17Aug. 16Aug. 13Aug. 12…
FACTS ‘N’ FIGURES — PCs power platinum demand
Platinum’s principle electrical application continues to be hard disks for personal computers.During 1998, there was a further increase in the percentage of disks incorporating a platinum-cobalt layer…
Small Producers Index
67.22 (+3.73)
North American Mining Index
98.28 (+1.98)
Juniors focus on nickel exploration
With nickel prices rebounding to respectable levels, juniors are showing renewed interest in exploring for the base metal.Nuinsco Resources (NWI-T) recently inked a joint-venture agreement with Inco (…
LETTER TO THE EDITOR — Western policies failing Russia
Your editorial on the heist of Russian assets that has followed privatization is right on the money (T.N.M., Aug. 9-15/99). If Russia’s current circumstances do not amount to the abject failure of Wes…