In the 1990s, infrastructure investment in the developing world is projected to exceed US$200 billion annually, almost one-third of total expected fixed investment. In Argentina, the power, telecommun…
The problem with bioleaching of refractory gold ores is that it only works in the Southern Hemisphere — or such is the opinion of a good many Canadian metallurgists who were key to the bioleaching re…
As increasing numbers of companies join the exodus to South America, opportunities to obtain properties with high mineral potential are decreasing quickly. This development is particularly true of cou…
Montreal-based SNC-Lavalin recently signed a purchase agreement for 50% of the ByR Ingenieria y Construccion S.A. of Santiago, Chile. ByR is an engineering-construction company with expertise in minin…
Financing for the Refugio gold project in Chile is finally in hand for joint owners Bema Gold (TSE) and Amax Gold (NYSE). Bema has been looking for financing to develop Refugio since early 1991, with …
— 1994 — Aug 9 Aug 8 Aug 5 Aug 4 Aug 3 High Low Composite”300″ 4186.82 4175.36 4168.54 4202.09 4206.05 4609.93 3518.31 Metals&Minerals 3902.51 3892.36 3922.46 3982.58 3985.31 3996.08 3273.56 Integra…
Construction of a new gold mine on the Indonesian island of Sulawesi has been approved by joint-venture partners Newmont Gold (NYSE) and P.T. Tanjung Searpung of Jakarta. The US$131-million project wi…
Two territorial mining organizations hope to intervene in a court challenge to existing federal mining regulations. The Canadian Parks and Wilderness Society (CPAWS) is challenging the legality of the…
Drilling by Camnor Resources (VSE) is off to a promising start at the Willoughby gold property 26 km east of Stewart, in northwestern British Columbia. The first hole of this year’s program intersecte…
A higher gold price and increased investment income helped to boost net earnings in the first half of 1994, Placer Dome (TSE) says. Earnings of US$61 million were recorded for the 6-month period, a si…
Spot closing prices in $US per tonne Date August 9 August 8 August 5 August 4 August 3 Copper 2392-2393 2396-2397 2400-2401 2405-2407 2404-2405 Lead 565-566 573.5-574.5 579-580 578.5-579.5 576-577 Zin…
A healthy rise in the Canadian dollar and a stable bank rate helped shore up the TSE over the 5-day report period ended Aug. 9. The composite 300 index closed down 7.46 points to end the period at 4,1…
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