In 1993, the value of Canada’s mineral production increased by 1.9%, or about $700,000, from the previous year. Preliminary estimates by the federal Department of Natural Resources indicate that the v…
Mining investment opportunities in Africa will be the focus of a conference June 6-8 in Denver, Colo. Mines ministers from about 15 countries in sub-Saharan Africa are expected to attend. Organized by…
To ensure the stability of their copper-zinc mining project, operators of Les Mines Selbaie in northwestern Quebec are monitoring excavations with time domain reflectometry (TDR). The cable-testing te…
Trading activity remained relatively steady on western markets over the week, despite nagging uncertainty about interest rates and the fate of the looney. Adding to the unease was speculation about a …
Week’s Price (US) Change Gold* $383.60 + $3.35 Silver* $ 5.25 $0.00 Platinum* $400.00 + $10.50 Nickel** $ 2.61 + $0.01 Lead** $ 0.21 – $0.01 Copper $ 0.85 + $0.01 Zinc $ 0.43 – $0.01 Courtesy of Scoti…
The tequila was flowing as Mexican civil servants joined managers of Hecla Mining (NYSE) to cut the ribbon on La Choya, a new gold mine in Sonora state. Situated 30 miles south of the U.S. border, the…
The bodies of two miners, trapped underground for more than two months at the Macassa gold mine near Kirkland Lake, Ont., have been recovered. The bodies of Robert Sheldon, 34, of Larder Lake, Ont., a…
American Bullion Minerals (VSE) has raised $5 million to explore and develop its Red Chris porphyry copper-gold project in northwestern British Columbia. The funds came from a brokered private placeme…
Patrick Cheung appointed president, chief executive officer and director; Robert Ching, Arnold da Silva and Wing Shun Leung appointed directors.
Weak metals prices and production cutbacks took their toll on Noranda (TSE), which lost $37 million in 1993, compared with net earnings of $79 million in the previous year. Earnings from mining and me…
ALUMINUM: MW U.S. market US59.50-62.00 cents per lb. (Feb. 3, 1994). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 199…
London Metal Exchange Spot closing prices in $US per tonne Date Feb. 15 Feb. 14 Feb. 11 Feb. 10 Feb. 9 Copper 1820-1821 1827-1828 1823-1824 1854-1855 1853-1854 Lead 451-452 474-475 480-481 485-486 489…
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