Chemicals to cost US$1 billion by 1993
By 1993 almost $1 billion will be spent annually on about 10 billion pounds of chemicals and materials by Canadian and U.S. mining operations. This will be an increase of almost 37% over 1988, and on …
News
U.S.Report BMR stresses lack of Desert Tortoise
An environmental survey conducted by BMR Gold (ASE) over the company’s America Mine gold project in San Bernardino Cty., Calif., failed to locate any desert tortoise. The tortoise is known to inhabit …
Base metals exploration focus of Bathurst moot
A 4-day symposium is planned by the New Brunswick Prospectors and Developers Association (NBPDA) and the Department of Natural Resources and Energy (DNRE), June 10-13. The symposium combines field tri…
Spot prices at a glance (May 07, 1990)
Week’s Price (US) Change Gold* $370.50 — $4.30 Silver* $5.00 — $0.02 Platinum* $476.75 — $4.00 Nickel** $4.31 + $0.02 Lead** $0.36 — $0.01 Copper- $1.27 + $0.05 Zinc $0.79 — $0.01 Courtesy of Sco…
Gold price not critical to Barrick profit’s
Facing a packed annual meeting audience and a toy version of his company’s brand new autoclave unit, American Barrick Resources (TSE) Chairman Peter Munk attempted to allay any concerns his shareholde…
American Barrick moves up but Placer still top gold producer
Moving up the list of top Canadian gold producers is American Barrick Resources (TSE), which Richard Cohen of securities firm BBN James Capel says could occupy the second position in the country by th…
Diamond mining begins at Glencairn’s Raw Bean Deposit
Initial mining and production plant tune-up are under way at Glencairn Explorations’ (ASE) Raw Bean diamond mine in Bahia, Brazil. Glencairn is testing small batches of low-grade ore at its portable p…
Commodity index shows March gain
The all-commodity price index of Scotiabank rose by 2% in March, its first monthly gain since October. A strong recovery in base metals — up 7.2% from February — offset small declines in forestry pr…
U.S.Rrport Crown options properties from Nevada Goldfields
In a bid to increase its gold production and exploration prospects, Crown Resources (VSE) has taken a 30-day option to purchase a number of assets from Nevada Goldfields (TSE). The assets, all in Neva…
Insider Trading Jonpol, Pollock bet on Northway claims
Results released by a number of participants in the Vezza-Douay Twp. region of northwestern Quebec have drawn attention to what looks like a promising gold exploration play. While economic gold values…
Timmins nickel set to resume milling at Giant Yellowknife
Nickel producer Timmins Nickel (TSE) says a contract with Giant Yellowknife Mines (TSE) for custom milling of ore from the Redstone mine near here will resume soon at Giant’s Schumacher mill. The old …
Bethlehem moves onto newly opened Shining Tree mining claims
The first mining company to announce a stake in a band of newly opened claims near Cobalt, Ont., is Bethlehem Resources (TSE). Bethlehem, along with joint venture partner Northair Mines (TSE), staked …