Development of La Candelaria, a copper-gold mine in northern Chile, remains on schedule for startup in 1995. Phelps Dodge (NYSE) discovered the deposit in 1987 and subsequently sold a 20% working inte…
BGR Central Net Value $18.08 $7.02 Price $15.25 $7.625 Premium 8.6% Discount 15.66% Value $146,903,000 $138,077,163…
Composite “300” 4047.55 4088.45 4156.78 4163.45 4166.27 4609.93 3518.31 Metals & Minerals 3620.57 3654.17 3740.52 3724.44 3738.37 3879.59 3273.56 Integrated Mines 3829.68 3852.50 3955.20 3929.55 3955….
An open-pit copper mine starting up in Chile’s Atacama Desert is about to become the world’s largest solvent extraction-electrowinning operation. Once full production is achieved, Quebrada Blanca is t…
The discovery of a new gold zone has sharpened the focus of Arizona Star’s (VSE) activities in Chile’s Maricunga district. The company plans further work for the Eva zone, discovered as a result of a …
Several mining groups are carrying out due diligence reviews of the assets of Canada Tungsten (TSE), and in particular the company’s advanced copper project near Andacollo, Chile. The company’s larges…
An investment of US$1 billion is planned by Cyprus Amax Minerals (NYSE) for mine development of Chile’s El Abra copper project. Chilean state mining company Codelco recently accepted Cyprus’ revamped …
A 67-basis-point rise in the bank rate, coupled with continuing weakness in the Canadian dollar and selloffs in the global bond market, has driven the TSE 300 index to its lowest level in eight months…
Spending on gold exploration in the U.S. dropped US$6 million in 1993 as mining companies continued to devote more of their budgets to searching for deposits in Latin America and other countries, says…
Canadian companies are spending a record $11.6 billion on business travel, with most predicting that they will spend at least the same or more during the next 12 months. The American Express 1994 Surv…
A program of 3,000 metres of reverse circulation drilling has been undertaken by Princeton Mining (TSE) on the Elenita copper project near Antofagasta, Chile. The program focused on an oxide-copper de…
PRODUCER PRICES ALUMINUM: MW U.S. market US64.5-65.5 cents per lb. (June 9, 1994). ANTIMONY: MW New York dealer US$1.40-1.60 per lb. (May 12, 1994). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (S…
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