Spot prices at a glance (March 29, 1993)
Week’s Price (US) Change Gold* $331.30 + $2.65 Silver* $ 3.65 – $0.01 Platinum* $356.90 + $8.45 Nickel** $ 2.73 + $0.05 Lead** $ 0.18 $0.01 Copper $ 0.99 + $0.01 Zinc $ 0.45 $0.00 Courtesy of Scotiaba…
Articles by Northern Miner Staff
`Corridor’ yields two more pipes
The discovery of two new kimberlite pipes in the Northwest Territories lends credence to the theory that a major north-northwesterly trend dubbed the “corridor of hope” is associated with kimberlitic …
PRODUCER PRICES (March 29, 1993)
ALUMINUM: MW U.S. market US53-54 cents per lb. (Mar. 11, 1993). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992). CA…
EXPLORATION ’93 — Rayrock increases production from three
Gold production from interest in three open pits in Nevada increased to 82,281 oz. in 1992, up from 49,629 oz. in 1991, Rayrock Yellowknife Resources (TSE) reports. The higher output helped Rayrock po…
EXPLORATION ’93 — South African gold output up despite low
The recent production pattern of South Africa’s leading gold operation has defied the simple logic that declining gold prices should lead to the closure of high-cost mines and therefore a contraction …
EXPLORATION ’93 — SX-EW gaining prominence at `stand-alone’
Solvent extraction-electrowinning (SX-EW) has long served as a secondary source of copper for large U.S. producers, but the process is also gaining prominence among so-called stand-alone operations. I…
EXPLORATION ’93 — Southeast Asian projects are ripe for the
At a time when many North American mining companies are working projects in Central and South America, opportunities in Southeast Asia are in danger of being overlooked. Projects abound at all levels,…
EXPLORATION ’93 — Friedland strong supporter of Guiana
Robert Friedland, self-described financier and venture capitalist, is behind Venezuelan Goldfield’s (VSE) efforts to position itself as the dominant junior in the Kilometre 88 district. Though not a d…
EXPLORATION ’93 — New Dickenson ore zone uncovered a mile
After more than 40 years of continuous operation, Dickenson Mines (TSE) remains a young gold producer with lots of potential, says James Rogers, technical services superintendent of the Arthur White m…
EXPLORATION ’93 — Variety of minerals sought in
Estimated exploration expenditures fell slightly in Saskatchewan in 1992 to $22 million from $23 million the previous year. The province is anticipating a similar level of activity for 1993. Although …
EXPLORATION ’93 — Chibougamau acquisition provides Corpomin
Things are on the move for Corpomin Management, a private Montreal company which does mining exploration work in Quebec through the use of public companies and flow-through funds. Mario Caron, one of …
EXPLORATION ’93 — Marked increase in ground acquisition in
Projected exploration expenditures in Manitoba in 1992 were $30 million, similar to the previous year’s level of spending. A marked increase in ground acquisition is taken as an indicator of improved …