Producer and Dealer Prices (April 24, 2000)
Antimony: Mid-mkt US$1,110/t.Bismuth: Mid-mkt US$3.95/lb.Cadmium: Mid-mkt US$0.19/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$15.45-17.40/lb.Copper: Comex May US$0.76/lb.Indium: Indi…
News
Yanacocha gold mine possibly world’s best: analyst
Having produced 1.7 million oz. gold at a total cash cost of US$103 per oz. last year, the Yanacocha mine in Peru now ranks as the largest gold producer in the Americas. Geoff Stanley, a mining analys…
Breakwater eyes Oued Amizour
A letter-of-intent agreement with an Algerian geological agency sets the stage for Breakwater Resources (BWR-T) to earn up to a 90% interest in the Oued Amizour zinc project, 10 km from the port city …
GQ reveals more diamonds
Ongoing geochemical sampling at the GQ diamond property near Wawa, Ont., has yielded more diamonds for Band-Ore Resources (BAN-T).Three macrodiamonds (stones with one dimension greater than 0.5 millim…
Twin Gold extends discovery
Sampling by Twin Gold Mining (TWG-T) has turned up more evidence of kimberlite dykes along a magnetic anomaly trend on the Torngat diamond project on the eastern side of Ungava Bay in northern Quebec….
Foran drills at McIlvenna Bay
Foran Mining (FOM-V) is performing 2,500 metres of follow-up drilling to test the depth extension of its McIlvenna Bay zinc-copper-gold deposit in the Flin Flon greenstone belt of northern Saskatchewa…
Falco has strong quarter Inco moves into the black
Higher metal prices and strong performances from its newest mines have propelled Falconbridge (FL-T) to a profitable first quarter.The company earned $109.5 million (or 60 per share) on revenue of $6…
Cambior bows from Lac Dor
Montreal-based Cambior (CBJ-T) has withdrawn from the Lac Dor project, a joint venture with junior McKenzie Bay International (MKBY-O).Under an agreement entered into last summer, Cambior was to have…
King Coal meets Big Green
The Cheviot coal mine project, being pushed by Luscar and Consolidated Coals subsidiary Cardinal River Coals, is back in the environmental assessment process following last year’s Federal Court decisi…
New reactions depend on silver
If scientists knew more about how chemicals combine with each other, not only would they have greater control over chemical reactions; they would be able to produce chemical reactions never before pos…
Mines where wild things are
In recent years, the mining press has been replete with stories about mine developments being stopped by special interest groups purporting to care for the environment. Indeed, these groups seem to ha…
Intrusive differences spelled out
There seems to be some confusion in The Northern Miner and within the investment community at large with respect to the term “layered intrusions.”In most cases, I see authors and investment commentato…