Crown Jewel work held up on technicality
In an surprise move, the U.S. Department of the Interior and the Department of Agriculture have rejected a plan of operations for the Crown Jewel gold project in northeastern Washington state.In rejec…
News
Medinah drilling hits in Chile
Drilling at the Alto de Lipangue gold-copper project in central Chile is returning long intervals of significant mineralization for Medinah Energy (MDIN-O).The 5,000-ha prospect, situated in the coast…
Energold’s Longyear concession takes shape
Drilling has enabled Energold Mining (EGD-V) to trace mineralization over a vertical interval of about 100 metres at its Longyear gold property in the Dominican Republic.The Vancouver-based junior rec…
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — No substitute for cyanide
Cyanide is the main chemical used by the precious metal mining industry, and the industry could not exist without it. No other chemical available can separate gold or silver (in a process called leach…
OBITUARY — William Alan Moore
William Alan Moore, a past president of the Mining Association of Manitoba, has died. He was 81.Born in Toronto in 1917, Moore graduated from the University of Toronto with a degree in mining engineer…
Parkland grows under government plan
A program that will establish 380 new parks and protected areas in Ontario was unveiled in late March by the provincial government.The program, dubbed Living Legacy, was the outgrowth of the province’…
TSE INDICES (April 05, 1999)
1999Mar. 30Mar. 29Mar. 26Mar. 25Mar. 24HighLowCom…
PRODUCER & DEALER PRICES (April 05, 1999)
Antimony: Representative mid-market US$1,290 per tonne (Mar. 30/99).Bismuth: Representative mid-market US$3.25 per lb. (Mar. 30/99).Cadmium: Representative mid-market US$0.23 per lb. (Mar. 30/99).Chro…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Dow falls back after closing above 10K
The Dow Jones industrial average posted a record gain by closing above 10,000 during the report period ended March 30, before profit-taking pulled it down to 9,913.26 points. The average was still up …
Breakwater reopens El Toqui
Stronger zinc prices and an improved mill performance have prompted Toronto-based Breakwater Resources (BWR-T) to resume mining at its El Toqui zinc mine in central Chile.The company suspended mining …
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Bearish sentiment prevails among junior stocks
The Vancouver Stock Exchange composite index rose 3.82 points, or 0.91%, and finished the week ended March 30 at 423.39. The mining index wandered into bear territory and dropped 3.22 points, or 1.05%…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Weakness in metal prices drags down majors
Continuing threats of gold sales by the International Monetary Fund plus negative sentiment toward the Japanese economy combined to pull down most precious and base metal prices during the March 24-30…