During the mid-1950s, I did a lot of mining exploration work in a farming area a few miles west of Senneterre, in northwestern QuebecHowever, our story starts years earlier, when a geology professor a…
The pervasive mood at this year’s annual Cordilleran Roundup was cautious optimism, perhaps because many delegates felt that there was nowhere to go but up. However, if attendance is any indication of…
More ounces and a higher sales price enabled platinum producer Stillwater Mining (SWC-X) to post record earnings in 1998.At its namesake mine in southwestern Montana, the company cranked out 111,000 o…
Canadian producers BHP Diamonds and Dia Met Minerals (DMM-T) have sold the first parcel of rough diamonds from their Ekati mine north of Yellowknife, N.W.T.BHP Diamonds, a subsidiary of Broken Hill Pr…
Rayrock Resources (RAY-T) has boosted reserves at its three open-pit gold mines in Nevada and at its copper mine in Chile.Combined, the 66.6%-held Marigold and wholly-owned Dee and Daisy gold mines no…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Feb. 2/99 (change from Jan. 26 in brackets):MetalStocks (tonnes)Change…
Feb. 3, 1999Courtesy of ScotiabankPrecious MetalsPrice (US/oz)ChangeGold$287.55+$1.65Sil…
Junior Madison Enterprises (MNP-V) has released more encouraging drill results from the Mt. Kare gold project in Papua New Guinea.Diamond drilling has expanded the Black Zone area, resulting in the di…
Aluminium: LME settlements US$1,207.50, alloy US$1,033 per tonne (Feb. 2/99).Antimony: Representative mid-market US$1,365 per tonne (Feb. 2/99).Bismuth: Representative mid-market US$3.05 per lb. (Feb….
A surge in gold and silver prices helped U.S. producers, while the Dow Jones industrial average slid 50.46 points (0.5%) to finish the report period ended Feb. 2 at 9,274.12.Gold producers benefited f…
The Vancouver Stock Exchange composite index managed to edge up 0.49 of a point, or 0.1%, and close the week ended Feb. 2 at 419.22. The mining index did not fare as well, losing 7.12 points, or 2.3%,…
Exploration by Yamana Resources (YRI-T) has uncovered disseminated copper sulphide mineralization in drill cuttings and hydrothermal alteration assemblages at two of the company’s eight porphyry coppe…
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