News

NEWS ROUNDUP — Annabel options Wyoming gold play

Vancouver-listed Annabel Gold Mines (VSE) can earn a half interest in the Carissa property in Wyoming from Hol-Lac Gold Mines (CDN). The property consists of 12 patented lode claims and five patented …


COMMENTARY — Oversupply just won’t go away

Base metal markets remain seriously oversupplied and the situation is worsening. Inventories of metals, particularly on the London Metal Exchange, continue to climb relentlessly with new all-time inve…





Richmont acquires Camflo mill

For a nominal cash consideration and a commitment to cover eventual reclamation liabilities estimated at about $1.3 million, Richmont Mines (ME) now has its own gold mill. It is the old 1,400-ton-per-…


Open pit may be expanded at the Dome gold mine

At the Dome gold mine near Timmins, Ont., a feasibility study is in the works to determine the economics of expanding the open pit. It should be completed in the fourth quarter. Also under considerati…



TSE INDICES (September 06, 1993)

— Week — Aug 31 Aug 30 Aug 27 Aug 26 Aug 25 High Low Composite”300″ 4137.55 4138.76 4133.40 4115.60 4122.92 4144.37 4099.73 Metals&Minerals 3109.19 3120.93 3095.43 3111.50 3139.23 3160.91 3080.06 In…


Spot prices at a glance (September 06, 1993)

Week’s Price (US) Change Gold* $371.80 + $0.05 Silver* $ 4.83 + $0.08 Platinum* $381.50 $5.40 Nickel** $ 2.05 $0.04 Lead** $ 0.17 $0.00 Copper $ 0.89 $0.01 Zinc $ 0.39 $0.01 Courtesy of Scotiabank. In…


Minera plans more drilling at Chilean copper project

Results of a 56-hole program at the Sierra Valenzuela project in northern Chile indicate the presence of extensive copper mineralization with potentially economic grades and dimensions. The core, rota…


Short courses precede meeting

Two short courses will precede the Nov. 3-5 meeting of the Alaska Miners Association (AMA) in Anchorage. Topics of the 2-day short courses, to take place Nov. 1 and 2, will be “Precious metal-bearing …


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