News

Placer Dome the gold producer has resolved to become Placer Dome the gold-copper producer. The shift recognizes there is money to be made in future years from copper, a building block for world develo…

An all-day workshop on practical diamond exploration in North America will take place March 27 at Toronto’s Royal York Hotel in conjunction with the 1993 convention of the Prospectors and Developers A…

Canadian mining companies are involved in the search for diamonds both at home and abroad: N.W.T. and Alberta — Minerais Barexor (ME) and Nevsun Resources (VSE) have reached an agreement whereby Nevs…

Shaken by a selloff of the Edper Bronfman stocks, including Noranda, The Toronto Stock Exchange’s 300 composite index managed a gain of only 10 points during the week ended Feb. 2. Even though Noranda…

Feb.2 Feb.1 Jan.29 Jan.28 Jan.27 High Low Composite”300″3321.83 3310.92 3305.47 3307.92 3311.64 4009.47 3009.91 Metals&Minerals 2774.96 2765.51 2773.54 2782.42 2806.21 3453.06 2502.63 Integrated Mines…

Western markets continued to charge ahead during the period ended Feb. 2, posting a number of successive new highs not seen for more than two and a half years. The Vancouver Stock Exchange composite i…

Week’s Price (US) Change Gold* $329.60 – $1.00 Silver* $ 3.67 – $0.01 Platinum* $359.60 – $3.90 Nickel** $ 2.62 – $0.01 Lead** $ 0.19 $0.00 Copper $ 1.01 – $0.01 Zinc $ 0.50 + $0.02 Courtesy of Scotia…

Costa Rican gold producer Ariel Resources (VSE) has increased substantially its reserve position by acquiring the San Martin property adjacent to its Tres Hermanos mining operation. Ariel says it paid…

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb. 2 Feb. 1 Jan. 29 Jan. 28 Jan. 27 Copper 1536-1537 1521-1522 1497-1498 1493-1494…

ALUMINUM: MW U.S. market US56-57 cents per lb. (Jan. 28, 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…

The merging of Renaissance Stone Masonry Co. with Hungarian state-owned Kofargo Marble Stone Masonry Co. gives the new company, known as Renaissance, a strong position with regards to the Hungarian ma…

Infill drilling results from the Myra Falls mine property near Campbell River, B.C., prompted mine owner Westmin Resources (TSE) to predict that ore tonnage in the main Battle and the upper lenses wil…