1993

Losses mount for Curragh

Struggling Curragh (TSE) reported a net loss of $29.9 million for the second quarter. The company attributes the situation to the decision in April to cease production at its lead-zinc-silver mine in …



EDITORIAL PAGE — Deep-felt commitment

Nothing warms the cockles of an old miner’s heart more than to read that some aging mine somewhere in Canada, tottering toward depletion, discovers a new zone or orebody. Closure postponed, a few hund…


Sleeping Giant revived

The Sleeping Giant gold mine, 50 miles north of Amos, Que., has once again awoken from its slumber. Project partners Cambior (TSE) and Aurizon Mines (TSE), each with a 50% interest, started up the ope…







Theme park for Cobalt?

A mining heritage theme park, which would house the Canadian Mining of Fame, has been proposed for Cobalt, Ont. Gino Chitaroni, whose family has owned and operated a tourism business in the historical…


Comex trading 5-day options

The Commodity Exchange of New York (Comex) began trading 5-day copper options earlier this month. The short-dated option contract, a means for investors to manage short-term price risk, complements Co…


Flat outlook for gold output

Gold miners around the world project flat production through to 1996, The Gold Institute of Washington, D.C., reports in an annual survey. The survey, in which more than 200 producers were assessed, s…


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