Zaruma tests Luz del Cobre
Newly listed Zaruma Resources (ZMR-T) is carrying out metallurgical work at its Luz del Cobre project, in Mexico, in order to bring an existing feasibility study to the bankable level.Situated in the …
News
Positive study tabled for Finlayson
The Finlayson zinc project in southeastern Yukon is technically and economically viable, according to a prefeasibility study which assumes that the sulphide concentrates are marketable without any sec…
November mean month for gold mining
The brutal combination of high costs and weak prices has forced several companies to suspend mining and development activities at gold projects that aren’t robust enough to survive an industry downtur…
DRC’s drilling tests resource below pit at Afton
Six months of drilling from the floor of the Afton open pit, 10 km west of Kamloops, B.C., has — predictably enough — delivered a substantial copper and precious metal resource to owner DRC Resource…
Exploration spending declines
Total spending allocated for worldwide exploration of nonferrous metals increased steadily from 1993 to 1997, when it peaked at an estimated US$5.2 billion, according to Halifax, N.S.-based Metals Eco…
Exchange Rates (November 20, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 14Nov. 13Nov. 10Nov. 9Nov. 8US$ in C$1.5446Holiday1.54551.54…
Lakefield announces merger
Metallurgical research firm Lakefield Research has formed a joint venture with British-based Alfred Knight Group to service companies exploring in South America.The new entity, Knight-Lakefield South …
Metal Prices (November 13, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 7Nov. 6Nov. 3Nov. 2Nov. 1Aluminium1473/1497…
Nothing new for Royal Oak
I am wondering if you have any information regarding Royal Oak Mines. I am one of those lucky investors still holding shares in Royal Oak. Do you know if any other company is planning to take over wha…
TSE Shorts (November 13, 2000)
Short positions outstanding at October 31, 2000Larger individual positions include: Abitibi-Consolidated 467,593 down 1,146,358; Anderson Expl. 1,413,879 down 348,438; Barrick Gold Corp. 11,…
Producer and Dealer Prices (November 13, 2000)
Antimony: Mid-mkt US$1,630/t.Bismuth: Mid-mkt US$3.70/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$14.00-16.25/lb.Copper: Comex Dec. US$0.8305/lb.Indium: I…
Canadian Stock Exchange Indices (November 13, 2000)
DateNov. 7Nov. 6Nov. 3Nov. 2Nov. 1HighLowTSE 3009576.829…