Cerro Casale moves closer to development
A final feasibility study by Placer Dome (PDG-T) indicates that the Cerro Casale porphyry gold-copper deposit in Chile can be developed economically as a large-scale, low-grade open-pit mine.The depos…
News
Platinum, palladium prices fuel market activity
Strong demand and continuing uncertainty over Russian exports kept platinum and palladium prices rallying during the Feb. 9-15 report period. The former climbed $8 to US$549 per oz., while the latter …
Sky’s the limit for CDNX
The Canadian Venture Exchange continued its climb, tacking on 196.62 points, or 6.2%, to finish the week ended Feb. 15 at 3,363.50.Canada’s small cap market has launched three new indices: technology;…
LME WHSE LEVELS (February 21, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 15/99 (change from Feb. 8 in brackets):Metal Stock(tonnes)…
The Northern Miner — North American Mining Index (February 21, 2000)
90.40 (+4.35)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (February 21, 2000)
65.46 (+2.98)(Sept. 30/98 = 100)…
TSE INDICES (February 21, 2000)
— 2000 –DateFeb. 15Feb. 14Feb. 11Feb. 10Feb. 9High…
Trivalence expands K23
Stepout drilling has expanded to 4.9 ha the size of the K23 kimberlite at the Aredor diamond concession in Guinea.Operator Trivalence Mining (TMI-V) sank seven holes to test for lateral extensions, tw…
MEETINGS (February 21, 2000)
Feb 23 Auric — annual, generalFeb 23 Houston Lake — annual, generalFeb 24 Avalon — annual, generalFeb 24 Azimut — annual, general, specialFeb 24 Xema…
EVENTS (February 21, 2000)
Feb. 29 CPM Group — “Silver Mining Investment Conference.” New York Mercantile Exchange, New York, N.Y. Tel: (212) 785-8320. Fax: (212) 785-8325. Web site: http://www.cpmgroup.comMarch 2-3…
Rising nickel prices give big boost to Inco
Rising metal prices at year-end combined with declining production costs made it possible for Inco (N-T) to earn a respectable profit for 1999.For the year, the major earned US$17 million (a loss of U…
Silver demand still exceeds supply
Global silver production during 1999 is expected to have reached 552 million oz., a 3% increase over final figures reported a year earlier, according to the Silver Institute of Washington, D.C.Mexico …