Noranda boosts Caber resource
With a production decision imminent, Noranda (NOR-T) has tallied a new resource for the Caber massive sulphide deposit, 35 km west of Matagami, Que.The major, which is earning a 70% interest in the pr…
News
PEOPLE — Consolidated Earth Stewards
Peter Grandich appointed director.
PEOPLE — Consolidated Bradbury
Harmen Keyser appointed director.
LETTER TO THE EDITOR — Saskatchewan gives prospectors short shrift
Perhaps my exploration experiences in Saskatchewan over the past four years may serve as a warning to other well-intentioned prospectors.In 1996, my company, Copperquest, optioned a property in northe…
TSE INDICES (June 07, 1999)
.ZT1999Jun. 1May 31May 28May 27May 26HighLowCo…
PRODUCER & DEALER PRICES (June 07, 1999)
Antimony: Representative mid-market US$1,235 per tonne (May 18/99).Bismuth: Representative mid-market US$3.60 per lb. (May 18/99).Cadmium: Representative mid-market US$0.23 per lb. (May 18/99).Chromiu…
Discovery adds spark to Vueltas del Rio
Drilling by Geomaque Explorations (GEO-T) has intersected gold-silver-zinc mineralization at El Zapotal, an exploration target near the company’s proposed Vueltas del Rio gold mine in northwestern Hon…
MINING MARKET & INVESTMENT NEWS — WESTERN MARKETS –Winspear hits high note as Major General slumps
During the report period ended June 1, the Vancouver Stock Exchange composite index was off 4.93 points to close at 452.71. The mining index slipped 1.88 points to finish at 311.64, while the combined…
Claude extends zone
Underground drilling at the Madsen mine in northwestern Ontario has extended the West McVeigh zone 30 metres along strike.Claude Resources (CRJ-T) sank 13 holes into the zone from the second and fourt…
METAL PRICES (June 07, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJune 1May 31May 28May 27…
MINING MARKET & INVESTMENT NEWS — INVESTMENT COMMENTARY — Rio Narcea on trail of Caesar’s Eldorado
Mike Jones of T.H. Hoare & Co. has taken a shine to Rio Narcea Gold Mines (RNG-T), operator of the El Valle gold mine in northern Spain.In a research report, the analyst notes that the open-pit mine, …
British Columbia copper mines face tough times
Deteriorating copper prices have forced 60%-owner Imperial Metals (IPM-T) to negotiate the second financial restructuring package for the Huckleberry copper mine in less than a year.The open-pit mine,…