New Canamin targets copper-gold
The extent of the Huckleberry copper project, near Kemano, B.C., is gradually coming into focus. As definition and infill drilling continue on the East zone, New Canamin Resources (VSE) is preparing t…
News
Moneta buys two U.S. gold properties
Timmins, Ont.-based Moneta Porcupine Mines (TSE) has agreed to acquire Wounded Bull Resources, a wholly owned subsidiary of Australian-based Pima Mining. Wounded Bull owns two gold properties in the U…
JUNIOR MINING SPECIAL — Mutual options prospects in Ghana
VSE-listed Mutual Resources plans to explore two newly optioned gold concessions in south-central Ghana. The Oda River and Kent concessions are in the Manso Kwanta gold belt which runs parallel to, an…
Canada ranks fifth in output
A ranking of the top 10 gold-producing countries in 1993 places Canada in fifth place, unchanged from the previous year. Total Canadian output dropped to 150.9 tonnes gold last year from 160.4 tonnes …
JUNIOR MINING SPECIAL — Vietnam now open to new mining
On Feb. 3 of this year, U.S. President Bill Clinton removed the 19-year-old prohibition against American companies doing business in Vietnam. This prohibition had, by moral persuasion, inhibited most …
COMMENTARY — West Africa versus South America
Why do we believe that investor enthusiasm, which swept South American countries like Venezuela in 1993, will spread to West African countries in 1994? (By West Africa, we are referring primarily to t…
PEOPLE — JACQUELINE GOLD
Robert Fennimore appointed director.
JUNIOR MINING SPECIAL — Agnico develops new zones at
Proving that a Canadian mining company needn’t leave the country to succeed, Agnico-Eagle Mines (TSE) continues to operate mines and explore for metals exclusively in northwestern Quebec and Ontario. …
JUNIOR MINING SPECIAL — Revised Mexican laws find favor with
Changes in foreign investment and mining laws as well as improvement in the tax structure have encouraged foreign companies to invest in Mexico. Late last year, the government of President Salinas de …
EDITORIAL PAGE — African opportunity
In South America, Chile played a leading role in attracting foreign mining companies, being the first to pass new laws which paved the way for foreign companies to explore for and develop mineral depo…
Spot prices at a glance (May 30, 1994)
Price (US) Week’s Change Gold* $386.40 + $6.71 Silver* $405.57 + $0.13 Platinum* $404.50 + $7.25 Nickel** $402.96 + $0.15 Lead** $400.22 $0.00 Copper $401.04 + $0.05 Zinc $400.43 $0.01 Courtesy of Sco…
JUNIOR MINING SPECIAL — Molybdenum projected to recover
After four years of declining demand for molybdenum, the outlook for the rest of the 1990s is brighter for the metal, with developing economies, particularly in South East Asia, likely to show the hig…