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Gold price slides, other metals rebound

As gold prices plunged to a 7-year low, other metal prices continued to rebound from slumps experienced in mid-November. On Jan. 4, gold was fixed in London at US$328.25 per oz. in the afternoon sessi…


Challenging year ahead for Placer Dome

New at the helm of Placer Dome (TSE), President John Willson must contend with more than just weak gold prices. The former Pegasus Gold president replaced Tony Petrina, who resigned last summer after …


ODDS ‘N SODS — Aaro Aho the undaunted Finlander

I have met and worked with many geologists during my tenure in mining. These much-respected professionals possess many outstanding characteristics, not the least of which is determination. One geologi…




PRODUCER PRICES (January 11, 1993)

ALUMINUM: MW U.S. market US57-58 cents per lb. (Dec. 25, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992). CA…


BHP ratifies Sutton option

Mining giant BHP Minerals International recently agreed to take up an option on the Kabanga and Kagera concessions in Tanzania from Sutton Resources (VSE). Under the terms of the previously announced …


Galleon, BMR in Madison deal

In an effort to attract a third party to further develop the Madison gold-copper property near Butte, Mont., owners BMR Gold (VSE) and Galleon Mining (VSE) plan to consolidate the holding. Galleon rec…




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