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Spot prices at a glance (December 21, 1992)

Week’s Price (US) Change Gold* $334.90 + $1.50 Silver* $ 3.71 $0.00 Platinum* $362.75 – $0.75 Nickel** $ 2.60 + $0.07 Lead** $ 0.21 $0.00 Copper $ 1.00 + $0.01 Zinc $ 0.48 $0.00 Courtesy of Scotiabank…


NEWS ROUNDUP — Zigarlick retires from Echo Bay

The vice-chairman of Echo Bay Mines (TSE), John Zigarlick, has retired after 24 years with the gold-silver producer. Zigarlick, president of Echo Bay from 1977 to 1991, was named Mining Man of the Yea…


Fording ad draws warning over hiring

British Columbia Labour Minister Moe Sihota is warning that violence could break out in the province’s East Kootenay district if Fording Coal hires Albertans to fill jobs formerly held by Elk Valley r…


Ont. government committed to mining

Contrary to a widely held industry belief, Ontario is committed to the mining industry. At least that is the message delivered by the provincial government at the Ontario Mines and Minerals Symposium …



METALS MARKETS — Seasonal shutdowns may be extended

In an attempt to bring inventories in line with demand, much of the Western World’s heavy industry is planning extra-long shutdowns during the normally slow Christmas and New Year’s period. Along with…


Global opportunities, challenges abound

Delegates to the recent Northwest Mining Association convention were given a whirlwind “tour of the world” in three days without having to leave their comforts here. Following the theme “New World of …



COMMENTARY — North America limps toward recovery

For investors in metals, the 1990s has been a treacherous time. First, North America dipped deeply into recession and, now that the U.S. and Canada are limping toward recovery, Europe and Japan are sl…


Rosebud stepout drilling returns erratic values

Results from eight drill holes outside the known gold resources at the Rosebud property in Nevada recently returned erratic, discontinuous gold values. The Rosebud project is a 49-51 joint venture bet…


ODDS ‘N SODS — Legend of miners’ patron saint

Saint Barbara is the patron saint of miners, among other people. She has her special day on Dec. 4. I first learned of Saint Barbara from Hans de Ruiter, a Dutch-born mining engineer living in Kirklan…


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