A dedication ceremony was held Nov 18 to mark the official opening of the Mother Lode open pit gold mine near Beatty, Nevada. The 2,500-ton-per-day heap leach mining operation is held by a joint ventu…
ALUMINUM: MW U.S. Market US76.00 cents – 77.00 cents per lb. (Nov 16, 1989). ANTIMONY: New York dealer US85 cents -90 cents per lb. (Nov 9, 1989). BISMUTH: New York dealer $4.55-$4.65(US) per lb. (No…
Contrary to what was reported (N.M., Nov 20/89), Quebec businessman Jacques Forget holds a 6.3% stake in Dumagami Mines (TSE) through his Montreal-based investment firm Invesfor.
A large base metals deposit in Utah, held by a financially strapped junior, Noble Peak Resources (ASE), is on the auction block. “We expect to have an offer from a major U.S. mining company within thr…
Options Open SeriesVolumeLastInterest Feb 370 C * 43840.50 676 Feb 380 C * 67232.801,230 Feb 390 C * 37322.001,396 Feb 400 C .1,39718.002,768 Feb 410 C * 61812.50 274 Feb 420 C .2,099 9.50 850…
Week’s Price (US) Change Gold*$406.60+$16.10 Silver*$ 5.80+$ 0.43 Platinum*$532.50+$22.10 Nickel**$ 4.35$ 0.19 Lead**$ 0.30$ 0.02 Copper$ 1.12–$ 0.07 Zinc$ 0.63$ 0.03 Courtesy of Scotiabank….
VANCOUVER Graham Gold — 700,000 sold for gross $231,000. Westerra Res — opt exerc on 100,000 @ 40 cents per sh. Mondana Ventures — min 650,000 offered @ 36 cents per sh. Circumpacific Egy — 1,00…
1989 Nov 21Nov 20Nov 17Nov 16Nov 15HIGH LOW Composite “300” 3933.613947.533957.573946.023968.664037.833353.13 Metals & Minerals 3362.203385.633403.613371.453418.023919.203207.50 Integrated mines 3500…
Surprising more than a few analysts, the gold price has staged a recovery and surged past $400(US) per oz. The precious metal, in a price slump the past few months, has not reached such lofty heights …
One of Cominco Ltd.’s (TSE) top executives earned a substantial profit recently while buying and selling shares of the Vancouver- based resource giant. John Fletcher, a senior vice- president in Comin…
It is time to put an end to the myth of flow-through financing. It was a method of financing mineral exploration that did more harm than good to the industry. It has reinforced all the negative aspect…
With the gold price surpassing the $400(US) mark and holding, it’s hard to find anyone bearish about the yellow metal’s future these days. While gold’s performance is always difficult to predict, that…
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