From time to time in the mining- refining business, I hear statements such as “the metal price ought to go up because my production costs have risen” or “I ne ed a better metal price.” These statement…
A recent action by Brazil to retain all foreign companies’ remittances of profits and dividends is likely to discourage overseas investors from considering any new projects in that country. The move h…
Murray Pezim kisses a core sample taken from the Eskay Creek project being drilled by Calpine Resources. Skip Lemarier with the Norseman aircraft.
Despite persistently wet weather that hampered operations at its Haile heap leach mine in South Carolina, Piedmont Mining (NASDAQ) managed a 56% increase in gold production for its second quarter whic…
Stock prices finished higher on the week, helped by a buoyant mining sector. The mining and minerals index climbed almost 22 pts and the market portfolio more than 45 pts. Daily trading volumes were l…
22.50 ** Nov 360 P 307 4.501,241 ** The New York closing gold price was $366.75 per oz. Last quotations for IOCC gold options traded in Amsterdam, Montreal, Vancouver and Sydney …
What a week] Phones ringing, paper flying, champagne corks popping and record-breaking trading volumes. That’s the kind of action VSE brokers basked in after Calpine Resources released spectacular res…
Officials at Toronto-based Goldquest Exploration (TSE) don’t know what was behind the recent movements in the company’s share price. Goldquest shares nearly doubled to 33 cents recently in active tra…
Hugh O’Neil, Ontario’s new Mines Minister, hasn’t wasted any time acquainting himself with the issues affecting mining in Canada’s leading mineral producing province. In fact, the new Mines Minister h…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sep132.50 127.50 128.00 + 2.65 Oct– — 126.60 Dec128.25 123.50 123.75 + 1.90 SILVE…
First-half earnings for Cheni Gold Mines (TSE) were $901,000 or 8 cents per share after extraordinary items. Cash flow during the period was $2.36 million, due largely to Cheni’s Lawyers gold mine in …
As indicated by the trading pattern this week of International Viking Resources, investors have already noted the connection between the Vancouver-based company and the big gold discovery in British C…
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