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Company Notes

• TVI Pacific Inc.
• Sherwood Mining Corp.
• Rubicon Minerals Corp.
• Planet Exploration Inc.
• Goldcorp Inc.
• Placer Dome Inc.
• Wolfden Resources Inc.
• Redstar Gold Corp.
• Oretcch Inc.
• Goldspring Inc.
• McWatters Mining Inc.
• Cambior Inc.

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Asarco Accepts Phelps Dodge Buyout


Asarco Inc. accepted a sweetened buyout offer from Phelps Dodge Corp., setting up a three-way, $2.9 billion deal that will make Phelps Dodge the world's largest copper producer.

Increase in Silver Demand by Photography Industry


Washington—The use of silver by the photographic industry worldwide is projected to increase 10 percent over the next five years for photographic applications ranging from amateur snapshots to medical X-rays and motion pictures, according to a new report published in the Silver Institute's Silver News.

Why Did This Silver Mine Close? - Pt III


Narrowing down a closure date will allow you to check the commodity price during that time and possibly confirm that a low price, rather than a lack of ore, was the driving force that closed the operation.

Barrick Offers $10 Million to Unlock Silver Ore


Barrick Gold Corporation is offering US$10 million to anyone who can unlock the silver from the ore at its Veladero gold mine in Argentina.

The Kenai Peninsula Goldfields


Half the prospecting adventures I’ve done on the Kenai Peninsula occurred in winter. Not because I enjoyed looking for gold among the ice flows or 34-degree water, but on some creeks winter is the best time to find gold after violent swirl holes slow down.

The Lucky Shot Mine


I hobbled around on the broken up, sorted rock pile. Watching where I stepped, I kept my eye open for quartz with a gray-blue color imbedded throughout the samples I picked up.

The Pay Streak: Redefined With Metal Detectors


The time-honored objective in recovering gold from placers has always been to discover and recover gold from the detritus of both known and unknown lodes. The traditional method to recover gold from desert dry placers was to locate and work the enriched gravels known as the “pay streak.” This pay streak was usually found directly over false or true bedrock and within the upper few inches of the bedrock itself.

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