Spot prices at a glance (December 16, 1996)
Wednesday, December 11, 1996Price (US)Week’s ChangeGold*$369.60- $0.80Silver*$ 4.8…
Articles by Northern Miner Staff
New reserves tallied for Goldfields
It’s out with the old numbers and in with the new at the Goldfields project of Greater Lenora Resources (GEN-T).Situated in northern Saskatchewan, the gold project is now estimated to contain an in si…
PEOPLE — TENAJON (December 16, 1996)
D.B. McLeod appointed president and chief executive officer; and Donald McLeod appointed chairman.
GREATEST VALUE TRADED, Dec. 4-10
ExchgValue($000s)HighLowCloseChangeBarrick GoldT2…
Busang deal still awaited
The Busang gold deposit in Kalimantan continues to interest major mining companies, despite uncertainty related to the status of negotiations between the deposit’s owner, Bre-X Minerals (BXM-T), and s…
Campbell forges ahead in Panama
With a positive feasibility study complete, Campbell Resources (CCH-T) is moving to develop its Cerro Quema gold deposit in southwestern Panama.The property hosts two epithermal gold deposits (La Pava…
Quebec gov’t reports new showings
Quebec provincial geologists report new copper-nickel showings near the Lac Volant claims, northeast of Sept-Iles.The province reports nine showings in the Havre-Saint-Pierre sector, and four showings…
Cambior suspends zinc operation
Montreal-based Cambior (CBJ-T) has suspended zinc production at its Gonzague-Langlois mine, near Lebel-sur-Quevillon, Que.The temporary closure is attributed both to weak zinc prices and the need to m…
PEOPLE — VENTURES RES. (December 09, 1996)
Peter Thomson appointed chairman; R. Sheardown appointed president and chief executive officer.
Six more pioneers inducted into Hall of Fame
The Canadian Mining Hall of Fame will induct six pioneers during its annual dinner on Jan. 22, 1997, in Toronto.The inductees will bring to 76 the number of individuals admitted to the Hall, which was…
EDITORIAL PAGE — Hardball or spitball?
The Voisey’s Bay nickel deposit in Labrador is an asset of strategic importance to Inco, which is why the major worked hard to defeat rival Falconbridge in the bidding war for the deposit earlier this…
THE DIAMOND PAGE — Birdseye no bull’s-eye
A geophysical anomaly at the Birdseye property in central Saskatchewan does not appear to be kimberlite-related.Partners Big I Developments (BID-V) and Golden Kootenay Resources (GKK-A) tested the ano…