Spot prices at a glance (September 02, 1996)
Wednesday, August 28, 1996Price (US)Week’s ChangeGold*$388.65+ $1.20Silver*$ 5.21…
Wednesday, August 28, 1996Price (US)Week’s ChangeGold*$388.65+ $1.20Silver*$ 5.21…
Warren Holmes is president and general manager of Falconbridge’s Canadian nickel operations and former president of the Ontario Mining Association. He has written this article at the request of Keep M…
Underground development at the Eagle River mine near Wawa, Ont., has established sufficient reserves to replace 1996 production completely.Calling the underground drill program mine “very rewarding,” …
Despite efforts — not one, but many — to stimulate investment and consumer confidence by lowering interest rates, Canada’s domestic economy remains sluggish. Unemployment numbers are still high, and…
Record quarterly gold production has sparked an increase in earnings for Newmont Gold (NGC-N).The company earned US$21.6 million for the second quarter (before a gain on an asset sale and writeoff), c…
The gold discoveries are coming thick and fast in the area centred on Thorneloe Twp., 18 km southwest of Timmins, Ont.Band-Ore Resources (BNDR-T) has intersected a new gold zone on its Thorne property…
Southeast Asia continues to attract mining companies from around the world, and its already-proven deposits and potential will be the focus of the second annual Southeast Asian Mining Conference and E…
Short positions outstanding at August 15, 1996Larger individual positions included: Barrick Gold 9,590,168; Agnico-Eagle 185,118; Asia Pacific 101,300; Anvil Range Mining 465,600; Anderson Exploration…
Junior Big Valley Resources (BV-A) is drill-testing its Lloyd-Nordik copper-gold property near Williams Lake, B.C.A recent hole, 96-61, intersected 105 ft. grading 0.382% copper and 0.006 oz. gold per…
Reconnaissance work in Tete province, Mozambique, has returned encouraging gold values for partners Trillion Resources (TLQ-T) and Greenhope Resources (GRH-M).Grab samples from old workings at the Mue…
Denver-based Dakota Mining (DKT-T) and mining consulting firm Neil & Associates (NAA) will join forces to explore for gold in northeastern Nevada.The partners will investigate three prior producing go…
While gold exploration companies in Indonesia and West Africa have been making headlines regularly, Sutton Resources (STT-V) has steadily advanced its Bulyanhulu project in Tanzania to the underground…
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