PEOPLE — CARSON GOLD (August 21, 1995)
Myron Goldstein appointed chief operating officer.
Articles by Northern Miner Staff
PEOPLE — BMR GOLD (August 21, 1995)
David McKay appointed director.
PEOPLE — BLACK SWAN
Ian MacFarlane Gray appointed director.
ODDS’N’SODS — The value of hindsight
About 2 billion years ago, when this planet was still a chilling, uninhabitable place, a precambrian stream laden with uranium-rich gravels emptied into a lake or inland sea just north of what is toda…
Gold report published in U.S.
The U.S. Bureau of Mines has published a 197-page report on the outlook for gold mining throughout the world.The publication features an in-depth discussion on geology, gold reserves, and mining and t…
Mincor acquiring gold property
The government of Mozambique has licensed Mincor Resources, (ASE) to explore the Niassa concession, in northern Mozambique.The 173-sq.-km concession produced about 240,000 ounces of gold in 1994, from…
R&D firm unveils new gold bioleaching process
A biochemical process developed by a firm based in Bozeman, Mont., is showing potential as an inexpensive, clean alternative to cyanidation in gold extraction.Yellowstone Environmental Science is deve…
DIAMOND NEWS ROUNDUP — Storimin drilling for diamonds near Yellowknife, N.W.T.
Drilling is set to begin on diamond claims belonging to Storimin Exploration (ASE) in the Northwest Territories.Initial plans call for testing certain promising anomalies for the occurrence of kimberl…
Spot prices at a glance (August 21, 1995)
Wednesday, August 16Week’sPrice (US)ChangeGold*$384.10-$0.40Silver*$5.36 $0.00Platinum*$420.70-$2.05Nickel**$4.09+$0.06Lead**$0.28$0.00Copper $1.39+$0.02Zinca$0.46 $0….
Magma Copper basks in record earnings
Continuing its winning ways, Magma Copper (NYSE) unveiled results for its second consecutive record-breaking quarter.The company earned US$54.4 million (or 86 cents per share) for the period, compared…
Gold Funds (August 21, 1995)
Gold Funds as of August 15BGRCentralNet Value$17.99$6.60Price$14.00$6.375Discount22.16%3.4%Value$140,616,000$115,383,038…
Rift, Echo Bay bid on Ethiopian mine
The mining company owned by the Ethiopian government is being approached to sell its Legadembi open-pit gold mine in Sidamo province.A recent bid was placed jointly by Rift Resources (VSE) and Echo Ba…