Rayrock drills Dee property in Nevada
Drilling is under way at Rayrock Yellowknife Resources’ (TSE) Dee gold property in Nevada.The company is testing 10 deep sulphide targets in the Dee pit area. The first hole will test the contact betw…
Articles by Northern Miner Staff
GOLD FUNDS (July 24, 1995)
Gold Funds as of July 18BGRCentralNet Value$18.41$6.67Price$14.25$6.50Discount22.60%2.5%Value$143,945,000$117,645,450…
Spot prices at a glance (July 24, 1995)
Wednesday, July 19Week’s Price(US) ChangeGold*$389.25+$3.40Silver* $5.34+$0.18Platinum*$440.25+$6.25Nickel**$3.91-$0.04Lead**$0.28$0.00Copper $1.41-$0.04Zinca$0.47 $0.00Cou…
FACTS’N’FIGURES — Mine openings and closures
As a result of recoveries in metal prices in the second half of 1994, the year ended on a positive note for mining in Canada. A total of 12 mines opened or reopened in 1994, while nine closed or suspe…
NEWS ROUNDUP — Glimmer ends talks with Dragon
Discussions have ended between two Vancouver-listed juniors regarding financing for the Hislop Twp. gold property in northeastern Ontario,The property is owned by Glimmer Resources.According to Glimme…
STOCK MARKETS — TSE 300 makes gains as profit-taking ensues
Strength in the TSE 300 composite index accumulated in the early part of the report week ended July 18, as the leading index broke through the 4,700-point level, setting a record for the fourth consec…
Goldstream mill temporarily down
Milling operations at the Goldstream copper-zinc mine near Revelstoke, B.C., have been temporarily suspended to allow underground development to advance.Partners Goldnev Resources (VSE) and Imperial M…
Atapa acquires concession
An agreement with Peruvian-based Sociedad Minera will result in Atapa Minerals (CDN) acquiring the 900-hectare Mauii concession in the Lurin River Valley.The property, nestled in the Western Cordiller…
BHP drills ground near Matagami
BHP Minerals Canada is carrying out additional drilling on Southern Africa Minerals’ (TSE) Cabre base metal property near Matagami, Que.Previous drilling delineated two massive sulphide zones with a r…
MABC launches awareness campaign
The Mining Association of British Columbia will launch a “mining awareness” campaign.The program will publicize important contributions that the mining industry makes to the provincial economy.As part…
Gateway opens to Russian prospects
In March, 1996, about 20,000 visitors from the Commonwealth of Independent States, together with representatives of major mining companies from around the world, are expected to converge in Russia’s c…
METALS COMMENTARY — Metals markets relax in summer
The annual summer doldrums are having a mixed effect on metals markets, with producers waiting out the holiday shutdown period and metal prices varying from strong to weak.Some speculators, who desert…