River Gold, Muscocho group in mill deal
Gearing up for production during the third quarter of this year at its Eagle River gold project near Wawa, Ont., River Gold Mines (TSE) has reached a leasing deal for the nearby Magnacon mill. The mil…
Articles by Northern Miner Staff
Spot prices at a glance (March 13, 1995)
Week’s Price (US) Change Gold* $383.10 + $6.80 Silver* $4.68 + $0.21 Platinum* $419.50 + $10.50 Nickel** $3.47 + $0.22 Lead** $0.26 + $0.01 Copper $1.32 + $0.04 Zinc $0.46 + $0.01 Courtesy of Scotiaba…
Alaskan permits stalled for Echo Bay
A report by the Environmental Protection Agency (EPA) is stalling the permitting process required to reopen the historic Alaska-Juneau gold mine. The project is owned by Echo Bay Mines (TSE). A Techni…
Airborne survey for New Brunswick
The mineral industry in New Brunswick received a boost when it was announced that the province will undergo an airborne geophysical survey. Aimed at identifying exploration targets, the survey will be…
FREE MARKET (March 13, 1995)
London Metal Exchange Spot closing prices in $US per tonne Date March 7 March 6 March 3 March 2 March 1 Copper 2877-2878 2897-2898 2924-2925 2872.5-2873.5 2815-2816 Lead 573-574 585-587 590-592 570.5-…
GOLDFUNDS (March 13, 1995)
BGR Central Net Value $15.83 $6.30 Price $13.25 $6.375 Discount 16.29% Premium 1.2% Value $123,856,000 $115,383,038…
EXPLORATION ’95 — Diamond find near Hinton boosts Alberta
The honor of yielding the first significant diamond find in Alberta’s history goes to the community of Hinton. On virtually a weekly basis, the partnership of Montello Resources (ASE), Troymin Resourc…
EXPLORATION ’95 — Nugget drilling Hill End project
A drilling program is under way on Hawkins Hill at the Hill End project of Nugget Resources (ASE) in New South Wales, Australia. The junior says an east-west “fence” of holes will crosscut the line of…
EXPLORATION ’95 — Mutual broadens exposure in southwestern
Increased interest in the Manso Nkwanta district of southwestern Ghana has prompted Vancouver-based Mutual Resources (VSE) to form a strategic alliance with Leo Shield Exploration, whereby the parties…
Guyana Gold in proposed JV in Zimbabwe
The government of Zimbabwe has approved a proposed joint venture concerning the Sabi gold mine. Guyana Gold (VSE), along with a private Zimbabwe firm, can acquire a 55% interest in the joint venture f…
EXPLORATION ’95 — Santa Fe seeks to expand reserves
With a 3-pronged approach to exploration, Santa Fe Pacific Gold (NYSE) has become one of North America’s most aggressive exploration-oriented gold mining companies. Its strategy involves exploring aro…
EXPLORATION ’95 — Chile’s gold potential a buried treasure
Chile is best known for its front-ranking copper deposits, but a major exploration initiative by Barrick Gold (TSE) is aimed at placing the South American country on the map as a leading gold producer…