Grouse Creek mine gets reprieve from Hecla
The Grouse Creek gold mine in central Idaho will continue to operate for at least one year while the Sunbeam open pit is mined out.The future of the mine had been in doubt since Hecla Mining (NYSE) an…
News
VBN shares start trading on CDN
Those investors who like the Voisey’s Bay deposit in Labrador as much as Inco (TSE) can continue to invest in the project through “VBN” shares, which will be issued by Inco as part of its proposed tak…
Aussie nickel project attracts interest
Although the Murrin Murrin nickel-cobalt project near Lenora, Australia, is not expected to enter production until early 1998, other nickel producers are watching the project closely, as its processin…
EDITORIAL PAGE — Managing environmental risk
It would seem firefighting is still a popular approach to environmental management for many Canadian companies. That, at least, is the conclusion we can draw from a recent survey on environmental mana…
LETTER TO THE EDITOR — Mines merger in B.C. to increase efficiency
As minister responsible for energy and mining in British Columbia, I want to clarify comments made in your editorial (“Now you see it . . .” in T.N.M., April 1/96) regarding the merger of the former M…
Financing (April 29, 1996)
Triton Mining — 3,500,000 Common Shs issuable upon exercise of Special Wts previously isssued @ $5.10 per Special Wt.
GOLD FUNDS (April 29, 1996)
Gold Funds as of April 18, 1996BGRCentralNet Value$24.47$6.66Price$18.80$6.850Discount23.17%2.9%Value$191,308,000$123,980,205…
Oracle Ridge mine calls it quits
Operating losses at the Oracle Ridge underground copper mine in Arizona have prompted 70% owner Santa Catalina Mining (VSE) to shut down the operation.Santa Catalina cited problems with crushing and m…