OBITUARIES — Elmore Dillman
Elmore Dillman, a mining promoter who worked across Canada, has died. He was 78.A graduate of the University of Saskatchewan’s mining engineering program, Mr. Dillman started his career in the late 19…
News
Securities disclosure is going electronic
By autumn, the System for Electronic Document Analysis and Retrieval (SEDAR) will be mandatory for many public companies.Described as an improvement over traditional paper filings made to Canadian sec…
STOCK MARKETS — Western markets take another beating
Western markets were hit hard at the end of our report period ended July 23, erasing most of the gains made earlier in the week.The Vancouver Stock Exchange composite index closed up 3.85 points at 1,…
Toronto Stock Exchange Indices (July 29, 1996)
1996July 23July 22July 19July 18July 17HighLowCom…
New zone found at Angostura
Drilling at the 1,750-hectare Angostura project in northeastern Colombia has identified a new gold-silver chert zone, about 1 km southwest of the Veta de Barro area.The drill program is funded by Chur…
PRODUCER PRICES (July 29, 1996)
ALUMINIUM: LME settlements US$1,462 per tonne (July 23, 1996), alloy US$1,220 per tonne (July 16, 1996).ANTIMONY: Composite free market, US$2,650 per tonne (July 22, 1996).BISMUTH: Composite free mark…
METAL PRICES — FREE MARKET (July 29, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateJuly 23July 22July 19July 18July 17…
Int’l Taurus regains namesake property
Cyprus Canada, a wholly owned subsidiary of Cyprus Amax Minerals (CYM-N), is selling its right to earn up to a 70% interest in the Taurus property back to International Taurus Resources (ITU-V).The Va…
Troymin cuts copper and nickel in Quebec
Early drill results from the Hawk Ridge property have convinced Troymin Resources (TYR-M) that high-grade, copper-nickel deposits can be found in the Ungava region of northern Quebec.The company holds…
Joutel expands gold resources in Cuba
New results have expanded the known gold resource at three Cuban projects of Joutel Resources (JTL-T).At the Zona Barita project, the 28-hole third phase of drilling is now complete, and a prefeasibil…
Eastfield, Prism advance gold properties in Nevada
The Tonapah district has a mining history dating back nearly a century, and now a chapter is about to be written by two Canadian juniors.Eastfield Resources (ETF-V) and Prism Resources (PRN-V) are ope…
MacDonald results marred by dispute
Bench development at the Big Golden Hill prospect in Cuba has exposed a zone of mineralization averaging 0.53 gram (0.015 oz.) gold per tonne over 372 metres and increased the potential to outline a h…