Leaf Rapids plans celebration
Friends, both old and new, are being sought to help Leaf Rapids, Man., celebrate the town’s 25th anniversary.Situated 3 km south of the Churchill River on the Canadian Shield and 976 km northwest of W…
News
Colorado conference highlights 21st century
The 99th annual meeting of the Colorado Mining Association will focus on the survival of the industry in a growing global economy. The National Western Mining Conference and Exhibition, will be held F…
Drilling is planned at Indata project
Diamond drilling will get under way soon at the Indata project, 130 km north of Fort St. James, B.C.Clear Creek Mining is earning a half interest in the property from Eastfield Resources (VSE) by spen…
SX-EW copper rises to record levels
Cathode copper produced by solvent extraction electrowinning (SX-EW) exceeded 1 million tonnes in 1995 and will rise to 2.3 million tonnes by the year 2000, representing about 20% of refined productio…
Barrick options La Grande
An agreement with Diabior Explorations (ME) will see Barrick Gold (TSE) acquire a 50% interest in the northern and southwestern part of La Grande, a gold property in northwestern Quebec.The property l…
Orvana to drill Butte Highlands
Drilling is expected to begin in May on the Butte Highlands property in Montana. Orvana Minerals (TSE) is planning a 25,000-ft. program, including infill drilling on the Nevin Hill resource, as well a…
Equity financing nets William $29m
Toronto-listed William Resources has closed a special warrant equity financing with an underwriting group that will enable it to begin taking over Australian-based Valdora Minerals.The financing consi…
Investment Commentary — Yorkton mining analyst lists top stock picks for 1996
With 1996 shaping up to be another record year for North American stock markets, investors are searching for low-priced issues that have potential for significant capital gains.This trend forms the ba…
Eldorado breaks ground for second gold mine in Mexico
Construction is under way at the Trinidad gold project in Mexico’s Sinaloa state.The mine, a 51-49 joint venture between Eldorado (TSE) and Almaden Resources (VSE), is expected to produce 30,000 oz. g…
Spot prices at a glance (February 19, 1996)
Wednesday, February 14, 1996Week’s Price (US)ChangeGold*$403.90-$10.85Silver*$ 5.69-$0.13Platinum*$421.50-$9.50Nickel**$ 3.68-$0.12Lead**$ 0.34-$0.01Copper $ 1.14-$0.03Zinca$ …
Mincor Resources boosts reserves at Monarch mine in Mozambique
Improvements to the milling circuit have enabled Mincor Resources (ASE) to increase reserves at its Monarch mine in Mozambique.The Monarch mine produces 20,000 oz. annually and now has a reserve large…
PEOPLE — RISING PHOENIX (February 12, 1996)
Constantine Melnikoff appointed director.