Canyon completes financing for Briggs
Canyon Resources (NASDAQ) has received all major permits and secured financing for its Briggs gold mine in southeastern California.The company raised US$44 million to finance mine construction and rec…
News
Forum to explore land use issues
Land use and entitlement will be the focus of a national forum on resource development and management on First Nation territories, scheduled for April 14-17 in Calgary.The forum, to be chaired by Chie…
OBITUARY — Louis Philip Eckman
Louis Philip (Phil) Eckman, a Winnipeg-born mining engineer, has died. He was 77.Mr. Eckman graduated from geology at the University of Manitoba in 1938 and from mining engineering at Queen’s Universi…
Bre-X says Busang may hold 30 million oz.
Continued drilling by Bre-X Minerals (ASE) on its 90%-owned Southeast zone at the Busang gold project has prompted a company official to speculate the property may hold more gold than originally thoug…
Alaskan conference highlights Klondike
The centenary of the discovery of the Klondike gold fields in the Yukon will be celebrated during the 15th Biennial Conference on Alaskan Mining in Fairbanks.The conference, entitled “Mining in the No…
Experts highlight emerging trends at Copper College
A team of professionals will shed light on copper markets at Copper College ’96, a symposium scheduled for Feb. 27-March 3 in Scottsdale, Ariz.The experts have been assembled by the American Copper Co…
Quebec boosts mineral shipments
According to preliminary data for 1995, both the value of Quebec’s mineral shipments and the total investment in the province’s mining industry were up from the previous year.Mineral shipments from Qu…
CIM to shed light on Voisey’s Bay
The Voisey’s Bay nickel-copper-cobalt project in Labrador will be the subject of a luncheon talk to be held at noon on Jan. 23, at the Westin Hotel in Ottawa.The event is being sponsored by the Ottawa…
GREATEST VALUE TRADED, Jan. 10-16
Value($000s)HighLowCloseChange Barrick Gold T256123$40 1/237 1/238 3/8- 1 1/4Placer Dome T201756$37 1/234 5/836 1/8- 3/4Alberta EnergyT108892$23 1/822 1/822 1/2- 1/2TVX Gold Inc …
Electra advancing Aurora property
Prefeasibility work at the Aurora gold mine, 28 miles southwest of Hawthorne, Nev., is expected to wind down by the end of February.Mine owner Electra Mining Consolidated (VSE) is working to outline a…
STOCK MARKETS — Western markets push ahead as gold stalls
Although the rally in bullion markets failed to propel the yellow metal through the US$400-per-oz. level, western markets managed to hit a high note at the end of the report period ended Jan. 16.The V…
DIAMOND NEWS — Winter drills turning at Fort la Corne project
Results from last year’s mini-bulk sampling at the Fort la Corne diamond project in Saskatchewan have prompted a winter drilling program.The project is a joint venture among Kensington Resources (VS…