In keeping with its plan to boost nickel production by 20% over the next decade, Inco (TSE) will proceed with a feasibility study at its Goro nickel project in the French island of New Caledonia.The s…
Diamonds are being found in geological environments outside cratons and in rocks other than kimberlites. As a result, different sources and origins of diamonds must be considered.Experiments at severa…
A private placement valued at $15 million will aid privately owned Iamgold in its West African initiatives.The company will use the proceeds to acquire, explore and develop precious metal properties.I…
Exchange Value($000s)HighLowCloseChange Barrick Gold T126650$35 3/833 7/835 3/8+3/4Placer Dome T117249$36 7/83435 1/2-1Inco Ltd T110618$46 5/84545-7/8Falconbridge T59748$29…
At the Diavik project near Lac de Gras, N.W.T., a 1-km-long decline is being driven to the 155-metre level in preparation for bulk sampling, to begin in the new year.Aber Resources (TSE) holds a 40% i…
Taking a decidedly aggressive approach to mine-finding, Barrick Gold (TSE) has announced plans to spend US$30 million within several underexplored areas of West Africa and China.In Mali, drilling will…
After nearly two years of relative peace in Peru, the Sendero Luminoso, or Shining Path, has resumed its terrorist activities in some parts of the country. On July 3, a geologist working for Minera Lo…
I was interested in one of your front-page articles, which appears to encourage cash rewards for exploration successes (“Exploration incentive bonus spurs Troilus discovery team,” T.N.M., July 3/95). …
Short positions outstanding at July 15, 1995.Larger individual positions included: Abacan Res. 116,500; Aber Res. 43,700; Agnico-Eagle 172,830; Anderson Expl. 25,900; Archer 74,800; Arimetco 323,400; …
In the early 1950s, it was discovered that gold reserves were fast-declining at two of the chief operations in Ontario’s Geraldton camp, namely the Little Long Lac and MacLoed-Cockshott mines. People …
Wednesday, August 2Week’sPrice (US)ChangeGold*$382.65-$3.15Silver*$5.15 $0.00Platinum*$422.00-$8.50Nickel**$3.91+$0.03Lead**$0.28$0.00Copper $1.35+$0.01Zinca$0.46 $0.00C…
Preliminary exploration of the Brealito property in northwestern Argentina is outlining a zone of porphyry copper-silver mineralization.Mansfield Resources (VSE) estimates the zone measures 500 by 600…
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