Noranda to test SX-EW at Gaspe
Solvent extraction-electrowinning technology (SX-EW) will be applied to stockpiled copper oxide ores at Noranda’s (TSE) Gasp mine in Quebec.The company will spend $4 million constructing a pilot plan…
1995
Uranerz, Cameco form partnership with Kazakhs
The idea would have been improbable a few years ago: Canadian and German companies forming a joint venture to exploit uranium deposits in Kazakhstan, once part of the Soviet Union. But things change, …
LETTER TO THE EDITOR — Reunion planned for Salmo, B.C.
A long-awaited reunion is planned for next summer in the historic mining community of Salmo, B.C.Former residents, and employees of the district’s past producing mines, are invited to join together an…
Drilling at Petaquilla focuses on Valle Grande
Drilling at the Petaquilla property in Panama is testing the starter-pit potential of the Valle Grande zone.Adrian Resources (TSE) reports that classic porphyry-style mineralization begins at surface …
Int’l Gold banks on Bibiani deposit
A feasibility study on the Bibiani gold deposit in Ghana has concluded that the project is “robust and economically viable.”The deposit, owned 45% by International Gold Resources (TSE) and 55% by the …
Goldbrook options Onaman property
Alberta-listed Goldbrook Explorations plans to explore some newly optioned claims in northwestern Ontario.The South Onaman property comprises 51 claims on the southern boundary of Goldbrook’s 148-clai…
INSIDER TRADING — Teck brass granted options, sell shares
Four senior officers of Teck (TSE) recently exercised options and acquired Teck class B shares which they then sold.According to the Ontario Securities Commission’s OSC Bulletin, Gary Jones, senior of…
FACTS’N’FIGURES — Nevada dominated by gold
In 1994, Nevada produced an estimated US$3.2 billion in minerals (including petroleum and geothermal energy), which is 8% more than in 1993. Gold production in the state reached an all-time high last …
Permits issued for Briggs gold deposit
Colorado-based Canyon Resources (NASDAQ) has received all major permits for construction of the Briggs gold deposit in southeastern California.However, the company has received two appeals concerning …
Gold demand continues to grow
Broad-based, worldwide demand for gold continued to grow in the second quarter.The latest issue of Gold Demand Trends, published by the World Gold Council, indicates that investors continued to show e…
INVESTMENT COMMENTARY — Kinross takes a breather
By purchasing underdeveloped assets and realizing their full potential, Kinross Gold (TSE) has become one of the fastest-growing North American gold producers. Indeed, the company seems poised to join…
Busy year in Dominican Republic
Nineteen ninety-four was an active year for the mining industry in the Dominican Republic, particularly in the metallic and non-metallic sectors.Exports of ferronickel, gold and other mineral products…