Inmet Mining adds second drill at Akie property
In an effort to accelerate drilling at the Akie massive sulphide project in northern British Columbia, Inmet Mining (TSE) is adding a second rig.Inmet, which is earning a 60% interest in the project f…
1995
The Northern Miner now on the Internet’s World Wide Web
When this issue of The Northern Miner becomes cracked and faded, its contents will live on as bits and bytes on the Internet.The Northern Miner Home Page is up and running on the Internet’s World Wide…
PRODUCER PRICES (July 31, 1995)
ALUMINUM: MW U.S. market US89.56.5-90.5 cents per lb. (July 21, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$3.60-3.70 per lb. (July 21, 1995)…
VSE names Johnson as president
The Vancouver Stock Exchange has appointed a new president and chief executive officer to succeed Donald Hudson, who is retiring after almost 14 years in the position.Michael Johnson, 52, former chair…
Kinbuari acquires African ground
CDN-listed Kinbauri Gold will explore the 478-sq.-km Soukoura concession in western Burkina Faso.The property is underlain by a sequence of Birimian volcano-sedimentary rocks cut by the 65-km-long, no…
Gold output is set to grow
Gold production throughout the world is expected to increase by an average of 2.5% annually over the next four years, according to World Mine Production of Gold 1994-1998, an annual report issued by t…
METAL PRICES — FREE MARKET (July 31, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateJuly 25 July 24 July 21July 20 July 19Copper2945-2950 2952-2957 2923-29283215-32173125-3130Lead 617.5-618.5 618.5-619.5 613.5-614…
Base metal prices ease off slightly
After climbing to more than a 4-year high in January, The Bank of Nova Scotia’s metal and mineral index has drifted lower over the past four months.Base metal prices are taking a breather after last y…
McCaw School of Mines under construction
A 4,500-sq.-ft. school is being constructed in Henderson, Nev., so that students can learn about the state’s rich mining history.When it opens in September, the school will feature a mine tunnel, a di…
COMMENTARY — Marketing the mining industry
The federal government needs to develop a marketing strategy to attract more investment to this country’s mining sector and revitalize its competitiveness. A marketing approach should be developed wit…
Spot prices at a glance (July 31, 1995)
Wednesday, July 26Week’s Price (US)ChangeGold*$385.80-$3.45Silver*$ 5.15-$0.19Platinum*$430.50-$9.75Nickel**$ 3.88-$0.03Lead**$ 0.28 $0.00Copper $ 1.34-$0.07Zinca$ 0.46-$0….
Newmont makes discovery at Carlin
Already one of the largest gold producers in Nevada’s prolific Carlin trend, Newmont Gold (NYSE) is busy outlining another sizable resource on a block of ground just north of its Carlin pit.The major …