1995



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…



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…


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….


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