Strike plans work for new project
A work program is planned for the recently acquired Nicopor base metal property north of Schreiber, Ont., Strike Minerals (CDN) reports.The junior has been negotiating a possible joint venture for the…
1995
Spot prices at a glance (May 01, 1995)
Wednesday, Apr. 26Week’sPrice (US)ChangeGold*$389.85-$7.10Silver*$5.69-$0.23Platinum*$441.00-$20.25Nickel**$3.25-$0.03Lead**$0.27$0.00Copper$1.26-$0.06Zinc$0.48 $0.00…
Taylor Rand enters venture in Zaire
Toronto-based Taylor Rand (CDN) will form a joint venture with Zaire-based Mbula SPRL, with the former owning a 45% interest.The main asset, situated in the Manlema and Kasangani regions of Zaire, is …
PRODUCER PRICES (May 01, 1995)
ALUMINUM: MW U.S. market US89.5-90.5 cents per lb. (April 21, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.55-3.65 per lb. (April 20, 1995)…
McLeese Lake to Gibraltar’s liking
First-quarter copper production from the McLeese Lake open-pit mine of Gibraltar Mines (TSE) in central British Columbia totaled 15.3 million lb. at a cash cost of US88 cents per lb.The mine, which re…
Companies (May 01, 1995)
AdexAgate BayAshtonAurizonBaja GoldBarrickBreakwaterBruneauCalcoCampbellCamphorCanmineCanyonCitadelCoeur d’AleneCominco REsCrown ButteCusacCyprus amaxDynacorEcho BayEgoEl CondorEldo…
NEWS ROUNDUP — Bruneau drills kaolin deposit
Drilling by Bruneau Minerals (ME) has confirmed the presence of a kaolin deposit in De Salaberry Twp., 120 km northwest of Montreal, Que.The deposit lies between a monzonite to the north and a quartzi…
NEWS ROUNDUP — Dynacor to explore James Bay play
Junior Dynacor Mines (ME) plans to undertake a second phase of exploration on its Sakami polymetallic project in the James Bay area of northern Quebec.The 50-sq.-km property contains a uranium deposit…
DIAMOND NEWS ROUNDUP — Ashton intensifies work on Noront No. 1 property
A 2,300-line-km airborne geophysical survey is planned by Ashton Mining of Canada (TSE) on the Noront No. 1 property 40 km southwest of a diamond discovery announced by Mountain Province Mining (VSE)….
NEWS ROUNDUP — Exploration work for Keeley Frontier
Exploration work is planned for the Keeley Frontier property near Cobalt, Ont., Transway Capital (CDN) reports.The program, consisting of geophysical surveys (spectral induced-polarization, magnetomet…
Hemlo expects growth from project portfolio
First-quarter production from Hemlo Gold’s (TSE) two Canadian gold producers was higher than anticipated, and overall production is expected to expand further.Hemlo’s wholly owned Golden Giant mine ne…
Murgor drilling continues
More assay results were released by Murgor Resources (VSE) from drilling on its gold property in Quebec’s Barry Twp.The junior reported results from seven holes of its second-phase, 8-hole program. Al…