Santa Elina eyes gold area
First explored by the Portuguese in the 17th century, the central Brazilian state of Goias boasts a mining history dominated by diamonds, chromium, nickel and titanium. Yet the area has not generally …
1995
NEWS ROUNDUP — Brascade simplifies Westmin interest
Shareholders of Westmin Resources (TSE) will be asked to approve an amalgamation with Westmin Investments, a corporation which will be formed as a wholly owned subsidiary of Brascade Resources. Westmi…
Ecuadorian ups Gaby interest
Changes to a joint-venture agreement provide Ecuadorian Minerals (TSE) with an option on the remaining half interest in the Gaby porphyry gold project. The Vancouver-based junior already holds an opti…
EDITORIAL PAGE — NRC’s `strategic renewal’
Natural Resources Canada Minister Anne McLellan, together with other cabinet ministers, has been busy selling the 1995-96 federal budget. So far, it has been a relatively easy sell, as most Canadians …
ODDS’N’SODS — Not-so-deluxe quarters
I have slept in many strange rooms over the years. However, my sleeping quarters in the mill building at the Granduc mine in British Columbia proved to be an experience to cherish. Development work on…
Monarch Resources takes flight
Having carried out several airborne geophysical surveys, Monarch Resources (TSE) is poised to embark on an exploration effort in the Argentine province of San Juan. The Bermuda-registered company has …
Dakota Mining boosts reserves
Assays from a drill program last fall allowed Dakota Mining (TSE) to increase the oxide reserve at its Gilt Edge gold mine near Deadwood, S.D. The proven and probable figure has expanded by 34%, risin…
Silver supply projected to stay in deficit position
New silver supplies are projected to fall short of fabrication demand again this year, with the deficit narrowing slightly to about 190.4 mil- lion oz. That is the word from research company CPM Group…
Memorial fund honors Jack White
A memorial fund has been set up by Commercial Testing & Engineering Co. of Illinois to honor a longtime employee, Jack White, who died in an airplane crash in 1994. The company has provided the initia…
PEOPLE — MORRISON KNUDSEN MINING GROUP
Steven Chi appointed president.
STOCK MARKETS — TSE rises as Canadian dollar hits 4-month
The recent rally by the Canadian dollar helped inspire investor confidence, which led the Toronto Stock Exchange to post a slight gain during the 5-day report period ended April 11. The composite 300 …
PRODUCER PRICES (April 17, 1995)
ALUMINUM: MW U.S. market US91.25-92.25 cents per lb. (April 7, 1995). ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995). BISMUTH: MW New York dealer US$3.65-3.75 per lb. (April 7, 199…