EDITORIAL PAGE — Mining in the new South Africa
Mining is a cornerstone of the economy of South Africa, so it is not surprising that diverse interest groups within the democratically governed country are debating the formulation of a national minin…
1995
FACTS & FIGURES — Gold use in coinage shows worldwide decline in 1995
The worldwide use of gold in coinage dropped 50% in 1994, down to 2.5 million oz. from 5 million oz. in 1993, according to Modern Gold Coinage 1994, an annual report released by The Gold Institute.Bas…
Index (November 13, 1995)
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First Dynasty moves into Irian Jaya
With a new acquisition, First Dynasty Mines (TSE) has moved to an enviable address: next door to the renowned Grasberg and Ertsberg copper-gold deposits in the Indonesian region of Irian Jaya.The Mini…
Spot prices at a glance (November 13, 1995)
Wednesday, November 8, 1995Week’s Price (US)ChangeGold*$384.70+$2.20Silver*$ 5.38+$0.05Platinum*$414.25+$5.25Nickel**$ 3.84-$0.12Lead**$ 0.30-$0.02Copper $ 1.35+$0.04Zinca$ 0…
Conversion of Weights and Measures (November 13, 1995)
1 troy ounce = 31.1 grams1 kilogram = 32.15 troy ounces1 kilogram = 2.2046 pounds1 (metric) tonne = 1,000 kilograms1 (metric) tonne = 2,204.6 pounds1 (short) ton = 2,000 pounds1 (metric) t…
St. Genevieve ready to go at Capcapo
Now that due-diligence investigations on the Capcapo property are complete, St. Genevieve Resources (TSE)is planning an exploration program for the Philippines property.St. Genevieve has budgeted US$1…
Armada’s ship ready to sail
.SCHITA, Russia To the casual observer, the Siberian landscape may appear bleak and barren, without much to offer. But this view is not shared by Armada Gold (ASE), which believes that the land packag…
Strong gold assays help Santa Elina in Brazil
Consistent gold mineralization at depth is evident from drill results reported by Santa Elina Gold (TSE) at its Fazenda Nova property in Brazil.Since March, the company has drilled 38 diamond drill ho…
Imperial revises Mount Polley reserves
The Mount Polley gold-copper project in central British Columbia, 56 km northeast of Williams Lake, is being readied for a scheduled construction start-up in the spring of 1996.As part of a due-dilige…
LABRADOR NEWS ROUNDUP — Cartaway almost blown away
Labrador’s infamous winter weather has dealt a delay to Cartaway Container (VSE).High winds on the wholly owned Cirque property south of Okak Bay, Labrador, forced the company to move its camp to a mo…
Britannia options Exall project
An agreement has been signed by Exall Resources (TSE) and Britannia Gold (VSE) for a joint venture on the Santo Tomas copper project in Sinaloa state, Mexico.Under the agreement, Britannia will assume…