Carlin output adds up for Newmont Mining
New York-listed Newmont Mining posted another profitable quarter on the strength of more than half a million ounces of gold produced.The company’s gold mining division, Newmont Gold (NYSE), earned US$…
1995
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…
LABRADOR NEWS ROUNDUP — Columbia Yukon mobilizes rig
With a drill permit now in hand, Columbia Yukon Resources (ASE) has mobilized a drill rig to its ML 1506 ground in the Alliger Lake area north of Voisey Bay, Labrador.The company plans to test several…
METAL PRICES — FREE MARKET (November 13, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateNov. 7 Nov. 6Nov. 3 Nov. 2 Nov. 1Copper3015-3020 2995-30002947-29522995-30002945-2950Lead681-683 680-681694-696 710-711 703-7…
Queenstake plans acquisition to expand Latin American holdings
The planned acquisition of a Cayman Island corporation will significantly expand the Latin American holdings of Queenstake Resources (TSE).The company will acquire the shares of Intercontinental Resou…
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…
EDITORIAL PAGE — Privatization gains momentum
State mining is still alive in the western world, but privatization is gaining momentum. And that, in a nutshell, was the message delivered by Magnus Ericsson of the Swedish-based Raw Materials Group …
SX-EW process changes copper industry
Changes are taking place in the copper industry with the emergence of solvent extraction-electrowinning (SX-EW) processing, a technique which allows companies to produce cathode copper at the mine sit…
GREATEST VALUE TRADED, NOV. 1-7 (November 13, 1995)
Value($000s)HighLowCloseChange co Ltd T257341$46 5/844 3/446 5/8+3/8Placer Dome T165452$32 7/829 1/832 1/2+3Barrick Gold T137851$34 1/430 7/833 7/8+2 5/8BRE-X Mnrl A73003$5…
LABRADOR NEWS ROUNDUP — Okak drilling cuts stringers
Drilling is continuing at the Okak property in Labrador.United Compass Resources (VSE) and Castle Rock Explorations (VSE), which are each earning a 35% interest in the property, report that the first …
Kenrich drills Corey gold property
Drilling on the Corey property in the Eskay Creek area of northwestern British Columbia is returning gold values for Kenrich Mining (VSE).Drilling has concentrated on the T.V. zone, a highly altered r…