METAL PRICES — FREE MARKET (October 02, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateSept. 26 Sept. 25Sept. 22Sept. 21Sept. 20Copper2946-2950 2935-29372924-29282942-29472910-2914Lead593.5-594.5 590-591596-597 602….
1995
Romarco sets its sights on Battle Mountain Trend
It has long been said that the best place to find a new mine is in the vicinity of an existing or past-producing one. Romarco Minerals (CDN) hopes to prove the adage correct by carrying out several ex…
BYG advances Mount Nansen
Results from summer drilling by BYG Natural Resources (TSE) suggest that the former-producing Mount Nansen mine in the central Yukon has increased potential at depth.BYG has concentrated its activity …
Conference highlights vast mineral potential of S.E. Asia
The combination of rapid economic growth and expanding mineral production in Southeast Asia will result in an economic event the world has not seen since the Industrial Revolution, according to the co…
Shaft-deepening ensures longer life for Agnico-Eagle’s LaRonde division
With stope development advancing considerably and a new headframe recently installed, Agnico-Eagle Mines (TSE) is well-poised to prolong the life of its LaRonde mine well into the next century. When i…
Kennecott unveils new smelter
As a demonstration of its commitment to environmental protection, Kennecott recently unveiled what it describes as the most advanced copper smelter in the world.The new US$880-million facility will se…
Reserves triple at Cambior’s Granja deposit
Proven and probable reserves at Peru’s La Granja copper project have increased, following completion of a 100-hole, 36,000-metre drill program.In March, 1994, when Cambior (TSE) signed an option to ac…
Bresea to gain stake in Sangihe gold project
Bresea Resources (ME) can earn a 30% interest in an Indonesian copper-gold project belonging to affiliated company Bre-X Minerals (ASE).The Sangihe property consists of two blocks of ground; one compr…
LABRADOR NEWS ROUNDUP — Northern Abitibi finds anomalies
Preliminary results from airborne surveys of the Northern Abitibi Mining (ASE) properties in the Voisey Bay area of Labrador reveal the presence of 30 anomalies on the first three properties flown.On …
PEOPLE — INT’L PANORAMA (October 02, 1995)
Ian Gray appointed director.
New gold zones found at Meliadine
Drill results from the Meliadine West project near Rankin Inlet, N.W.T., reveal the presence of two new gold zones. WMC International drilled 23,500 ft. in a 33-hole program. The Australian-based majo…
EDITORIAL PAGE — A prescription for growth
While doctors are well known for their interest in mining investments, few ever venture into the operations theatre. But a group of Canadian doctors believes it has just the right prescription for dev…