METAL PRICES — FREE MARKET (June 17, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneJune 11June 10June 7June 6June 5…
1996
Companies (June 17, 1996)
INDEXAber ResourcesAcabit Expl.Ambrex MiningAmerican BullionAnglo AmericanAntares MiningAshton Miningg of CanadaBandOre Res.BHP MineralsCamphor VentrsCanmex MineralsChannel Res.Cons MadisonCopperstone…
YGC outlines reserves for Ketza
Yukon explorer YGC Resources (YGC-V) is calculating a reserve for its Grew Creek gold property near Ross River.The company has drilled 18 holes to confirm the minability of the open-pit portion of the…
Mazarin set to produce calcium salt MOST ACTIVE ISSUES, June 5-11
Quebec City-based Mazarin Mining (MAZ-T) is acquiring the patents and technology of the calcium aluminate production process.The process, in which calcium aluminate is recovered from aluminum producti…
Vancouver geologist killed working in Southeast Asia
A Canadian geologist was killed while working in the Philippines.Colin Spence of Vancouver, B.C., died June 4 after gunmen fired on a helicopter carrying him and another geologist. The men, who were c…
Northern Crown drills at Guadalupe, Mexico
Drilling at the Guadalupe de Los Reyes gold project in northern Sinaloa state, Mexico, is nearly half-finished.Using two reverse circulation rigs, Northern Crown Mines (NCW-V) has completed 59 holes i…
PEOPLE — LEVON RES. (June 17, 1996)
Florian Riedl-Riedenstein appointed director.
El Callao cranks up production at Lo Increible
Small-scale mining operations are under way at the Lo Increible project in Venezuela.El Callao Mining (ECM-V) reports it is mining roughly 4,000 tonnes of ore per month from the Victoria deposit for p…
Triton poised for recovery at Limon
Operating problems at the Limon gold mine in Nicaragua took their toll on Triton Mining (TTM-T) in the first quarter.The company lost $1.1 million (or 6 cents per share) on revenue of just under $4.8 …
Canmex plans more drilling for Boleo
Drilling at the Boleo project in Baja California Sur, Mexico, will test the potential extension of a sedimentary-hosted zone of copper-cobalt mineralization.Canmex Minerals (CMX-V) plans to drill eigh…
Britannia rules the mine rescue awards
A mine rescue team from the New Britannia mine in Snow Lake, Man., has won first place at a provincial competition.The team beat out competitors from Hudson Bay Mining & Smelting’s Flin Flon, Leaf Rap…
Copper and nickel output slips as gold edges up
Canada produced an increasing amount of gold between March 1995 and March 1996, but the country’s production of silver, copper and nickel slipped.Production of lead, zinc and salt also increased over …