Campbell boosts earnings, reports record output
In 1995, Campbell Resources (TSE) accomplished a triple feat: it almost doubled its earnings from the previous year; reported record gold production; and increased minable reserves at all its mine pro…
1996
Gold funds (March 04, 1996)
Gold Funds as of Feb 22 BGRCentralNet Value$22.67$6.96Price $18.25$7.125Discount19.49%Premium 2.4%Value$177,237,000$128,957,513…
North Coast drilling porphyry targets
Spring drilling is planned for the three properties owned by Consolidated North Coast Industries (VSE) in the Kemess area of north-central British Columbia.The company acquired the properties by staki…
Novicourt posts healthy profits
The first year of production at the Louvicourt mine in Quebec has generated net earnings of $4.8 million, or 11 cents per share, for Novicourt (TSE) for the last quarter of 1995.For the year, the comp…
Northern Miner
Working in the Kyle Lake diamond property in northeastern Ontario, partners KWG Resources (TSE) and Spider Resources (ASE) have started their new exploration program with a bang.Numerous nodules of ec…
Producer prices (March 04, 1996)
ALUMINUM: MW U.S. market US75.5 cents-76.5 cents per lb. (Feb. 16, 1996).ANTIMONY: MW New York dealer US$1.85-1.95 per lb. (Feb. 23, 1996).BISMUTH: MW New York dealer US$3.95-4.05 per lb. (Feb. 16, 19…
Oroperu Resources starts work at Toro gold prospect in Peru
CDN-listed Oroperu Resources has released early results of its reverse-circulation drill program on the Toro gold project in north-central Peru.The drilling has been applied to areas peripheral to the…
Blue Emerald Res. to buy Timmins area claims
Blue Emerald Resources (VSE) will acquire 47 claims in Price Twp., south of Timmins, Ont. The claims are 2 miles southeast of Band-Ore Resources (CDN) Thornloe Twp. property, where a gold discovery wa…
EDITORIAL PAGE — Canadian mining industry plans strategy for the future
The author, president of the Canadian Institute of Mining, Metallurgy & Petroleum (CIM), has written this column at the request of “Keep Mining In Canada,” a grassroots campaign designed to increase a…
Companies (March 04, 1996)
HomestakeAsia PacificCons North CoastTan RangeRio AlgomSuttonFree Port McMoRanRTZPhelps DodgeNorandaAquiline ResChase ResAzcoCartaway ContPeruvian GoldSilver Ridge ResBarrick GoldAdex MiningAgnico…
Producer prices (February 26, 1996)
ALUMINUM: MW U.S. market US74.5 cents-75.5 cents per lb. (Feb. 9, 1996).ANTIMONY: MW New York dealer US$2.00-2.20 per lb. (Dec. 8, 1995).BISMUTH: MW New York dealer US$4.05-4.30 per lb. (Feb. 2, 1995)…
Antares buys share in Rappa Holdings
Canadian junior Antares Mining & Exploration (TSE) has agreed to buy a 50% equity interest in Rappa Holdings, a South African-based gold producer.Antares will pay $5 million for the interest in Rappa,…