Copperstone to resume drilling of Boleo project
Drilling will resume this month at the Boleo copper-cobalt project in Baja California Sur, Mexico.Copperstone Resources (VSE), which is earning an 80% interest from Island-Arc Resources (VSE), plans t…
1996
Spot prices at a glance (January 22, 1996)
Wednesday, January 17, 1996Week’sPrice (US)ChangeGold*$398.90+$2.15Silver*$ 5.49-$0.05Platinum*$419.75+$3.90Nickel**$ 3.54+$0.12Lead**$ 0.32+$0.01Copper $ 1.18$0.00Zinca$ 0.47+$0…
EDITORIAL PAGE — A Superfund model
We’ve said it before, and we’ll say it again: government agencies should stay out of the environmental remediation business, for the simple reason that private interests can do the job better, and at …
Index (January 22, 1996)
REGULAR DEPARTMENTSCareersClassified AdvertisingCommentaryDiamond DrillersDiamond NewsEditorialsInsider TradingInvestment CommentaryMetal PricesObituaryOdds `n’ SodsProfessional DirectoryStock Markets…
Barrick to finance Yamana’s Indonesian acquisition
With several projects well under way in Argentina, Yamana Resources (TSE) has shifted its focus 6,000 miles to the east and acquired ground in Indonesia.The junior was awarded the first right to acqui…
Caldera keeps up kimberlite quest
No kimberlite has been found in early drill results from the Abminga diamond project in South Australia.The project is a joint venture between Montreal-listed Caldera Resources (formerly Bishop Resour…
Newhawk selling Bruceside interest
A decision to focus on North American precious metal properties in areas with existing infrastructures has prompted Newhawk Gold Mines (TSE) to seek a buyer for its 60% interest in the Bruceside prope…
Minto Explorations on fast track to production in the Yukon
A positive feasibility study on the Minto copper-gold-silver project in the Yukon estimates yearly copper output at 27 million lb. at a cash cost of US57 cents per lb. net of gold and silver credits.O…
Final feasibility proves up Tulsequah Chief
A final feasibility study of the Tulsequah Chief property in northwestern British Columbia has confirmed results of a previous study.Redfern Resources (TSE) plans to develop a 2,700-ton-per-day mining…
INVESTMENT COMMENTARY — Interest in senior Canadian gold producers remains high
Over the past two years, the price of gold has hovered narrowly between US$375 to US$395 per oz. And yet investors remain keenly interested in senior Canadian gold-producing companies, some of which h…
Commission sets standards for reopening of Omai gold mine
The Guyanese government’s Commission of Enquiry into last summer’s effluent spill at the Omai gold mine has called for several modifications to the tailings dam. It has also recommended a regular prog…
Ayrex Resources unveils plan to reorganize
A planned reorganization would see Ayrex Resources (ASE) acquire exploration interests in Newfoundland and Labrador, and trade its present oil and mining interests for shares in parent Tandem Resource…