Eldorado raises exploration funds
Junior Eldorado Gold has completed its merger with exploration affiliate HRC Development and entered into a $91-million financing agreement.A syndicate of underwriters will buy 10 million special warr…
News
COMMENTARY — The power of public opinion
When it comes to mining, government is a big player, and the impact it has on our industry is enormous.Land use, land claims, mineral tenure, taxation and the labor code (to name but a few areas) are …
PEOPLE –PATRICIA MINES
Stephen Mlot appointed president and director; John Hill appointed director.
PEOPLE –PANTERRA MINERALS
James Villegas appointed director.
PEOPLE –PANDORA INDUSTRIES
James Billingsley appointed director.
LETTER TO THE EDITOR — Table mistaken for a Knelson concentrator
The second-page photograph accompanying the story “Joe Mann’s reserves on the rise” (T.N.M., Oct. 7/96) depicts a concentrating table, not a Knelson concentrator. The table is used as a means of upgra…
METAL PRICES — FREE MARKET (November 25, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateNov. 19Nov. 18Nov. 15Nov. 14Nov. 13…
Campbell Res. hits gold in Sonora
Reverse-circulation drilling has intersected gold mineralization at two prospects at the Santa Gertrudis property in Mexico’s Sonora state, as Campbell Resources (CCH-T) continues its effort to build …
Viceroy pours gold at Brewery Creek
Brewery Creek, the largest lode gold mine ever built in the Yukon, has poured its first dore bar.Owner Viceroy Resource reports that the pour consisted of 1,320 oz. of 80% gold.Situated 58 km east of …
Radisson finds free gold at O’Brien
Surface exploration by Radisson Mining Resources (RDS-M) has confirmed a zone of at least three quartz veins containing free gold at the past-producing O’Brien gold mine in the Abitibi region of Quebe…
Corrections (November 25, 1996)
World nonferrous exploration spending rose to $3.5 billion in 1996.Incorrect information appeared in our Nov. 4 issue.
Eastmain drills in Timmins district
A 2,500-metre drill program is under way at the Akweskwa gold project near Timmins, Ont., reports operator Eastmain Resources (ER-T).The property hosts gold and zinc mineralization in rocks believed t…