Ongoing exploration by SouthernEra Resources (SUF-T) has resulted in the discovery of an enlargement, or “blow,” on the Sugarbird Northern fissure, part of the Klipspringer property in South Africa.Th…
A 10-hole drill program by MacDonald Mines Exploration (MMP.A-A) is testing several geophysical and geochemical anomalies on the Florencia concession in Cuba.MacDonald is currently earning a 49% inter…
Short positions outstanding at October 31, 1996Larger individual positions included: Barrick Gold 9,702,563, up 345,297; Agnico-Eagle 499,743, down 127,300; AJ Perron Gold 323,400: Adex Mining 192,505…
Nuinsco Resources (NWI-T) will issue shares to Western Troy Capital Resources (WRY-A) in exchange for the latter’s 4.9% interest in Nuinsco’s Rainy River property, near Fort Frances, Ont.Subject to th…
ALUMINIUM: LME settlements US$1,435 per tonne (Nov. 12, 1996), alloy US$1,252 per tonne (Nov. 5, 1996).ANTIMONY: Composite free market, US$1,940 per tonne (Nov. 12, 1996).BISMUTH: Composite free marke…
London Metal ExchangeMidday bid-ask prices in $US per tonneDateNov. 12Nov. 11Nov. 8Nov. 7Nov. 6…
In the early 1990s, Canadian mining companies flocked offshore to explore and acquire mineral opportunities that were opening up all over the globe.Chile, Mexico and Venezuela were the early beneficia…
Ongoing exploration by Franc-Or Resources (FOR-T) has resulted in a new gold discovery at the Dagobert-T2 zone in the Haute-Mana property in French Guiana.Through recently completed trenching and prev…
Fred Hewett appointed president and chief executive officer and Donald McLeod appointed chairman.
Emil Leimanis appointed director.
The Vancouver Stock Exchange composite index had a better week than the previous one for the period ending Nov. 6, closing at 1,135.1, up 22.29 points from the last report period. The resource index r…
Atomic Energy of Canada (AECL) and HDRK Mining Research are the joint recipients of the 1996 R&D 100 Award from R&D Magazine for inventing an instrument used to detect loose rock in mines.In tests, th…
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