Eaglecrest awaits Bolivian results
Eaglecrest Explorations (EEL-V) is awaiting results from seven diamond drill holes completed on its Trinidad concessions in northeastern Bolivia.The holes follow a 50-metre grid spacing. They are dril…
News
STOCK MARKETS — Base metal miners still tugging at leash
The Toronto Stock Exchange continued strong in the past week, helped along by the base metal sector. The TSE 300 composite index had four more record-closing levels in the 5-day report period ended No…
Geomaque Exploration builds on its Mexican assets
A modest-sized gold mine in Mexico’s Sonora state is churning out profits for Geomaque Explorations (GEO-T) and, at the same time, providing a base for expansion into new ventures.The San Francisco he…
Operations cease at Faro mine
Mining at the Faro properties in the Yukon has been suspended.Anvil Range Mining (ARO-T) cited production problems, low metal prices and a strengthening Canadian dollar as reasons for the closure. It …
Drills turning at Guadalupe
Drilling has resumed at the Guadalupe de los Reyes epithermal gold-silver project in the northern Mexican state of Sinaloa.Northern Crown Mines (COB-V) is carrying out a 20,000-metre program to develo…
PRODUCER PRICES (November 25, 1996)
ALUMINIUM: LME settlements US$1,413 per tonne (Nov. 19, 1996), alloy US$1,267 per tonne (Nov. 14, 1996).ANTIMONY: Composite free market, US$1,950 per tonne (Nov. 19, 1996).BISMUTH: Composite free mark…
Rea Gold writes down value of Mt. Hamilton gold mine in Nevada
Persistently poor operating results from the NES pits are forcing Rea Gold (REO-T) to write down the value of the Mt. Hamilton gold mine in Nevada.The company will take a third-quarter writedown of $2…
BHP reports find at Taca-Taca play
Australian-owned BHP Minerals reports encouraging results from a drill program aimed at testing a large, coincident, copper-gold anomaly in the middle of the Taca-Taca (Lower) porphyry project in Arge…
PEOPLE –ROCHESTER
D. Campbell, Gary Liu, Ronnie Doman, Victor Erickson and Roger Nickel appointed directors.
Wheaton seeks funds for Golden Bear mine
In an effort to reopen the Golden Bear mine in northwestern British Columbia, Wheaton River Minerals (WRM-T) has retained the services of an independent financial group to assist it in obtaining a loa…
Virginia finds gold showings at Auclair
Junior Virgina Gold Mines (VIA-M) has discovered a new showing, known as “Rock’n Hammer,” at its Auclair property, along the Eastmain River in northern Quebec.The company also reported the discovery o…
Women’s Association marks 75 years in gala celebration
The Women’s Association of the Mining Industry in Canada (WAMIC) recently celebrated its 75th anniversary at Toronto’s King Edward Hotel.Attended by 400 people from all sectors of the mining industry,…