PEOPLE — ARLINGTON VENTURES
Kim Phillips appointed director.
News
PEOPLE — ANTHIAN (September 09, 1996)
Hauke Andresen appointed vice-president of European finance.
LITERATURE REVIEW SPECIAL — Battle Mountain and Normandy eye Vera-Nancy gold mine
Equal partners Battle Mountain Gold (BMG-N) and Normandy Mining intend to develop the Vera-Nancy project near the Pajingo complex in Queensland, Australia.The projected capital cost of US$40 million i…
PEOPLE — CALLIOPE METALS (September 09, 1996)
Peter Matheson appointed president; Craig Burton and Peter Lloyd appointed directors.
Drilling expands Cerro Casale gold-copper deposit
Deep drilling at the Aldebaran property in northern Chile has expanded the width of the low-grade Cerro Casale gold-copper porphyry deposit.The main porphyry zone was previously estimated by partners …
Spot prices at a glance (September 09, 1996)
Wednesday, September 4, 1996Price (US)Week’s ChangeGold*$385.95- $2.70Silver*$ 5.1…
Nevsun drilling expands potential of Kubi
Drilling carried out on the Kubi prospect in Ghana, 90%-owned by Nevsun Resources (NSU-T), has extended the strike length of known mineralization to 1.8 km and increased the potential for ore-grade mi…
Noranda curtails output of zinc at Brunswick mine
Noranda Mining & Exploration, an affiliate of Noranda, has announced that production at its Brunswick Mining division in New Brunswick will be reduced for the remainder of the year.Seismic activity at…
Kinross and Pentland gain Falconbridge ground
A deal valued at $1.9 million will enable Kinross Gold (K-T) and its affiliate, Pentland Firth Ventures (PFO-T), to take over several gold properties in Ontario and Quebec from Falconbridge (FL-T).The…
Abacus expands Lookout zone at Niblack
Drilling on the Lookout zone at the Niblack project in southeastern Alaska has intersected up to three massive sulphide horizons over a strike length of 900 ft.Abacus Minerals (AMC-V) reports that fou…
Guyana Gold sells stake in Sabi
The battle for the Sabi gold mine appears to be over, with the government of Zimbabwe buying the 55% interest held by Guyana Gold (GUY-T) for $11 million.Under the agreement, the state-owned Zimbabwe …
Rio, UBC establish Colin Spence memorial fund
Rio Algom Exploration has set up a scholarship fund in honor of geologist Colin Spence, who was killed recently in the Philippines.Mr. Spence was part of a team of geologists inspecting a gold mine 20…