News
Drilling under way at Bear mining claims
A drill program will test the Bear mining claims in the Limonite Creek and Many Bear Creek regions of northern British Columbia.The drilling will test a portion of Hazelton Group volcanics believed to…
PRODUCER PRICES (August 26, 1996)
ALUMINIUM: LME settlements US$1,447.50 per tonne (Aug. 20, 1996), alloy US$1,264 per tonne (Aug. 15, 1996).ANTIMONY: Composite free market, US$2,750 per tonne (Aug. 20, 1996).BISMUTH: Composite free m…
Loma Hierro heads up Holmer’s portfolio
In Cuba, Holmer Gold Mines (HGM-A) is applying its exploration skills not to gold prospects, but to silver.The Loma Hierro silver deposit in Cuba is being pushed to a production decision by both Holme…
INSIDER TRADING — Arequipa directors bought and sold shares in July
Arequipa Resources (AQP-T) was among the mining companies listed as being involved in insider trading for the month of July, as reported by the Ontario Securities Commission.Bickerstaf Holdings, contr…
EDITORIAL PAGE — The best of a bad situation
It is disheartening that the New World gold-copper project has been permanently sidelined by an agreement that will see the mine’s owner, Crown Butte Resources, swap the Montana project for federal la…
Patrician alliance with JCI ends
The “strategic alliance” of Patrician Gold Mines (PXX-A) and South African mining house JCI Ltd. has dissolved.As a result, the Canadian junior is required to repurchase 2 million of its own special w…
PEOPLE — MEGASTAR VENTURES (August 26, 1996)
John James appointed director.
PEOPLE — MADISON ENTERPRISES (August 26, 1996)
Nell Dragovan appointed chairman; Leslie MacConnell and Robert Sibthorpe appointed directors.
Canada proposes tax changes for ammonite producers
The federal government of Canada has announced proposed changes to the income-tax treatment of producers of ammonite gemstones.The changes, which were proposed by Natural Resources Minister Anne McCle…
Drilling on Portuguese property begins
The Grandola joint venture has initiated drilling on the first of four planned holes in a program aimed at testing the central axis of the 3,000-metre-long Porto de Mel gravity anomaly on the Grandola…
METAL PRICES — FREE MARKET (August 26, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateAug. 20Aug. 19Aug. 16Aug. 15Aug. 14…