Western advances Rankin Inlet play
Midway through its summer drill program, WMC International, a wholly owned subsidiary of Australia’s Western Mining, has extended the zone of mineralization on the Meliadine West gold property in the …
News
STOCK MARKETS — Toronto market suffers exhaustion at finish line
The Toronto Stock Exchange was fractionally lower in light trading during the report period ended July 30. Daily volumes were all in the 60-million-share range and the index traded in a narrow 53-poin…
Processing completed at Afridi Lake
Cypango Ventures (CAV-V) and Intertech Minerals (IML-V) are encouraged by results of caustic fusion analysis performed on 711.9 kg of sampled kimberlite from the Afridi Lake property in the Northwest …
GREATEST VALUE TRADED, July 24-30
ExchgValue($000s)HighLowCloseChangeDiamond FldsT1…
ODDS’N’SODS — Ahab of the bush
In 1954, I was working for Inspiration Drilling, and we were carrying out work, for Spanish American Mines, in the Elliot Lake area of Ontario.In those days, we hauled all our garbage to a make-shift …
Western Copper and Thermal merge
The boards of Western Copper Holdings (WTC-T) and Thermal Exploration (THR-A) have approved a merger proposal.The arrangement is expected to expedite financing of the Carmacks copper project in the Yu…
PEOPLE — BATTLE MOUNTAIN GOLD
Karl Elers appointed chairman; Ian Bayer appointed president and director; R. O’Connell appointed executive vice-president of finance and corporate development and chief financial officer; Ian Atkinso…
Tan Range returns promising grades
Drilling at the Kabahelele project in Tanzania has returned respectable gold values for Tan Range Exploration (TNX-A).Hole IDD-1, collared along an east-west-trending structure, returned 3.2 grams gol…
Drilling firms up Fyre Lake play
At the Fyre Lake property in the Finlayson Lake district of southeastern Yukon, Columbia Gold Mines (COB-V) has completed 23 holes in a planned 10,000-metre program.The holes range in depth from 30 to…
Condor Int’l busy in Kalimantan
Partners Condor International Resources (COD-V) and Spire Ventures (SVG-V) are planning another phase of exploration for the Sokan gold project, 100 km south of Sintang in Kalimantan, Indonesia.Follow…
PRODUCER PRICES (July 29, 1996)
ALUMINIUM: LME settlements US$1,462 per tonne (July 23, 1996), alloy US$1,220 per tonne (July 16, 1996).ANTIMONY: Composite free market, US$2,650 per tonne (July 22, 1996).BISMUTH: Composite free mark…
METAL PRICES — FREE MARKET (July 29, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateJuly 23July 22July 19July 18July 17…