GREATEST VALUE TRADED, August 7-August 13
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News
Toronto Stock Exchange Indices (August 19, 1996)
1996Aug 13Aug 12Aug 9Aug 8Aug 7HighLowComposite”3…
Epworth results in hand
Results were released by Rhonda Mining (RDM-A) for two targets drilled earlier this year by a unit of Noranda (NOR-T) at their 50-50 joint-venture Epworth project, 90 miles south of Coppermine, N.W.T….
LETTER TO THE EDITOR — Assay results and VSE regulations
In your editorial “Scams and scoundrels” (T.N.M., June 24/96), you classify laboratories into two categories: There are fraudulent labs and there are Canadian labs.There is a third category of laborat…
NEW HORIZONS — Hunting for meteorites
Countless meteorites have fallen throughout history, but fossilized meteorites, which fell millions of years ago and have been preserved in sedimentary rocks, are quite rare.Upon impact with the earth…
Copper price slump lands Gibraltar in the red
Low copper prices took their toll on Gibraltar Mines (GBM-T) during the first half of the year.The company reported a net loss of $340,000, compared with earnings of $2.3 million in the same period in…
PEOPLE — INSULAR EXPL. (August 12, 1996)
Jamie Macintosh appointed president and director; Randy Martin appointed director.
PEOPLE — IDAHO CONS. METALS
Geddes Webster appointed director.
PEOPLE — HOMESTAKE MINING (August 12, 1996)
Jack Thompson elected president and chief executive officer.
Ontario mines ministry to host workshop on protection of bats
A workshop sponsored by the Ontario Ministry of Northern Development and Mines (MNDM) will provide insight into the need to protect bats during mine closure.It is estimated that more than half of the …
Agreement signed for New Burgin
Chief Consolidated Mining (CFCM-Q), Akiko Gold Resources (AKI-V) and a U.S.subsidiary of Korea Zinc have formed a joint venture to develop the New Burgin deposit in Utah.The deal transfers a half inte…
Rio announces modifications to Argentine copper-gold project
With construction 40% complete, the Bajo de la Alumbrera project in western Argentina is about to undergo some changes.Operator Minera Alumbrera plans to install a gravity circuit designed to recover …