Miners head back to work at Doyon
Mining operations at Cambior’s Doyon gold mine, near Rouyn-Noranda, Que., have resumed, following negotiations with workers there.Talks held with the United Steelworkers of America resulted in the ren…
News
Toronto Stock Exchange Indices (July 15, 1996)
1996July 9July 8July 5July 4July 3HighLowComposit…
Nelson, Tajikistan reach agreement
The government of Tajikistan and Nelson Gold (NLG-T) have reached an agreement on the gold sales, royalties and taxes related to Nelson’s operations in the country.Production from Nelson’s 49%-owned Z…
NEWS IN BRIEF (July 15, 1996)
Consolidated Madison Holdings (KAD-V) and Future Avenir (FAVC.A-V) (FAVC.B-V) have amalgamated to form Ourominas Minerals (OMI-V). Consolidated Madison shareholders receive 0.6 new shares for one old …
BOOK BRIEF
The Canadian Institute of Mining, Metallurgy & Petroleum (CIM) has published a comprehensive reference on porphyry deposits of the northwestern Cordillera.Entitled Porphyry Deposits of the Northwester…
PRODUCER PRICES (July 15, 1996)
ALUMINIUM: LME settlement US$1,471 per tonne (July 3, 1996).ANTIMONY: Composite free market, US$2,875 per tonne (July 2, 1996).BISMUTH: Composite free market US$3.50 per lb. (July 1, 1996).CADMIUM: Co…
Tiomin advances Panamanian prospect
Drilling and construction by a team of more than 100 workers is under way at the Cerro Colorado copper deposit in Panama, reports property owner Tiomin Resources (TIO-T).By mid-August, Tiomin will be …
Spot prices at a glance (July 15, 1996)
Wednesday, July 10, 1996Price (US)Week’s ChangeGold*$383.40+ $0.90Silver*$ 5.12…
GSA publishes diamond report
The Geological Survey of Alberta has published the results of a study into the potential for diamond-bearing deposits in that province.Entitled The Diamond Potential of Alberta, the report includes: g…
METAL PRICES — FREE MARKET (July 15, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateJuly 9July 8July 5July 4July 3…
LETTER TO THE EDITOR — Instability abroad threatens Canadian workers
Your obituary for Colin Spence does a disservice to our industry by not mentioning the cause of his death. I understand that he was shot in the leg while riding in a helicopter in the Philippines, and…
Centurion expands OK copper mine
Results from development drilling at the OK copper mine in Utah have increased proven and probable reserves to 5.3 million tons grading 0.48% copper.The property, owned by Centurion Mines (CTMC-Q) and…