VenCan moves into central Honduras
Junior VenCan Gold (VCG-M) has acquired an exploration concession, featuring several old workings, near the mining town of El Rosario in central Honduras.This month, VenCan will map and sample the Opo…
News
ODDS’N’SODS — This gun for hire
The Aunor gold mine, situated four miles from Timmins, Ont., and nestled between two medium-sized producing mines, attracted many job applicants when the 600-ton-per-day mill started up in January 194…
DIAMOND PAGE — Archangel reports more results from Russia
At the Verkhotina diamond project in northwestern Russia, Archangel Diamond (AAD-V) is carrying out delineation drilling on the newly discovered kimberlite pipe 441.The first hole of the evaluation pr…
GREATEST VALUE TRADED, June 26-July 2
ExchgValue($000s)HighLowCloseChangeBRE-X MnrlsT10…
Producer Prices (July 08, 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$3.54 per lb. (June 28, 1996).CADMIUM: C…
COMMENTARY — Tumbler Ridge does its bit
The author is mayor of the district of Tumbler Ridge, B.C. This letter was sent to every mayor in British Columbia in support of that province’s Mining Week, which ran May 13-19. At the request of Kee…
Metal Prices — FREE MARKET (July 08, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateJuly 2July 1June 28June 27June 26…
Partners firm up Crow-Rea play
The Crow-Rea molybdenum property in the Okanagan area of British Columbia is returning some high-grade numbers for partners Molycor Gold (MOR-V) and Verdstone Gold (VGC-V).Recent diamond drill results…
STOCK MARKETS — Dog days come early to Toronto
The Toronto Stock Exchange finished the report period ended July 2 fractionally lower, following a week of light trading and sluggish price moves. The TSE 300 composite index was down 8.09 points to 5…
Virginia drills at Ungava Peninsula
Drilling is under way on the Kogaluk permit on Quebec’s Ungava Peninsula, reports Virginia Gold Mines (VIA-M).As part of a joint venture with Cominco (CLT-T) and Quebec Crown-owned Soquem, Virginia is…
USMX sells royalty in Montana Tunnels
In an effort to raise funds for its Illinois Creek gold project in Alaska, USMX (USM-T) will sell its royalty interest in another project.The company will sell its 5% royalty interest at the Montana T…
Cyprus and Amax sign Russian deal
Cyprus Amax Minerals (CYM-N) and Amax Gold (AU-N) have formed a joint venture with several Russian groups to develop the Vorontsovka gold deposit, on the eastern flank of the Ural Mountains.Cyprus and…