PRODUCER PRICES (May 06, 1996)
ALUMINIUM: MW U.S. market US74-75 cents per lb. (April 26, 1996).ANTIMONY: MW New York dealer US$1.80-$1.90 per lb. (April 26, 1996).BISMUTH: MW New York dealer US$3.80-3.95 per lb. (April 26, 1996).C…
News
Sutton recalculates Kabanga resource
A revised calculation has improved the resource at Sutton Resources’ (VSE) Kabanga nickel project in Tanzania.Using a nickel cutoff grade of 0.7% and the results of a recent drill program, the resourc…
Production set for April 1998 — Royal Oak prepares for Kemess construction
Following the recent resolution of certain permitting matters, Royal Oak Mines (TSE) is free to proceed with construction of the Kemess gold-copper project in British Columbia.The Project Approval Cer…
Arequipa Res. advances tunnels at Pierina
A tunnel driven by Arequipa Resources (TSE) into a hillside at the Pierina gold project in north-central Peru has returned a consistent grade of 4.78 grams gold and 154 grams silver per tonne over a l…
PEOPLE — CONT’L CARETECH
Matthew Blecha appointed vice-president of exploration.
TSE INDICES (May 06, 1996)
1996 Apr. 30 Apr.29 Apr. 26 Apr. 25 Apr. 24HighLowComposite”300″5146.475152.385147.765132.095116.315154.323983.34Metals&Minerals 5493.105542.135526.275476.125461.305552.883273.56Integra…
PEOPLE — BAND-ORE (May 06, 1996)
Thor Eaton and Philip Orsino appointed directors.
Golden Star moves into Eritrea
In an agreement with the East African nation of Eritrea, Golden Star Resources (TSE) and its 60%-owned subsidiary, Pan African Resources (CDN), have acquired an exploration licence covering the Galla …
CIM pays homage to legendary editor of The Northern Miner
For his 43 years of reporting at The Northern Miner, M.R. (Mort) Brown will receive a lifetime achievement award.The presentation will be made at the Journalism Awards ceremony during the annual gener…
Juniors flock to site of recent Band-Ore find
Band-Ore Resources’ (CDN) gold discovery in Thorneloe Twp., west of Timmins, Ont., has junior companies taking notice of the potential for mineralization in pyritic quartz-sericite schist occurrences …
Strike closes TVX’s Casa Berardi mine
Production at TVX Gold’s Casa Berardi gold mine in northwestern Quebec has been halted following a walkout by 220 employees.Members of Casa Berardi Syndicat des Metallos d’Amerique union rejected the …
PEOPLE — BYG NATURAL RES. (May 06, 1996)
Michael Ross appointed director.