News

Index (May 27, 1996)

REGULAR DEPARTMENTSCareersClassified AdvertisingDiamond NewsDiamond DrillersDividendEditorialsLetter to the EditorMetal PricesMetals CommentaryOdds ‘n’ SodsPeopleProfessional DirectoryStock MarketsSub…


BOOK REVIEW — Book explores world diamond market

Three prominent international mining writers have produced New Frontiers in Diamonds, a book that analyzes the world diamond industry and the dramatic changes expected to take place in the next centur…


Companies (May 27, 1996)

INDEXAber ResourcesAcabit Expl.Adex MiningAdola GoldAfriOreAltai ResourcesAnglo AmericanArequipa Res.AsarcoAshanti GldfldsAshtn Mg of CdaAshton MiningAsia PacificAurizon MinesBaja GoldBand Ore Res.Ba…


Anglo, Pangea outline resource at Kahama

The Lake Victoria greenstone belts continue to reward exploration efforts, most recently at the Kahama property of Pangea Goldfields (TSE), under option to Anglo American.A reverse-circulation program…


ODDS’N’SODS — Tipped off

George “Gus” McManus was responsible for staking many of the gold deposits in the Red Lake area of Ontario during the early years of mining development in that district.McManus was prospecting for sil…



METAL PRICES — FREE MARKET (May 27, 1996)

London Metal Exchange.Spot closing prices in $US per tonne.DateMay 21 May 20May 17 May 16 May 15.Copper2510-2515 2472-24772570-25752740-27452750-2755.Lead835-836 831-832841-843 852-853 845.5-…



PEOPLE — BREN-MAR RES.

A. Beaton appointed officer and vice-president of mining; Hans Schwabl and Bruce Purcell appointed directors.


Spot prices at a glance (May 27, 1996)

Wednesday, May 22, 1996Week’s Price (US)ChangeGold*$391.00-$0.85.Silver*$ 5.29-$0.11.Platinum*$397.25-$5.00.Nickel**$ 3.51-$0.13.Lead**$ 0.380.00.Copper$ 1.11-$0.13.Zinc$ 0.4…


EDITORIAL PAGE — WMI: A progress report

“A perfect agreement meant for a perfect world” is how one Canadian mining executive described the Whitehorse Mining Initiative (WMI) after it was signed in 1994.The agreement defined a vision of a so…


Coal, trona output on rise in Wyoming

Wyoming’s production of coal and trona increased in 1995, according to figures released by the state’s geological survey. Trona, or soda ash, is a widely used industrial chemical. Trona increased to 1…


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