News

The Royal Canadian Mint has launched the 1996 $200 gold coin, commemorating the transcontinental railroad.Valued at $414.95, the 22-carat coin honors the railway’s contribution to the formation of the…

Still drilling along the strike of its gold discovery in Thornloe Twp., west of Timmins, Ont., Band-Ore Resources (CDN) has intersected gold mineralization in four more drill holes.Two holes — TH96-1…

The Royal Ontario Museum in Toronto will host the Italian Renaissance-inspired gold and jewelry designs of the late Mario Buccellati and his son Gianmaria, beginning July 20.The exhibit, “Art of the G…

New York-listed Coeur d’Alene Mines has increased the cash component of its offer to Gasgoyne Gold Mines.The offer to the Australian-listed company now stands at seven shares of Coeur plus A$96 for ev…

Montreal-listed Altavista Mines has obtained an option from Soquem, Quebec’s publicly owned mining company, to acquire a half interest in the 201-claim Quenonisca gold property.Situated in northern Qu…

An option agreement with Copper Range, an 80%-owned subsidiary of Inmet Mining (TSE), gives Bitterroot Resources (VSE) the right to explore more than 100 sq. miles in Michigan’s Keweenaw Peninsula.In …

SEMOS, the operating company for the Sadiola Hill gold project in western Mali, has engaged South African contractor Moolman Brothers to provide mining services when the open-pit project enters produc…

Directors of Arequipa Resources (TSE) exercised options and sold shares during the early part of the year, according to the Ontario Securities Commission’s record of insider trading.Catherine McLeod, …

=1996= April 9 April 8 April 5 April 4 April 3 High LowComposite 300″ 5007.29 5004.02 N/A 5016.35 5021.47 5066.79 3983.34Mtals & MinrlS 5341.88 5279.07 N/A 5288.70 5282.31 5463.82 3273.56Integrated…

Operations at the Kassandra mine complex in Greece are up and running, following a comprehensive refurbishment program.TVX Gold (TSE) purchased the suspended base-metal operation in December 1995 and …

Phelps Dodge (NYSE) and Canyon Resources (NASDAQ) have completed permit applications for the McDonald gold project near Lincoln, Mont.Permits could be issued by mid-to-late 1997, once an environmental…

A co-operative project involving the Canada Centre for Mineral and Energy Technology (Canmet), the province of Ontario and the township of Red Lake offers considerable promise for maintaining the safe…