Romarco intensifies Nevada work
Toronto-based Romarco Minerals (CDN) will explore six of its properties in Nevada.The company and its various partners plan to spend more than US$4.2 million this summer, and drills are already turnin…
News
Academics and industry reps to discuss latest developments in mineral separation
The department of mining and metallurgical engineering at McGill University will host a short course on mineral separation systems from May 13 to 16.The course will be divided into several areas, incl…
WSGS to release Big Trails report
The Wyoming State Geological Society (WSGS) has completed a report describing the northern portion of the Big Trails fault system.The system is described as a right-lateral oblique slip fault.Included…
Namco finds more diamonds in Namibia
Bulk sampling off the coast of Namibia is expected to lead to commercial production by early 1997 for Namco (VSE).The average value of diamonds recovered from the Luderitz Bay Grant is US$206 per cara…
OLS picnic aims to attract geodetic professionals
The geodetic committee of the Association of Ontario Land Surveyors has scheduled its second annual picnic for Sept. 28.The event, to be held at the University of Toronto’s Erindale College in Mississ…
GOLD FUNDS (April 15, 1996)
Gold Funds as of April 4, 1996 BGR CentralNet Value $23.88 $6.78Price $18.25 $7.000Discount 23.58% 3.2%Value $183,203,000 $126,695,100…
Minnesota to sell mining leases
The Minnesota Department of Natural Resources has tentatively scheduled the state’s 21st sale of exploration and mining leases for metallic minerals for July or August.The areas under consideration fo…
Alta Gold announces lower year-end reserves
The gold reserves of NASDAQ-listed Alta Gold dropped to 778,000 oz. in 1995 from nearly 1 million oz. the year before. Nevertheless, President Robert Pratt says “the [current] reserves establish a fou…
Meetings (April 15, 1996)
April 15, All-North — annual, generalApril 15, Bonanza Red Lake — annual, specialApril 15, Campbell — annualApril 15, Eldon — annual, generalApril 15, Morgain — annual, general, specialApril 15, …
PRODUCER PRICES (April 15, 1996)
ALUMINUM: MW U.S. market US76-77 cents per lb. (March 22, 1996).ANTIMONY: MW New York dealer US$1.85-2.00 per lb. (Feb. 29, 1996).BISMUTH: MW New York dealer US$3.90-4.05 per lb. (Feb. 29, 1996).CADMI…
General Minerals drills Chilean porphyry system
Drill-testing of a copper-molybdenum porphyry system has wound down at General Minerals’ (TSE) Vizcachitas property, 80 km northeast of Santiago, Chile.In a previous drill program, all five holes enco…
Sutton board thrashes it out over African assets
Engaged in a public battle for control of Sutton Resources (VSE), management has completed a special warrants financing, to the tune of $22 million.Proceeds will be used to develop the Bulyanhulu gold…