Dakota reports drill results at Stibnite
Results from drilling carried out in autumn, 1995, at the Stibnite gold mine in Idaho are sufficiently encouraging that follow-up drilling is planned.Dakota Mining (TSE) drilled 24 reverse-circulation…
News
Coeur d’Alene to build Alaskan mine
Coeur d’Alene Mines and a consortium of native groups have entered an agreement to construct and operate the Kensington gold mine in southeast Alaska.The three native corporations, Goldbelt, Kake Trib…
Correction (February 26, 1996)
A preliminary resource estimate for the main prospect on the Kubi concession in Ghana, 90% of which is held by Nevsun Resources (VSE), is projected at 500,000 contained ounces, not 1.5 million oz. as …
Da Capo expands Bolivian holdings
Consistent with its efforts to develop bulk-tonnage gold projects in Bolivia, Da Capo Resources (VSE) has acquired a 49% interest in the San Gerardo property.Teck (TSE) is funding drilling under an ag…
Index (February 26, 1996)
REGUALR DEPTCareersClassified AdvertisingCommentaryDiamond DrillersEditorialsMetal PricesMetals MarketOdds `n’ SodsPeopleProfessional DirectoryStock MarketsSubscriber ServiceThe Northern Mi…
Cresson mine to be re-evaluated
The U.S. federal government is calling for a re-evaluation of water quality standards at the Cresson gold mine in east-central Colorado. The Environmental Protection Agency (EPA) has told Colorado sta…
Yamana continues drilling targets at the Microonda gold property
Drilling is continuing at the Microonda epithermal gold property in Santa Cruz, Argentina.Yamana Resources (TSE) has completed reverse-circulation drilling totalling 6,560 metres and has tested five o…
Spot prices at a glance (February 26, 1996)
Wednesday, Febuary 21, 1996Week’sPrice (US)ChangeGold*$398.50-$5.40Silver*$ 5.55-$0.14Platinum*$417.50-$4.00Nickel**$ 3.73+$0.05Lead**$ 0.36+$0.02Copper $ 1.13-$0.01Zinca$ 0….
Metal Prices — FREE MARKET (February 26, 1996)
London Metal ExchangeSpot closing prices in $US per tonneDateFeb. 20 Feb. 19Feb. 16Feb. 15Feb. 14Copper2506-2509 2508-25102491-24942519-25222504-2507Lead772-774 769-770773-775771-772…
Armada raises funds for Baley study
Armada Gold (ASE) has completed equity financing worth $10 million in order to fund a feasibility study at the Baley open-pit gold project in eastern Siberia.Each unit consists of one class A common s…
Companies (February 26, 1996)
INDEXAber ResourcesAkiko GoldAntares M’gAranlee Res.Armada GoldAsarcoAtapa Min.Auriginor Expl.Band-OreBarrick Res.Battle Mtn GldBirim GldfldsBlack Hawk M’gBre-X MineralsBren-Mar Res.Bri…
NovaGold expands Maritime holdings
With the staking of 65 claims adjacent to its Sewell Brook base metal property in New Brunswick, NovaGold Resources (TSE) has increased its total holdings in the area to 247 claims.The company made it…