News

PRODUCER PRICES (February 12, 1996)

ALUMINUM: MW U.S. market US72.5 cents-73.5 cents per lb. (Jan. 26, 1996).ANTIMONY: MW New York dealer US$2.00-2.20 per lb. (Dec. 8, 1995).BISMUTH: MW New York dealer US$4.10-4.30 per lb. (Dec. 8, 1995…





PEOPLE — ALL-NORTH

Patrick McCleery appointed chairman and director; Adrian Hobkirk appointed president and director.


Beaver Brook shows potential

Underground work at the Beaver Brook antimony project in central Newfoundland has confirmed the interpretation of surface drilling, showing that there is potential for stronger mineralization.Owner Ro…


Brimstone planning work on Mayflower

Brimstone Gold (VSE) is raising funds to explore the historic Mayflower gold mine project near Whitehall, Mont.A private placement of up to 2 million special warrants at 45 cents each will give the ju…


Franco-Nevada swallows Redstone

Franco-Nevada Mining (TSE) has succeeded in taking over Redstone Resources, its major shareholder.Franco offered Redstone shareholders one Franco-Nevada common share for every 20 Redstone shares held….


Breakwater, Noranda ink deal on zinc property

Noranda Mining & Exploration, a division of Noranda (TSE), has signed a deal with Breakwater Resources (TSE) for a majority share of Breakwater’s Cadieux zinc property.Noranda can earn a 51% stake in …


Gold Reserve ups Brisas Resource

Spokane-based Gold Reserve has increased the geological resource at its Brisas concession in Venezuela’s Kilometre 88 district.The addition of 631,000 oz. gold and 83 million lb. copper brings the tot…


Nuclear waste topic of AECL hearings

Atomic Energy of Canada’s proposals for managing the disposal of nuclear fuel waste will receive public hearings in Ontario in March, April and May.Phase I hearings will take place in Toronto and Pick…


Rates to be discussed at meeting

Discount rates used in mineral project evaluation will be the topic of discussion at the Feb. 22 meeting of the Mineral Economics Society of the Toronto branch of the Canadian Institute of Mining, Met…


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