Ecuadorian resumes drilling Gaby
An increase in the estimated gold resource of the Gaby deposit in Ecuador has prompted Ecuadorian Minerals (TSE) to resume drilling.The estimate more than doubled to 3.5 million oz.More than 10,000 me…
News
Manhattan about to reach producer status as Mexican mine gears up
The next two months will mark a transition for Manhattan Minerals (TSE) as it makes the leap from junior exploration company to junior gold producer.Robert Willis, chairman and chief executive officer…
Harmony drilling shows potential
Initial drill results from the Harmony gold project on the Queen Charlotte Islands, B.C., are confirming the potential for developing high-grade reserves within the known Specogna deposit.Misty Mounta…
Royalstar begins work program at King of Kings gold property
Royalstar Resources (VSE) has begun drilling its King of Kings (formerly Garrison) gold property in southwestern Montana, and early results are encouraging.Hole RK-1, drilled at an angle, encountered …
Voisey’s Bay potential tied to Eastern Deeps
Reserves at Voisey’s Bay continue to grow as fast as speculation about an imminent takeover of the project’s majority owner, Diamond Fields Resources (TSE).Drills are still turning on the main ovoid z…
Hall moves to Elliot Lake
The contents of the Canadian Mining Hall of Fame have been handed over to the mayor of Elliot Lake, Ont., for a temporary stay of three to five years.George Miller, chairman of the Hall of Fame and pr…
Companies (December 18, 1995)
INDEXAgincourtAGX Res.Amlgmtd CanGldArequipaAur ResourcesAuspex GoldAuspex MineralsBand-OreBarrick GoldBell MolybdenumBrascanCaledonia M’gCamecoCanarcCasmynCdn Gldn DrgnChance M’gChesbarCominco…
Facts & Figures — Saskatchewan property assessment to be updated
Assessment and tax policy for Saskatchewan will soon receive its first major overhaul in 30 years.Earlier this month, the provincial government released a report on proposed changes to the property as…
Gold Funds (December 18, 1995)
Gold Funds as of December 7, 1995BGRCentralNet Value$17.66$6.64Price$14.50$6.375Discount17.88%4.0%Value$138,048,000$115,383,038…
Spot prices at a glance (December 18, 1995)
Wednesday, December 13, 1995Week’s Price (US)ChangeGold*$388.10+$0.50Silver*$ 5.16-$0.10Platinum*$413.25-$0.75Nickel**$ 3.69+$0.08Lead**$ 0.33-$0.01Copper$ 1.35 $0.00Zinc$ …
EDITORIAL PAGE — Underground at Carlin
Back in the early 1960s, Newmont Gold made the first gold discovery in the high desert near Elko, Nev. By 1965, the Carlin mill and open-pit mine were operating, and during that year the operation pro…
Insider Trading — Nuinsco insiders opt to cash in
Two insiders with Nuinsco Resources (TSE) sold options or shares of the company during October.According to the Ontario Securities Commission’s OSC Bulletin, Margaret Archibald, a deemed insider, sold…