Rio Narcea starts feasibility at Valle
Denver-based Rio Narcea Gold Mines (TSE) reports that most of the 1.9 million common share purchase warrants issued at the time of the company’s public offering have been exercised.At the time of expi…
News
Royal Oak boosts Timmins resource
A year of drilling by Royal Oak Mines (TSE) has elevated the preliminary resource at the Night Hawk Lake properties to 1.4 million oz. gold.The properties, which cover a 46-sq.-km area straddling the …
Canyon completes financing for Briggs
Canyon Resources (NASDAQ) has received all major permits and secured financing for its Briggs gold mine in southeastern California.The company raised US$44 million to finance mine construction and rec…
P.T. Inco starts mine expansion
Now that an agreement to extend the contract of work has been signed, P.T. International Nickel Indonesia, a 58.7%-owned subsidiary of nickel giant Inco (TSE), will begin a major expansion program des…
Copperstone to resume drilling of Boleo project
Drilling will resume this month at the Boleo copper-cobalt project in Baja California Sur, Mexico.Copperstone Resources (VSE), which is earning an 80% interest from Island-Arc Resources (VSE), plans t…
Spot prices at a glance (January 22, 1996)
Wednesday, January 17, 1996Week’sPrice (US)ChangeGold*$398.90+$2.15Silver*$ 5.49-$0.05Platinum*$419.75+$3.90Nickel**$ 3.54+$0.12Lead**$ 0.32+$0.01Copper $ 1.18$0.00Zinca$ 0.47+$0…
EDITORIAL PAGE — A Superfund model
We’ve said it before, and we’ll say it again: government agencies should stay out of the environmental remediation business, for the simple reason that private interests can do the job better, and at …
Forum to explore land use issues
Land use and entitlement will be the focus of a national forum on resource development and management on First Nation territories, scheduled for April 14-17 in Calgary.The forum, to be chaired by Chie…
OBITUARY — Louis Philip Eckman
Louis Philip (Phil) Eckman, a Winnipeg-born mining engineer, has died. He was 77.Mr. Eckman graduated from geology at the University of Manitoba in 1938 and from mining engineering at Queen’s Universi…
Bre-X says Busang may hold 30 million oz.
Continued drilling by Bre-X Minerals (ASE) on its 90%-owned Southeast zone at the Busang gold project has prompted a company official to speculate the property may hold more gold than originally thoug…
Alaskan conference highlights Klondike
The centenary of the discovery of the Klondike gold fields in the Yukon will be celebrated during the 15th Biennial Conference on Alaskan Mining in Fairbanks.The conference, entitled “Mining in the No…
Index (January 22, 1996)
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