News

Partners drill Cuban project

Drilling is set to begin at the Golden Hill project in eastern Cuba.Partners MacDonald Mines Exploration (ASE), Golden Hill Mining (CDN) and Cuban state-owned GeoMinera report that the 22,000-ft. prog…




Production starts at Redstone mine

The first deliveries of nickel ore from the Redstone mine were recently shipped, and owner Black Hawk Mining (TSE) is planning annual production of 5 million lb. nickel.Reserves at Redstone, 22 km sou…



Demand for yellow metal gained strength in ’95

The first nine months of this year have been good ones for the worldwide gold industry.The latest issue of Gold Demand Trends, published by the World Gold Council, shows that the amount of gold consum…



Metal Prices — FREE MARKET (November 27, 1995)

London Metal ExchangeSpot closing prices in $US per tonneDateNov. 21 Nov. 20Nov. 17 Nov. 16 Nov. 15Copper2981-2986 3003-30052990-29952935-29402955-2960Lead732-733 726-730 722-724 690-692…


Corrections (November 27, 1995)

Incorrect information appeared in the Insider Trading column of our Nov. 20 issue. The reference to TVI Pacific director Clifford James should have read that he was granted 300,000 options at 94 cents…


Meetings (November 27, 1995)

MEETINGSDec. 4, Banff Dec. 4, Glen AudenDec. 4, Rangeland Dec. 4, Rosebay Dec. 4, Shakwak COMING EVENTSDec. 5-8 Northwest Mining Association — “Int’l Convention & Exposition.” Spokane Hotel, Spokane,…


Manitoba cheers New Britannia opening

Second-hand hoists, second-hand mill. The New Britannia mine, which officially opens this week, has both. Scouring the mining industry’s garage sales for bargains is one way to keep capital costs down…


Ditem intersects zinc occurrence

Ditem Explorations (ME) has intersected significant zinc mineralization at its Hemmingford property, 60 km south of Montreal, Que.The discovery was made on the northern portion of a north-south-trendi…


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