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…
News
DIAMOND NEWS ROUNDUP — TNK reclassifies Botswanan property as diamond resource
Following a review of work completed by DeBeers Cosolidated Mines in the 1970s, Midswana Diamond Exploration has removed the Middlepits property in Botswana from the exploration category and tagged it…
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…
United Reef to explore in CAR
The government of the Central African Republic (CAR) has granted United Reef (TSE) the right to explore the historic Roandji gold deposits.The deposits, which lie 460 km northeast of the capital city …
Grade A copper rolls out of Sanyati
Reunion Mining, 28.6% of which is owned by Caledonia Mining (TSE), has begun cranking out the red metal at its Sanyati mine in Zimbabwe.Full capacity of 15 tonnes copper per day is expected to be reac…
Westmin and Atna announce strike length of Wolverine
A 250-metre strike length has been confirmed for the Wolverine discovery at the Foot property in southern Yukon. The announcement follows completion of the latest stepout hole on the eastern extension…
Pentland cuts gold at Marlhill
Drilling at the Marlhill property by Pentland Firth Ventures (TSE) has not gone as planned. Still, operator Pentland Firth is far from upset.The two most recent drill holes did not flatten as anticipa…
NEWS IN BRIEF (November 27, 1995)
Carissa Mining (CIA:VSE) has changed its name to Rockwell Ventures (RCW:VSE).