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…
News
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…
Peruvian exploration pays off for Arequipa Res.
Arequipa Resources (TSE) has identified several gold prospects along an 80-km-long belt of rocks in northern Peru.Additional mapping, sampling and trenching will attempt to firm up these discoveries, …
Waste disposal concept to undergo scrutiny
A plan to dispose of Canada’s ever-increasing amount of nuclear fuel waste is proceeding to the public hearing stage.In October 1994, Atomic Energy of Canada Ltd. (AECL) submitted an environmental imp…
China’s growing zinc exports create marketing ramifications
The large volume of zinc exported by China in 1993-94 contributed to an intense depression in world prices for the metal, according to CRU International.Exports were also high in early 1995, but they …
Correction (December 18, 1995)
David Crombie, a director and senior officer of Inter-Rock Gold (ME), was incorrectly reported as having sold 21,400 shares at 94 cents-$1.04. He in fact bought 21,400 shares at that price.