Spot prices at a glance (November 13, 1995)
Wednesday, November 8, 1995Week’s Price (US)ChangeGold*$384.70+$2.20Silver*$ 5.38+$0.05Platinum*$414.25+$5.25Nickel**$ 3.84-$0.12Lead**$ 0.30-$0.02Copper $ 1.35+$0.04Zinca$ 0…
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Conversion of Weights and Measures (November 13, 1995)
1 troy ounce = 31.1 grams1 kilogram = 32.15 troy ounces1 kilogram = 2.2046 pounds1 (metric) tonne = 1,000 kilograms1 (metric) tonne = 2,204.6 pounds1 (short) ton = 2,000 pounds1 (metric) t…
St. Genevieve ready to go at Capcapo
Now that due-diligence investigations on the Capcapo property are complete, St. Genevieve Resources (TSE)is planning an exploration program for the Philippines property.St. Genevieve has budgeted US$1…
Armada’s ship ready to sail
.SCHITA, Russia To the casual observer, the Siberian landscape may appear bleak and barren, without much to offer. But this view is not shared by Armada Gold (ASE), which believes that the land packag…
Kemess South deal “alive and well”, Witte says
Unforeseen delays in the permitting process for the Kemess South copper-gold project in north-central British Columbia have resulted in Royal Oak Mines (TSE) extending the closing date for the takeove…
Strong gold assays help Santa Elina in Brazil
Consistent gold mineralization at depth is evident from drill results reported by Santa Elina Gold (TSE) at its Fazenda Nova property in Brazil.Since March, the company has drilled 38 diamond drill ho…
Carlin output adds up for Newmont Mining
New York-listed Newmont Mining posted another profitable quarter on the strength of more than half a million ounces of gold produced.The company’s gold mining division, Newmont Gold (NYSE), earned US$…
Imperial revises Mount Polley reserves
The Mount Polley gold-copper project in central British Columbia, 56 km northeast of Williams Lake, is being readied for a scheduled construction start-up in the spring of 1996.As part of a due-dilige…
LABRADOR NEWS ROUNDUP — Cartaway almost blown away
Labrador’s infamous winter weather has dealt a delay to Cartaway Container (VSE).High winds on the wholly owned Cirque property south of Okak Bay, Labrador, forced the company to move its camp to a mo…
LABRADOR NEWS ROUNDUP — Columbia Yukon mobilizes rig
With a drill permit now in hand, Columbia Yukon Resources (ASE) has mobilized a drill rig to its ML 1506 ground in the Alliger Lake area north of Voisey Bay, Labrador.The company plans to test several…
Prime exploring possible extension to 21B zone at Eskay Creek mine
Exploration work at the Eskay Creek property in northwestern British Columbia may have identified a stratigraphic extension of the main 21B ore zone being mined by Prime Resources Group (TSE).The Eska…
Athabaska hopes to revive Ladner Creek
Underground exploration drilling and development is continuing at the Ladner Creek gold project near Hope, B.C.Athabaska Gold Resources (TSE) has committed to spending $1 million on the property by Ju…