Hemlo freezes output at Golden Giant
At the Golden Giant mine near Marathon, Ont., fracturing of wall rock at the 700-metre level of the production shaft has led Hemlo Gold Mines (TSE) to suspend operations until the situation is remedie…
News
Abacus adds up results from Niblack
Further assay results are reported from the historic mine area at the Niblack massive sulphide project in southeastern Alaska.Abacus Minerals (VSE) reports that hole 66 intersected four distinct miner…
PEOPLE — GULF INT’L MINERALS (November 06, 1995)
Robert Gayton appointed director.
PEOPLE — DIAMOND FIELDS (November 06, 1995)
Rick Gill appointed executive vice-president.
Drills turning at Copper Mountain
An 8,000-ft. reverse-circulation drilling program is under way on the Copper Mountain property in Mineral Cty., Nev. Mina Resources (VSE) can earn a 51% interest in the property from Cactus West Explo…
Ecuadorian doubles its gold resource at Gaby
The Gaby gold porphyry property in Ecuador appears to contain far more gold than owner Ecuadorian Minerals (TSE) had thought.Following a definitive evaluation of data from more than 22,000 metres of r…
Canyon clears hurdle with Briggs
The Interior Board of Land Appeals has denied a request for a stay of the U.S. Bureau of Land Management’s (BLM) permit for the Briggs project in southeastern California.In July, the BLM approved the …
Prime reaps profits at Eskay
With its high-grade Eskay Creek mine in British Columbia up and running, Prime Resources Group (TSE) is starting to post handsome profits.For the quarter ended Sept. 30, Prime earned $9.5 million; for…
PEOPLE — MAGMA COPPER (November 06, 1995)
Bradford Mills promoted to executive vice-president; K.L. Browne becomes vice-president for technology and growth; Craig Steinke promoted to president of Magma Metals; E.E. Durazo, Jr. becomes preside…
Companies (November 06, 1995)
INDEXAbacusAfriOreAgnico-EagleAltmark EnergyAmaradoAranleeAthabaska GoldAtnaAur Res.Band-OreBYG NaturalCactus WestCamecoCanmineCastle RockCdn States Res.CogemaConnecticutCons MagnaCons Nvda…
Quellaveco deposit undergoes study
A US$5-million study by Minorco has concluded that conventional flotation is the most attractive metallurgical option at the Quellaveco porphyry copper deposit in southern Peru.Minorco, whose subsidia…
Golden Star gains West African play
Through its African subsidiary, Golden Star Resources (TSE) has increased its property holdings in Mali.Pan African Resources, the subsidiary, has acquired the Dioulafoundou project, which lies 170 km…