News

Silverado Mines advances Ester Dome gold project

Junior gold producer Silverado Mines (NASDAQ) is entering the final stage of drilling before placing the Ester Dome project into full production.The company previously operated the Grant gold mine on …


PDAC welcomes changes to exploration in Ontario

Ontario’s mining community is welcoming further moves by the province’s newly elected government to cut red tape and make positive changes to exploration regulations.Northern Development and Mines Min…



Spot prices at a glance (November 06, 1995)

Wednesday, November 1, 1995Week’s Price (US)ChangeGold*$382.50+$0.10Silver*$ 5.33-$0.02Platinum*$409.00-$2.50Nickel**$ 3.96+$0.12Lead**$ 0.32+$0.01Copper $ 1.31+$0.05Zinca$ 0…


Gold Funds (November 06, 1995)

Gold Funds as of October 26BGRCentralNet Value$17.00$6.71Price$13.75$6.500Discount19.14%3.1%Value$132,943,000$117,645,450…



Lysander drilling at Passagem

The first phase of drilling is under way at the Passagem mine property in Brazil.Lysander Gold (VSE) can acquire an 80% indirect interest in the Passagem, one of Brazil’s oldest and longest-producing …


Teck and Getchell review drill results from Rainbow

Partners Getchell Resources (VSE) and Teck (TSE) are reviewing this year’s results from exploration of the Rainbow property near Kamloops, B.C., to determine the extent of the next phase of work.Teck,…


Mount Nansen passes environmental hurdle

The Regional Environmental Review Committee in the Yukon has delivered its screening report on the Mount Nansen gold project operated by BYG Natural Resources (TSE), clearing the way for possible prod…


METAL PRICES — FREE MARKET (November 06, 1995)

London Metal ExchangeSpot closing prices in $US per tonneDateOct. 31 Oct. 30 Oct. 27Oct. 26 Oct. 25Copper2828-2833 2767-2772 2808-28132858-28632786-2791Lead691-693 691-693 701.5-703.5 703-…


Cyprus explores Turgeon project

Geophysical surveys are under way at the Turgeon joint venture of Cyprus Canada and Glen Auden Resources (CDN) in Quebec.Airborne magnetic and electromagnetic data have been reprocessed, and 17.2 km o…


Metal prices mean bonanza for Noranda

Stronger prices for copper, nickel and aluminum enabled Noranda (TSE) to earn $411 million for the nine months ended Sept. 30, more than double the figure for the same period in 1994.The resource gian…


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