Producer prices (August 28, 1995)
ALUMINUM: MW U.S. market US88 cents-89 cents per lb. (August 11, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$3.65-3.75 per lb. (August 4, 199…
News
Normabec explores for base metals
In the Matagami region of northern Quebec, Normabec Mining Resources (ME) is exploring for nickel-copper sulphides and precious metals.Normabec entered an agreement with Soquem to acquire an interest …
Alta buys Olinghouse gold properties
Junior producer Alta Gold (NASDAQ) has made the final payment of US$2.25 million for the Olinghouse gold property near Reno, Nev.The company paid a total of US$6.9 million to Phelps Dodge (NYSE) for t…
Rea Gold boosts reserves at Bissett
Vancouver-based Rea Gold (TSE) has seen geological gold reserves increase at its Bissett mine, about 160 miles northeast of Winnipeg, Man.Geological reserves at the former producer are now estimated a…
Eastfield options ground to Prism
A joint-venture agreement with Eastfield Resources (VSE) gives Prism Resources (VSE) the right to earn a 50% interest in a group of properties in the Tonopah gold mining district of west-central Nevad…
Armada to control Russian project
A series of agreements with its Russian joint-venture partner will give Armada Gold (ASE) an additional 17% interest in mineral licences in Russia.Armada’s Russian partner, Baleyzoloto, will sell 7% o…
Noranda doubles net earnings
A strong performance by both its mining and forestry divisions enabled Noranda (TSE) to more than double net earnings for the first six months of 1995, compared with the first half of 1994.The resourc…
Black Hawk pulls more gold at Hoyle Twp.
The second phase of drilling at the Hoyle Twp. project, 15 km east of Timmins, Ont., continues. Operator Black Hawk Mining (TSE) reports 1,734 metres of drilling is now complete in six holes.The new h…
Gold targets picked at Ubina
In southwestern Bolivia, exploration managers have selected three targets at the Ubina property of COMOSA, a unit of Takla Star Resources (ASE).Mintec, the Bolivian exploration contractors managing th…
Index (August 28, 1995)
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Companies (August 28, 1995)
INDEXAberAdexAkiko GoldAltaAnvil RangeArgentina GoldArmadaAshtonAtna ResAurBaleyzolotoBand OreBarrick GoldBHP MinBirim GoldfieldBlack HawkBoliden ResCambiorCamnorCanadian Golden Dragon…
Anvil gives Yukon mine new lease on life
From out of the ashes of former owner Curragh Resources, the Faro zinc-lead mine has once again taken flight.When the mine was forced to close more than two years ago by the creditors of bankrupt Curr…