Rainy River returns mixed results
The latest assay results from core drilled on Nuinsco Resources’ (TSE) property in Richardson Twp., Ont., show long sections of highly anomalous gold, as well as short sections of high-grade gold.The …
News
BHP drills ground near Matagami
BHP Minerals Canada is carrying out additional drilling on Southern Africa Minerals’ (TSE) Cabre base metal property near Matagami, Que.Previous drilling delineated two massive sulphide zones with a r…
MABC launches awareness campaign
The Mining Association of British Columbia will launch a “mining awareness” campaign.The program will publicize important contributions that the mining industry makes to the provincial economy.As part…
Kinross eyes Russian mine
In keeping with its reputation as an aggressive player in the global arena, Kinross Gold (TSE) has secured rights to acquire a stake in the high-grade Aginskoye gold deposit in Kamchatka, Russia.This …
Gateway opens to Russian prospects
In March, 1996, about 20,000 visitors from the Commonwealth of Independent States, together with representatives of major mining companies from around the world, are expected to converge in Russia’s c…
ODDS’N’SODS — Assessing diamond discoveries
Simple, straightforward and to the point. And much, much better late than never.We are describing the new guidelines for public reporting of diamond exploration results, resources and reserves, which …
METALS COMMENTARY — Metals markets relax in summer
The annual summer doldrums are having a mixed effect on metals markets, with producers waiting out the holiday shutdown period and metal prices varying from strong to weak.Some speculators, who desert…
Echo Bay sells stake in Muscocho
Denver-based Echo Bay Mines (TSE) has sold its entire equity interest in Muscocho Explorations (TSE).The senior sold 11.5 million shares privately at 25 cents each for proceeds of $2.9 million. The sh…
Grassroots grants allocated in B.C.
Grants have been allocated to 68 prospectors under the British Columbia government’s Prospectors’ Assistance program.The grants are part of the Explore B.C. program, announced in this year’s provincia…
Falco opts to sell Lakefield
By the end of August, Falconbridge expects to close the sale of its Lakefield Research division though a management buyout.Falconbridge President Frank Pickard says the company decided to sell the div…
Murray Pezim’s illness prompts changes at Prime
The admission to hospital of mining promoter Murray Pezim is not expected to slow down his flagship company, Prime Equities International (VSE).The Vancouver-based businessman underwent abdominal surg…
PRODUCER PRICES (July 17, 1995)
ALUMINUM: MW U.S. market US84-85 cents per lb. (June 30, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.55-3.65 per lb. (May 12, 1995).CADMIU…