Accident-free year at Hope Brook
The Hope Brook gold mine, on the southwestern coast of Newfoundland, has reached a full year of operation without a lost-time accident.The milestone, reached in early April, is the first in the projec…
News
Boundary change proposed for Ont.’s Wanapitei park
A proposed boundary change for Wanapitei Provincial Park, north of Sudbury, Ont., is open for public review.The Ontario Ministry of Northern Development and Mines is planning to remove one area from p…
New silver coins are for the birds
The Royal Canadian Mint in Ottawa has launched its 1995 series 50-cent sterling silver coins. The 4-coin series salutes the “birds of Canada.”Featured on the reverse side are the Atlantic puffin, the …
Hall of Fame seeks nominations
The Canadian Mining Hall of Fame has issued its yearly call for nominations.The next group of inductees will be formally honored at a dinner on Jan. 8, 1996. The Hall, established in 1989, has 62 memb…
STOCK MARKETS — Surging gold stocks lend strength to TSE
A surging gold index helped the Toronto Stock Exchange post a modest gain during the 5-day report period ended April 18. The composite 300 index rose 24.41 points to close at 4,299.39.A sharp rise in …
Meteorite has unique composition
A meteorite discovered almost 10 years ago on a beach near the town of Penouille in Quebec’s Gaspe region was recently recovered by a committee of the Canadian Space Agency.The space rock was found by…
CIM conference in Halifax
The annual meeting of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), scheduled for May 14-18 in Halifax, N.S., is expected to draw about 2,500 delegates, guests and exhibitors from …
Gold Funds (April 24, 1995)
Gold Funds as of Apr. 18BGRCentralNet Value$17.12$6.74Price$14.63$7.00Discount14.57%Premium3.9%Value$133,841,000$126,695,100…
Rio Narcea boosts reserves at Spanish gold prospect
Drilling has confirmed the strike extension and continuity of high-grade gold mineralization at the Valle-Boinas gold deposit in northern Spain, reports Rio Narcea Gold Mines (TSE).At the Boinas West …
Conversion of Weights and Measures (April 24, 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 (metri…
Spot prices at a glance (April 24, 1995)
Wednesday, Apr. 19Week’sPrice (US)ChangeGold*$396.95+$7.15Silver*$5.92+$0.58Platinum*$461.25+$11.75Nickel**$3.28-$0.03Lead**$0.27$0.00Copper$1.32-$0.02Zinc$0.48 $0.00…
STOCK MARKETS — Voisey Bay play adds pep to western markets
The nickel-copper-cobalt discovery of Toronto-listed Diamond Fields Resources, along the coast of Labrador, has begun to influence both the Vancouver and Alberta markets as a speculative play.While th…