New zone found at Andes project
Partners HRC Development (VSE) and Eldorado (TSE) have discovered a second mineralized stockwork system on the northern portion of their Andes gold project in Argentina. The newly discovered “Gilligan…
News
LATIN AMERICA SPECIAL — Gold properties evaluated — Battle
International miner Battle Mountain Gold (NYSE) continues to expand its international exploration effort beyond Bolivia and into other Latin American countries. In 1994, the Houston-based company eval…
American Gem expands resource
Infill drilling and trenching on American Gem’s (TSE) land holdings in Montana have led to a 24.5% increase in sapphire resources. The work, supervised by Toronto-based Watts Griffis & McOuat, outline…
Soquem, Oasis cut gold-bearing zone
Quebec Crown-owned Societe Quebecoise d’Exploration Miniere (Soquem) and Consolidated Oasis Resources (ME) report positive drill results from the Fancamp gold property near Chibougamau, Que. Hole 95-5…
Almaden plans work for Rose
Once its partner completes an initial public offering on the Alberta Stock Exchange, Almaden Resources (VSE) plans to perform more exploration on its Rose gold-silver project near Summerland, B.C. Lau…
Goodnews dropped
Junior Starcore Resources (VSE) has dropped its option to earn a 70% interest in the Goodnews Bay platinum property of Alaska Platinum. Starcore conducted geophysical and geochemical surveys over the …
Granges hopes to revive Tartan Lake gold project
Having remained idle since October, 1989, the Tartan Lake gold mine near Flin Flon, Man., is once again rumbling under the pressure of drills. Owner Granges (TSE), intent on boosting minable reserves,…
COMMENTARY — U.S. Mining Law: the rematch
The mining industry fought pressures to force excessive changes to the Mining Law right up through the last day of the 103rd Congress. Now the rematch begins, but on a different playing field and with…
METAL PRICES — FREE MARKET (March 20, 1995)
London Metal Exchange Spot closing prices in $US per tonne Date March 14 March 13 March 10 March 9 Mar. 8 Copper 2919-2920 2919-2920 2900-2902 2899-2901 2907-2908 Lead 566-567 566-567 578-581 577-578 …
PRODUCER PRICES (March 20, 1995)
ALUMINUM: MW U.S. market US87-88 per lb. (March 3, 1995). ANTIMONY: MW New York dealer US$2.30-2.40 per lb. (Feb. 16, 1995). BISMUTH: MW New York dealer US$3.75-3.90 per lb. (Feb. 24, 1995). CADMIUM: …
GOLD FUNDS (March 20, 1995)
BGR Central Net Value $15.98 $6.53 Price $13.75 $7.0 Discount 13.94% Premium 7.2% Value $124,915,000 $126,695,100…
CIM to hear about environmentalism
An authority on environmental issues will discuss the North American environmental movement and how it affects the Canadian mining industry at a March 31 noon luncheon in Vancouver, B.C. Barry Clausen…