Gantner to address CIM luncheon
The global mining scene as viewed by an international contractor will form the basis of an address at the Feb. 16 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Pet…
News
Results enhance Voisey Bay discovery
The latest results released by Diamond Fields Resources (TSE) show improved grades over the first phase of drilling at the Voisey Bay nickel-copper-cobalt discovery on the northeastern coast of Labrad…
Major options Table Mountain from Cusac
A subsidiary of Cyprus Amax Minerals (NYSE) can earn a half interest in the northern portion of the Table Mountain gold property in northern British Columbia. Cusac Industries (TSE) will retain a 100%…
Scintrex awarded new contracts
Instrument maker Scintrex has received new orders worth $4.6 million in total. The Concord, Ont.-based company says its orders include $2.8 million for geophysical instrumentation, $1 million for port…
PEOPLE — MONGOLIA GOLD (February 13, 1995)
David Duval appointed director.
Special event for Science North
The Ontario Ministry of Northern Development and Mines will provide a grant of $10,000 to Science North in Sudbury, Ont., for a special event celebrating the science and technology being developed and…
Amax developing Fort Knox project
Now that the board of directors of Amax Gold (NYSE) has flashed a green light for the Fort Knox gold project, negotiations for financing are under way. Situated 15 miles northeast of Fairbanks, Alaska…
Newmont Gold finances development projects
Proving that the cost of exploration and development is not cheap, Newmont Gold (NYSE) spent about US$400 million on several capital-intensive projects, as well as US$69 million on worldwide explorati…
PRODUCER PRICES (February 13, 1995)
ALUMINUM: MW U.S. market US103.5 cents-104.5 per lb. (Jan. 27, 1995). ANTIMONY: MW New York dealer US$2.40-2.50 per lb. (Jan. 27, 1995). BISMUTH: MW New York dealer US$3.80-4.00 per lb. (Jan. 20, 1995…
Metal Prices — FREE MARKET (February 13, 1995)
London Metal Exchange Spot closing prices in $US per tonne Date Feb. 7 Feb. 6 Feb.3 Feb. 2 Feb.1 Copper 2847-2848 2809.5-2810.0 2883.5-2884.5 2886-2887 2998-2999 Lead 584-585 559-569 616.5-617.5 624-6…
Gold Funds (February 13, 1995)
Gold Funds as of Feb 6 BGR Central Net Value $16.27 $6.47 Price $12.75 $6.375 Discount 21.63% 1.5% Value $127,491,000 $115,383,038…
MBI options Giant Copper
MBI Mining Brokers is acquiring a 60% interest in the Giant Copper property near Hope, B.C., from Bethlehem Resources (TSE). To do so, it must spend $6.2 million on the property over the next six year…