News

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…


QEX re-examines Calumet concession

CDN-listed QEX Resources has resampled seven of 43 holes previously drilled on the New Calumet Mines property. The company has an option to acquire the concession and 59 adjoining claims in Pontiac Ct…


EDITORIAL PAGE — WCB’s confidence crisis

Federal and provincial politicians are not the only public servants being taken to task for poor fiscal management. Management at the provinces’ Workers’ Compensation Boards (WCBs) is also coming unde…


Alta producing gold at Kinsley

Late last year, Alta Gold (NASDAQ) started producing gold at its newest Nevada operation, the Kinsley mine. Situated in Elko Cty.’s Kinsley Mountains, the open-pit mine contains proven reserves of 3.5…


Argentina Gold explores gold systems

In just over two years, Argentina Gold (VSE) has established itself as one of the premier “grassroots” gold explorers in Latin America. Having identified dozens of alteration zones (thought to represe…


ODDS”N”SODS — Fellowship along on the trail

The trails in mining and exploration are rugged, steep and well-marked with the footprints of a host of adventurers who have set forth with high hopes, faith and determination. These same trails trave…


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