River Gold reports encouraging results
Early results from drilling at the Eagle River gold property confirms that the No. 8 zone consists of a series of closely spaced, high-grade, plunging lenses and that No. 6 is a continuous, high-grade…
News
Development under way at Nixon Fork
Exploration and development are in full swing at Consolidated Nevada Goldfields’ (TSE) Nixon Fork project in west-central Alaska. The company has completed about 1,800 ft. of advances on two declines …
Pickard speaking at CIM luncheon
The president of Falconbridge will be the guest speaker at the Sept. 22 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum. Frank Pickard will speak on “the n…
Abandoned mines focus of hunt
Researchers at the University of Nevada in Reno are collaborating with the U.S. Bureau of Land Management to help track down the state’s abandoned mines. “No one has ever attempted to identify every a…
Miramar backs Northern Orion
Related companies Miramar Mining (TSE) and Northern Orion Explorations (VSE) plan to reorganize their Argentine holdings. Northern Orion will acquire the issued capital in Grupo Minera Aconcagua S.A. …
British Columbia awards grants
Forty-six companies in British Columbia will receive grants totaling $2.2 million from the province’s Mineral Exploration Incentive Program (MEIP). Applications for 201 projects were received during t…
Nuinsco makes rights offering
A rights offering has been made to Nuinsco Resources (TSE) shareholders residing in Ontario, Quebec, British Columbia and Alberta. Deak International Resources Holdings, which holds 8.4 million Nuinsc…
Chinese copper imports to rise
Chinese imports of copper in all forms could rise by 75% to almost 1 million tonnes of contained copper by 2005, according to a study from CRU International of London, England. In its 2-volume China a…
PRODUCER PRICES (August 29, 1994)
ALUMINUM: MW U.S. market US70.5-71.5 cents per lb. (Aug. 19, 1994). ANTIMONY: MW New York dealer US$2.35-2.50 per lb. (July 21, 1994). BISMUTH: MW New York dealer US$3.75-4.25 per lb. (July 28, 1993)….
Spot prices at a glance (August 29, 1994)
Week’s Price (US) Change Gold* $382.60 + $4.80 Silver* $ 5.21 + $0.08 Platinum* $411.75 – $0.60 Nickel** $ 2.66 + $0.12 Lead** $ 0.26 + $0.01 Copper $ 1.09 + $0.01 Zinc $ 0.43 $0.00 Courtesy of Scotia…
Drilling extends Goldstream orebody
Drilling at the Goldstream mine near Revelstoke, B.C., is extending the deposit down-plunge below the 350-metre level. Joint-venture partners Goldnev Resources (VSE) and Bethlehem Resources (TSE) repo…
Drills turning at Lewis Ponds
Toronto-listed Tri Origin Exploration has completed two drill holes and four wedged holes on its Lewis Ponds property in New South Wales, Australia. Hole 32, north of the deposit, intersected a 41-met…