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…
News
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…
Minefinders encouraged at Dolores
VSE-listed Minefinders is encouraged by results from geological mapping, prospecting and sampling at its Dolores gold-silver property in northern Mexico. The property is in the Madera mining district,…
India’s gold jewellers adapt to changing trends
Indian gold jewellers are trying to adapt to changing trends which have turned jewelry from a traditional middle-class hedge against inflation into a fashion accessory. They are getting help from the …
Cominco Res. advances garnet project
The remnants of a gold-dredging operation that ceased production about 70 years ago are providing Cominco Resources International (TSE) with the makings of a new mining operation. The company is worki…