METAL PRICES — FREE MARKET (August 05, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateJuly 30July 29July 26July 25July 24…
Articles by Northern Miner Staff
Reserves on rise at Siguiri project
A new reserve calculation for the Siguiri project in Guinea puts the project at 54.8 million tonnes, proven and probable, grading 1.55 grams gold per tonne.Owner Golden Shamrock Mines (GSX-T) found th…
Battle Mountain pulls hot numbers in Honduras
Hot on the heels of its merger with Hemlo Gold, Battle Mountain Gold (BMG-N) has announced a discovery in the Honduras, where drilling at the Cacamuya project returned multi-ounce assays.Drill hole DH…
Expatriate cuts copper in Yukon
Drilling has encountered strong copper mineralization at the fully owned, 334-claim Ice property of Expatriate Resources (EXR-V) in the Finlayson Lake area of southeastern Yukon.Hole 96-2 intersected …
Campbell ups reserves in Mexico
The latest drill results from the Santa Gertrudis gold property in Sonora state, Mexico, have augmented minable reserves for owner Campbell Resources (CCH-T), while, at the same time, advancing nearby…
PEOPLE — GOLDEN BEAR
Roderick Davies appointed vice-president of exploration; Gil Arzmon and R.Angus elected to the Board.
Western advances Rankin Inlet play
Midway through its summer drill program, WMC International, a wholly owned subsidiary of Australia’s Western Mining, has extended the zone of mineralization on the Meliadine West gold property in the …
ODDS’N’SODS — Ahab of the bush
In 1954, I was working for Inspiration Drilling, and we were carrying out work, for Spanish American Mines, in the Elliot Lake area of Ontario.In those days, we hauled all our garbage to a make-shift …
Tan Range returns promising grades
Drilling at the Kabahelele project in Tanzania has returned respectable gold values for Tan Range Exploration (TNX-A).Hole IDD-1, collared along an east-west-trending structure, returned 3.2 grams gol…
Drilling firms up Fyre Lake play
At the Fyre Lake property in the Finlayson Lake district of southeastern Yukon, Columbia Gold Mines (COB-V) has completed 23 holes in a planned 10,000-metre program.The holes range in depth from 30 to…
Condor Int’l busy in Kalimantan
Partners Condor International Resources (COD-V) and Spire Ventures (SVG-V) are planning another phase of exploration for the Sokan gold project, 100 km south of Sintang in Kalimantan, Indonesia.Follow…
TSE SHORT POSITIONS (August 05, 1996)
Short positions outstanding at July 15, 1996Larger individual positions included: Agnico-Eagle 174,933, down 191,410; Arequipa 114,010, down 122,900; Anvil Range Mining 433,900; Atna Resources 98,800,…