Queenstake options Kazakh copper projects
Toronto-listed Queenstake Resources can acquire an interest in several oxide copper projects in Kazakhstan.Queenstake can acquire a 100% interest in Resource Development Kazakh (RDK), a Colorado limit…
Articles by Northern Miner Staff
China takes steps to bring order to tungsten market
China is taking steps to bring some order to its tungsten industry.The country is reported to have halted mining in order to crack down on smuggling and to prevent prices from falling.In particular, a…
Virginia, Diabior work Quebec properties
Two Montreal-listed juniors, Virginia Gold Mines and Explorations Diabior, are busily engaged in northern Quebec.The companies have concluded two option agreements with Soquem on the Eastmain Ouest an…
Summo sums ups Lisbon reserves
The reserves minable by open-pit methods at the Lisbon Valley copper project in Utah have increased to 42.6 million tons grading 0.43% copper. The overall stripping ratio is about 2.2-to-1.Summo Miner…
Cathedral to drill-test Guyanese gold prospect
Drilling will test a northwest-trending structure on the Tallman property in Guyana.Cathedral Gold (TSE) can earn a 90% interest in the property, which is 5 miles from the company’s Hicks project.In a…
LABRADOR NEWS ROUNDUP — Castle Rock bullish on new find
Massive sulphide mineralization has been identified on the Charles Michael claim northwest of Webb Bay in the Voisey Bay area of Labrador.Castle Rock Exploration (VSE) controls the property, where roc…
LABRADOR NEWS ROUNDUP — Larder eyes Harp Lake targets
Claims in two separate areas of Labrador will be explored by Toronto-based International Larder Minerals (CDN).The company will acquire the 947 claims for a total consideration of $405,125.The first g…
McDonald firms up Cuban property
Partners MacDonald Mines Exploration (ASE) and Mill City Gold Mining (VSE) have announced additional drill results from the Little Golden Hill zone at the Golden Hill project in Camaguey, Cuba.Hole 6,…
Rayrock drills Dee property in Nevada
Drilling is under way at Rayrock Yellowknife Resources’ (TSE) Dee gold property in Nevada.The company is testing 10 deep sulphide targets in the Dee pit area. The first hole will test the contact betw…
GOLD FUNDS (July 24, 1995)
Gold Funds as of July 18BGRCentralNet Value$18.41$6.67Price$14.25$6.50Discount22.60%2.5%Value$143,945,000$117,645,450…
Spot prices at a glance (July 24, 1995)
Wednesday, July 19Week’s Price(US) ChangeGold*$389.25+$3.40Silver* $5.34+$0.18Platinum*$440.25+$6.25Nickel**$3.91-$0.04Lead**$0.28$0.00Copper $1.41-$0.04Zinca$0.47 $0.00Cou…
FACTS’N’FIGURES — Mine openings and closures
As a result of recoveries in metal prices in the second half of 1994, the year ended on a positive note for mining in Canada. A total of 12 mines opened or reopened in 1994, while nine closed or suspe…