News

London-based Nelson Gold (NLG-T) has resumed operations at the Jilau open-pit mine in Tajikistan.The company recently made its first gold sale, exporting and selling 12,700 oz. of gold bullion from th…

The takeover of Diamond Fields Resources by Inco, the acquisition of Arequipa Resources by Barrick Gold, the green light for diamond mining in Canada’s North, and the blossoming of the Busang gold dep…

At the Canabrava joint venture in Brazil’s Minas Gerais state, Teck (TEK-T) will continue with exploration drilling through 1997.The company holds an option to earn an initial 60% interest from Canabr…

ALUMINIUM: LME settlements US$1,489 per tonne, alloy $1,349 per tonne (Dec.17/96).ANTIMONY: Composite free market, US$2,075 per tonne (Dec. 16/96).BISMUTH: Composite free market US$3.20 per lb. (Dec. …

A minority interest in Pinson Mining, held collectively by Rayrock Yellowknife Resources (RAY-T) and three private partners, has been sold to remaining partners Homestake Mining (HM-N) and Barrick Gol…

John Brown appointed director.

Fred Bart appointed director.

Peter Thomson appointed chairman; R. Sheardown appointed president and chief executive officer.

Robert Klein and Ferdinand Marehard appointed directors.

A. Economos appointed director and chairman; R. Eberley appointed director.

Peter Barnes appointed chief financial officer and director.

Edward Schiller appointed director.