VSE reviews activities of juniors
The Vancouver Stock Exchange has reviewed the activities of several junior companies and expressed concerns related to their disclosure and promotional activities.Trading in Regeena Resources (RGA-V) …
News
BASE METALS SPECIAL — Regal acquires Kidd Twp. property
Regal Goldfields (REGL-C) has assumed full ownership of its base metal property in Kidd Twp., Ont., 2.4 km west of the Kidd Creek mine near Timmins.Previously it held a 50% interest.The 12-claim prope…
CaribGold happy with trenching in Cuba
Initial trenching results from the South Elena gold prospect of CaribGold Resources (CG-T) have revealed impressive gold values.The discovery, situated in the Camaguey concession, has been traced over…
ODDS ‘N’ SODS — Close call at Island Lake
As much a fixture of Canadian mining history as prospectors and developers, the bush pilots who operated in remote parts of the country also helped shape the industry.One such man is E.W. “Ted” Stull,…
Joubin receives MDD’s highest award
Legendary Canadian geologist Franc Joubin has received the Duncan R. Derry medal, the highest award given by the mineral deposits division of the Geological Association of Canada.The 86-year-old veter…
Toronto Stock Exchange Indices (June 24, 1996)
1996June 18June 17June 14June 13June 12HighLowCom…
PRODUCER PRICES (June 24, 1996)
ALUMINIUM: LME settlement US$1,455 per tonne (June 17, 1996).ANTIMONY: Composite free market, US$2,925 per tonne (June 17, 1996).BISMUTH: Composite free market US$3.56 per lb. (June 14, 1996).CADMIUM:…
BASE METALS SPECIAL — Sanyati producing copper
The Sanyati operation in Zimbabwe produced its first cathode copper late last year, on budget and on time.The open-pit mine is owned 75% by London-listed Reunion Mining, with the balance held by Zimba…
Stepout drilling finds more for Dakota
At the Anchor Hill gold deposit in South Dakota, Dakota Mining (DKT-T) is encouraged by results from ongoing stepout drilling.Results from the first 14 holes, which were drilled to the northeast and t…
Kookaburra works to increase Tacaza grade
Diamond drilling at the Tacaza copper project in Peru is returning improved grades for Kookaburra Resources (KOB-T).Kookaburra completed some 7,700 metres of reverse-circulation drilling on the proper…
BASE METALS SPECIAL — SX-EW technology could trigger startup at Tiomin’s Cerro Colorado deposit
Straddling the continental divide in western Panama, the Cerro Colorado deposit has been the perpetual bridesmaid of the copper world. Twenty-six years after Canadian Javelin (under promoter John Doyl…
BASE METALS SPECIAL — General Minerals funds work programs
A $29-million financing will boost the cash position of General Minerals (GNM-T) to about $35 million and allow the company to explore its international portfolio of properties.Copper-gold deposits ar…