ODDS’N’SODS — The Year of the Bear
In 1939, when the foliage was just starting to turn color in Timmins, Ont., Danny O’Reardon invited Lou Romauldi and me for a weekend of fishing for whitefish.We were to drive to the destination, whic…
News
EDITORIAL PAGE — A vicious circle
The lawsuit filed by Exdiam against Diamond Fields Resources and various other parties has stalled the proposed takeover of Diamond Fields by Inco.Whatever its merits, the case is being taken seriousl…
COMMENTARY — The healing power of gold
Although the unique qualities of gold are helping people live longer and more productive lives, the medicinal qualities of the yellow metal have been acknowledged for centuries.In medieval Europe, alc…
EAG raises $33m to explore Africa
The newest member of the stable of juniors affiliated with St. Genevieve Resources (SGV-T) has raised $33 million to explore greenstone belts in Africa.Emerging Africa Gold (EAGI-C) acquired several g…
Cyprus Amax drills in Indonesia
A drill program by a unit of Cyprus Amax Minerals (CYM-N) is under way at Kalimantan Gold’s (KALG-C) Mansur prospect in Kalimantan, Indonesia.Cyprus has completed five of the seven holes planned for t…
Toronto Stock Exchange Indices (July 15, 1996)
1996July 9July 8July 5July 4July 3HighLowComposit…
METAL PRICES — FREE MARKET (July 15, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateJuly 9July 8July 5July 4July 3…
Geomaque boosts production at San Francisco mine
The San Francisco gold mine in Mexico’s Sonora state has seen increased gold production and further positive exploration results in recent months.Owner Geomaque Explorations (GEO-T) poured its first g…
Goldfields reserves to be re-audited
Convinced that its Goldfields project deserves another turn at the plate, Greater Lenora Resources (GEN-T) has retained Behre Dolbear to re-assess drill data for the Box and Athona gold deposits on th…
Platinova makes zinc discovery in Greenland
Drilling by Platinova A/S (PAS-T) on its Peary Land project in northeastern Greenland has resulted in the discovery of a new zone of zinc mineralization.The structure lies between a group of surface s…
Eldorado, Gencor pursue interest in Dominican mine
After closing an equity-for-asset transaction with Gencor, one of South Africa’s premier mining houses, Eldorado Gold (ELD-T) has entered into a 50-50 joint venture with the mining giant to pursue an …
Cominco tops at B.C. competition
British Columbia’s provincial mine rescue and first-aid competition was held recently in Prince George.Among the winners were Fording Coal’s Greenhills operation (in the surface category), Cominco’s S…