Saskatchewan’s mines ministry goes on-line
The government of Saskatchewan has launched its web site on the internet.The site, according to Energy and Mines Minister Eldon Lautermilch, is a response to frequent requests by the industry for digi…
News
Happy Valley-Goose Bay conference set
The Happy Valley-Goose Bay region of Labrador will host a mining conference and trade exhibition June 24-27.Entitled “Voisey’s Bay and Beyond,” the event will feature seminars on environmental assessm…
ACC conference to explore copper market
Supply and demand and the international copper market will be discussed at the conference of the American Copper Council, to be held June 19-21 in Montreal, Que.Scheduled speakers include: Simon Hunt,…
DIAMOND PAGE — DO-18 pipe yields mini-bulk sample
About 6.5 tonnes of kimberlite were recovered by a single, large-diameter drill hole on the DO-18 pipe at the WO claim block in the Lac de Gras area of the Northwest Territories.Kennecott Canada, whic…
DIAMOND PAGE — Ashton pulls few diamonds at Orion
The processing of 1,265 kg of drill core from the Orion kimberlite pipe returned a low diamond count, suggesting the body is uneconomic.The Orion is the fourth kimberlite to be discovered on the Cross…
Toronto Stock Exchange Indices (June 17, 1996)
1996June 11June 10June 7June 6June 5HighLowCompos…
Spot prices at a glance (June 17, 1996)
Wednesday, June 12, 1996Week’s Price (US)ChangeGold*$384.50-$3.45Silver*$ 5.12…
Pacific Comox drills targets at Adansi Asaasi
Drills are turning on the Chirebroso mine zone at the Adansi Asaasi concession in Ghana, West Africa.The initial 15,000-metre diamond and reverse-circu-lation program is being carried out by Pacific C…
STOCK MARKETS — Yellow metal sings the blues
The Toronto Stock Exchange fell sharply over the report period ended June 11, dragged down by plummeting resource stocks. The TSE 300 composite index lost 118.19 points or 2.3%, falling to 5,106.32. G…
Accident claims life in Kyrgyzstan
A Canadian man was killed in early June in an industrial accident in Kyrgyzstan.Kevin Lane, of Edmonton, Alta., was killed when he fell 12 metres while working at the Kumtor mill. The mill is part Cam…
Settlement reached in Midas claim dispute
A lawsuit regarding the overstaking of claims near Midas, Nev., has been resolved.Under the terms of the settlement, the Midas joint venture, a 50-50 partnership between Franco-Nevada Mining (FN-T) an…
STOCK MARKETS — Gold takes the fall in western markets
As the price of gold tumbled to its lowest level in 15 months, a widespread selloff of junior mining stocks hampered western markets over the report period ended June 11.The Vancouver Stock Exchange c…