Nuinsco pulls values at Rainy River
Drilling by Nuinsco Resources (TSE) at its Rainy River project, 40 km northwest of Fort Frances, Ont., has revealed more nickel-copper mineralization.Drill hole NR96-29 intersected a gabbro intrusion …
News
ODDS’N’SODS — Back to Bralorne
Seldom does one have the opportunity to return to places that had a special significance in one’s past, yet this is what happened to me when I recently visited the Bralorne-Pioneer mine properties in …
Sutton recalculates Kabanga resource
A revised calculation has improved the resource at Sutton Resources’ (VSE) Kabanga nickel project in Tanzania.Using a nickel cutoff grade of 0.7% and the results of a recent drill program, the resourc…
Production set for April 1998 — Royal Oak prepares for Kemess construction
Following the recent resolution of certain permitting matters, Royal Oak Mines (TSE) is free to proceed with construction of the Kemess gold-copper project in British Columbia.The Project Approval Cer…
Arequipa Res. advances tunnels at Pierina
A tunnel driven by Arequipa Resources (TSE) into a hillside at the Pierina gold project in north-central Peru has returned a consistent grade of 4.78 grams gold and 154 grams silver per tonne over a l…
COMMENTARY — PDAC program teaches schoolchildren the basics of mining
Patricia Dillon is a senior geologist at Teck Exploration and chairman of the Education Committee of the Prospectors & Developers Association of Canada (PDAC). She has written the following article at…
Canada to help fund democratic initiatives in African nations
Canada will contribute $2.2 million to a fund established to support democratic development in Africa.The Democratic Development Fund, which is designed to provide election support, will be disbursed …
GREATEST VALUE TRADED (May 06, 1996)
Inco Ltd T166947$46 3/44546+1/2Diamond Flds T159597$42 3/840 1/841 7/8+1 1/2Placer Dome T151717$38 1/237 1/837 7/8-1/4Barrick Gold T125254$41 7/840 3/441 3/4+5/8BRE-X Mnrls…
STOCK MARKETS — Western markets hit record highs
Western markets continued to advance at a breakneck pace over the report period ended April 30 with both the Vancouver Stock Exchange resource and composite indices hitting new 52-week highs.The resou…
American Mineral raises $30 million
Arkansas-based American Mineral Fields (VSE) has raised $30 million to acquire, explore and develop mining properties worldwide.Through a private placement, American issued 4 million special warrants …
Spot prices at a glance (May 06, 1996)
Wednesday, May 1, 1996Week’s Price (US)ChangeGold*$391.00-$0.10Silver*$ 5.33+$0.01Platinum*$400.50-$2.75Nickel**$ 3.56-$0.05Lead**$ 0.370.00Copper $ 1.21+$0.01Zinca$ 0.46-$…
TSE INDICES (May 06, 1996)
1996 Apr. 30 Apr.29 Apr. 26 Apr. 25 Apr. 24HighLowComposite”300″5146.475152.385147.765132.095116.315154.323983.34Metals&Minerals 5493.105542.135526.275476.125461.305552.883273.56Integra…