News

Guardian Enterprises (GUD-V) has uncovered macrodiamonds in samples taken from its claim blocks in Wyoming.The company is using grease tables to process screened alluvial gravels sampled from the area…

Operator Phelps Dodge (PD-N) is drilling the Las Vigas copper property in Mexico’s Chihuahua state in order to earn a 55% interest from Corner Bay Minerals (BAY-T).The major can earn the interest by s…

Chief Consolidated Mining (CFCM-Q), Akiko Gold Resources (AKI-V) and a U.S.subsidiary of Korea Zinc have formed a joint venture to develop the New Burgin deposit in Utah.The deal transfers a half inte…

With construction 40% complete, the Bajo de la Alumbrera project in western Argentina is about to undergo some changes.Operator Minera Alumbrera plans to install a gravity circuit designed to recover …

By any measure, we live in a golden age of technology — an age in which orbiting satellites tell us the temperature of the earth and measure the gaps in the ozone layer; an age in which a student, at…

In the wake of every tragedy comes the inquiry into what went wrong, why things went wrong and who, if anyone, might be responsible. In the case of the Westray disaster in Plymouth, N.S., where, on Ma…

In the second quarter of 1996, Princeton Mining (PMC-T) posted a profit of $276,000, down from the $2 million the company earned for the same period in 1995.Revenue was $18.8 million, up from $12.3 mi…

Gold Funds as of August 1, 1996BGRCentralNet Value$23.14$6.54Price$18.05$…

ExchgValue($000s)HighLowCloseChangeDiamond FldsT1…

Wednesday, August 7, 1996Price (US)Week’s ChangeGold*$388.25+ $2.75Silver*$ 5.05…

London Metal ExchangeMidday bid-ask prices in $US per tonneDateAug. 6Aug. 5Aug. 2Aug. 1July 31…

In Mexico’s Sonora state, Santa Catalina Mining (SLM-V) has completed a program of reverse-circulation drilling at the 5,930-acre Pilar gold property.The 3,000-metre program was directed at an area wh…