News

Diamond drilling will get under way soon at the Indata project, 130 km north of Fort St. James, B.C.Clear Creek Mining is earning a half interest in the property from Eastfield Resources (VSE) by spen…

Cathode copper produced by solvent extraction electrowinning (SX-EW) exceeded 1 million tonnes in 1995 and will rise to 2.3 million tonnes by the year 2000, representing about 20% of refined productio…

An agreement with Diabior Explorations (ME) will see Barrick Gold (TSE) acquire a 50% interest in the northern and southwestern part of La Grande, a gold property in northwestern Quebec.The property l…

Drilling is expected to begin in May on the Butte Highlands property in Montana. Orvana Minerals (TSE) is planning a 25,000-ft. program, including infill drilling on the Nevin Hill resource, as well a…

Toronto-listed William Resources has closed a special warrant equity financing with an underwriting group that will enable it to begin taking over Australian-based Valdora Minerals.The financing consi…

With 1996 shaping up to be another record year for North American stock markets, investors are searching for low-priced issues that have potential for significant capital gains.This trend forms the ba…

Construction is under way at the Trinidad gold project in Mexico’s Sinaloa state.The mine, a 51-49 joint venture between Eldorado (TSE) and Almaden Resources (VSE), is expected to produce 30,000 oz. g…

Wednesday, February 14, 1996Week’s Price (US)ChangeGold*$403.90-$10.85Silver*$ 5.69-$0.13Platinum*$421.50-$9.50Nickel**$ 3.68-$0.12Lead**$ 0.34-$0.01Copper $ 1.14-$0.03Zinca$ …

Improvements to the milling circuit have enabled Mincor Resources (ASE) to increase reserves at its Monarch mine in Mozambique.The Monarch mine produces 20,000 oz. annually and now has a reserve large…

Constantine Melnikoff appointed director.

Andy McQuire appointed director.

Donald Empey appointed president and director; Gordon Bub appointed direc- tor.