Eight new inductees to Mining Hall of Fame.
The Canadian Mining Hall of Fame will induct eight individuals at its annual dinner on Jan. 8, 1996, in Toronto.Established eight years ago, the Hall honors legendary mine-finders and mine-builders wh…
News
High grades result in high spirits at Croesus’ Binduli gold producer
Drilling at Croesus Mining’s Binduli mine, near Kalgoorlie in Western Australia, has returned high-grade, porphyry-hosted gold mineralization.Recently, Eldorado (TSE) became the largest shareholder of…
Partners drill Cuban project
Drilling is set to begin at the Golden Hill project in eastern Cuba.Partners MacDonald Mines Exploration (ASE), Golden Hill Mining (CDN) and Cuban state-owned GeoMinera report that the 22,000-ft. prog…
Assays keep Bre-X hopeful
Results from a hole drilled on the Busang gold project in East Kalimantan, Indonesia, are adding to the enthusiasm of 90% owner Bre-X Minerals (ASE).Hole BSSE-78, drilled on fenceline SEZ-54 in the So…
Commentary — The mystery of hedge pricing
Future metal hedging prices offered by investment bankers to miners are not dreamt up out of thin air. Precious metal hedge pricing is actually fairly straightforward and based on some sound principle…
Drill results from Wolverine zone keep Westmin Resources bullish
Assay results appear to be confirming the high hopes that Westmin Resources (TSE) has for the Wolverine discovery in southeastern Yukon.A previously reported 4.1-metre intersection of high-grade massi…
Toronto Stock Exchange Indices (December 04, 1995)
1995 Nov 28Nov 27Nov 24Nov 23Nov 22HighLowComposite 3004674.184660.034672.044672.304658.854718.273983.34Metals&Minerals5179.425199.605241.605266.375246.895276.123273.56Integrated M…
Diamond News Roundup — GMD prepares to drill Royce Group
Drilling is set to begin testing nine targets at the fully owned Royce Group property of GMD Resource (VSE), 60 miles northwest of Yellowknife.GMD has selected its targets on the basis of till samplin…
STOCK MARKETS — Sluggish western markets fail to gather steam
Western markets capped off a lacklustre month with a sluggish performance over the report period ended Nov. 28. The Vancouver Stock Exchange composite index edged upward 4.92 points to close at 777.93…
EDITORIAL PAGE — Reforming WCB
The business community in the province of Ontario appears to be solidly behind the government’s proposal to reform the Workers’ Compensation Board (WCB). Most agree that the WCB system should be based…
PRODUCER PRICES (December 04, 1995)
ALUMINUM: MW U.S. market US77 cents-78 cents per lb. (Nov. 24, 1995).ANTIMONY: MW New York dealer US$2.20-2.40 per lb. (Nov. 24, 1995).BISMUTH: MW New York dealer US$4.00-4.30 per lb. (Nov. 24, 1995)….
New zone active at Lac des Iles
A newly discovered zone will soon be providing most ore production at the Lac des Iles platinum group metals mine in northwestern Ontario.In fact, production from the C zone already has begun, enablin…