Golden Giant resumes mining
Fractures in the shaft at the Golden Giant mine near Marathon, Ont., were surficial only, and owner Hemlo Gold Mines was expected to have resumed underground operations by presstime. The fracturing, a…
News
DIAMOND NEWS ROUNDUP — Spider, KWG discover diamonds in James Bay Lowlands
The Kyle 3 kimberlite in the James Bay Lowlands of northern Ontario has yielded 104 diamonds.Four holes drilled by partners Spider Resources (ASE) and KWG Resources (TSE) intersected a diamondiferous …
GREATEST VALUE TRADED (December 25, 1995)
Barrick Gold T174175$36 7/835 1/236-1Placer Dome T153065$34 5/832 7/833 3/8-1 5/8Inco Ltd T83909$49 3/4 47 1/447 7/8-1/2Franco-Nev T40172$827879 1/2-2 3/8Sherritt T39589…
Venture combines Acadia, two offshore companies
Three companies would be folded into one under a proposed restructuring plan for Acadia Mineral Ventures (CDN).The arrangement would see Messina Copper (Botswana), owner of a Botswanan copper property…
STOCK MARKETS — Christmas doldrums keep western markets flat
Western markets were sideswiped by the Christmas doldrums over the report period ended Dec. 19. The Vancouver Stock Exchange resource index dropped 23.66 points to close at 1,241.52, while the composi…
STOCK MARKETS — Drop in interest rate causes late TSE rally
The Toronto Stock Exchange suffered heavy losses during the report period ended Dec. 19, but a drop in interest rates spurred a 40-point rally on the last day, which left the TSE 300 composite index a…
Geological studies shed light on Kidd Creek mine
Studies have enabled Falconbridge to increase reserves at its Kidd Creek copper-zinc mine, north of Timmins, Ont.Moreover, the research has resulted in a new mine model which could lead to additional …
Spot prices at a glance (December 25, 1995)
Wednesday, December 20, 1995Week’s Price (US)ChangeGold*$387.10-$1.00Silver*$ 5.12-$0.04Platinum*$405.65-$7.60Nickel**$ 3.66-$0.03Lead**$ 0.32-$0.01Copper{$ 1.30-$0.05Zinc{{$…
METAL PRICES — FREE MARKET (December 25, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateDec. 19Dec. 18Dec. 15Dec. 14Dec. 13Copper2840-2845 2910-29122868-28733000-30052990-2995Lead709-711702-703704.5-705.5725.5-726…
Meetings (December 25, 1995)
MEETINGSJan. 3, Kuma Res. Jan. 4, Starcore Jan. 4, Teuton Jan. 5, AbaddonJan. 5, Mishibishu Jan. 5, Dufresnoy Jan. 8, Banff Jan. 8, Int’l Star Jan. 9, Lago Jan. 9, MinorcaJan. 9, PointerJan. 10, GMD R…
Companies (December 25, 1995)
INDEXAcadia Min.Amrcna Gld & DdArchon MineralsAtlasAvalonAzco M’gBand-OreBarrick GoldBHP MineralsBooker GoldCambiorCanarcCarlin Res.Castle RockCons Pine ChnlCons. NewgateCons. OasisCons. Shoshoni…
Americana active in Venezuela
Junior Americana Gold & Diamond Holdings (NASDAQ) has identified 10 anomalies on its Fortuna gold concession in the Guyana Shield of Venezuela.Several mineralized shear zones with vein material were a…