Akiko Gold aims to advance Utah mine project
Underground drilling aimed at expanding geological reserves of the high-grade New Burgin deposit is under way in the East Tintic district of Utah. Vancouver-listed Akiko Gold Resources is earning a ha…
News
Virginia, Diabior active in Eastmain
Joint-venture partners Virginia Gold Mines (ME) and Explorations Diabior (TSE) have staked 92 claims covering 341 sq. km in the Eastmain volcanic belt of northwestern Quebec. An area containing geoche…
Northern Ontario townships reopened to prospectors
Beginning April 4, prospectors will be allowed to return to 20 townships or portions of townships in the Teme-Augama Anishnabai (TAA) land claim area in the Temagami Lake area of northern Ontario. The…
Westray trial under way
A criminal trial began Feb. 6 into the explosion at the Westray coal mine in Plymouth, N.S., that left 26 men dead. The blast occurred May 9, 1992, at 5:18 a.m. Investigators later determined that a s…
COMMENTARY — Time to be more vocal
The following is from a speech by Jeffery Grade, chairman of Harnischfeger Industries, which appeared in a recent issue of the American Mining Congress publication, “Washington Concentrates:” For 100 …
BOOK BRIEF — Life underground
Fire in the Hole: The untold story of hardrock miners, by Jerry Dolph. Published by Washington State University Press, Pullman, Wash. 99164-5910, U.S.A. 174 pages. Illustrated. US$28 in paperback, US$…
Western setting for conference
The west-coast city of Vancouver will play host Oct. 16-20 to Industrial Minerals ’95, a 3-day conference to be sponsored by Blendon Information Services, the British Columbia Ministry of Energy, Mine…
DIAMOND NEWS ROUNDUP — United Reef, Trans Hex group form
Junior diamond explorer United Reef (TSE) will issue a convertible debenture to South African diamond miner Trans Hex Group for up to $4 million. The debenture is convertible at the rate of one common…
STOCK MARKETS — Weaker U.S. economy fuels TSE’s rise
An unexpected increase in the U.S. jobless rate in January brought investors back to the markets, which helped the Toronto Stock Exchange post a significant gain over the 5-day report period ended Feb…
STOCK MARKETS — Western markets continue to follow
The downtrend in western markets remains intact, with the Vancouver Stock Exchange resource index losing more than 21 points during the week ended Feb. 7 to close at 1,148.40. The composite index fare…
PRODUCER PRICES (February 13, 1995)
ALUMINUM: MW U.S. market US103.5 cents-104.5 per lb. (Jan. 27, 1995). ANTIMONY: MW New York dealer US$2.40-2.50 per lb. (Jan. 27, 1995). BISMUTH: MW New York dealer US$3.80-4.00 per lb. (Jan. 20, 1995…
Metal Prices — FREE MARKET (February 13, 1995)
London Metal Exchange Spot closing prices in $US per tonne Date Feb. 7 Feb. 6 Feb.3 Feb. 2 Feb.1 Copper 2847-2848 2809.5-2810.0 2883.5-2884.5 2886-2887 2998-2999 Lead 584-585 559-569 616.5-617.5 624-6…