PRODUCER PRICES (May 22, 1995)
ALUMINUM: MW U.S. market US89.5-90.5 cents per lb. (April 14, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.65-3.75 per lb. (April 7, 1995)….
News
Canarc drilling Guyanese property
Drill crews at the Ianna property in Guyana have struck gold mineralization in two separate areas.Canarc Resource (TSE) is earning up to a 65% interest from Roraima Gold (VSE) by carrying out drilling…
Spot prices at a glance (May 22, 1995)
Wednesday, May 17Week’s .T Price (US)Change Gold*$383.40 $0.00 Silver*$5.38- $0.10 Platinum*$428.65-$6.85 Nickel**$3.31+ $0.16 Lead**$ 0.27+$0.01 Copper$ 1.26+$0.02 Zinc$ 0….
Cambior drilling at Douay West
Confirmation drilling by Cambior (TSE) at the Douay West gold project near Joutel, Que., has returned some encouragingintersections.Property owner Societe d’exploration miniere Vior (ME) reports that …
RFC expands Pend Oreille play
Drilling has increased preliminary reserves by 39% at the Pend Oreille zinc project in northeastern Washington state.RFC Resource Finance (TSE) carried out a 21,918-ft. program, consisting of 21 holes…
Meetings (May 22, 1995)
May 29, Hillcrest — annual, generalMay 29, Morrison Middlefield — annualMay 29, Northridge — annual, generalMay 29, NDU — annual, generalMay 29, Platinova A/S — annual, specialMay 29, Platinova R…
Drilling expands Voisey Bay
Exploratory drilling west of the Voisey Baynickel-copper-cobalt discovery is expanding the scope of the Labrador project.Owner Diamond Fields Resources (TSE) reports that holes 95-89, 95-93 and 95-98 …
Imperial reserves rise dramatically (May 22, 1995)
Estimates for the amount of gold contained within California’s Imperial project have doubled.Owner Glamis Gold (TSE) reports that minable reserves have risen to 89.9 million tons grading 0.017 oz. per…
Fortune options NICO property
An option agreement with Fortune Minerals (CDN) will allow a private company to earn a 20% interest in the NICO group of claims in the Mazenod Lake area of the Northwest Territories.To do so, the priv…
No Headline (May 15, 1995)
Under an agreement with the transitional government of Ethiopia, Golden Star Resources (TSE) has been granted exploration leases in the East African nation.The 90 licences constitute what is known as …
Eastmain plans drilling programs
Drill contracts have been submitted for tender, and surface gridding is expected to begin soon at the Kidd project of Eastmain Resources (CDN) in Timmins, Ont.The junior was recently awarded a $26,000…
Musto backs Rio/North offer
A takeover bid of International Musto Explorations (TSE) by Rio Algom (TSE) and North Ltd. of Australia has the support of Musto’s board of directors.RN Galaxy, a company formed by Rio and North, offe…