PEOPLE — FIRST QUANTUM (June 09, 1997)
Martin Rowley appointed director.
News
EDITORIAL AND OPINION — The best defence is a strong offence — Teflon `victims’
After the Bre-X Minerals salting scandal was exposed, mining professionals worried aloud that they might be tarred with the same brush and that investors, once-burned, would be twice shy of all compan…
MOST ACTIVE ISSUES, May 28-June 3
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NEVADA — Rayrock explores mine properties
Nevada gold operations have long been a production cornerstone for Rayrock Yellowknife Resources (RAY-T). But with some of those mines running out of ore, the company is planning to step up the pace o…
The amended Mining Law
There has been talk of mining law reform in virtually every U.S. Congress since 1866. The battle over the Mining Law of 1872 in the current Congress is being led by California Democratic Representativ…
NEVADA — Getchell Gold advances Turquoise Ridge mine project
Getchell Gold (GGO-T) is making steady progress in its development work at the underground Turquoise Ridge gold project, situated on the 50-sq.-Mile Getchell property, 35 miles northeast of Winnemucca…
NEVADA — Rosebud gold deposit blossoms by entering commercial production
Commercial gold and silver production is under way at the Rosebud underground mine, 58 miles west of Winnemucca.Ownership of the mine, where reserves are pegged at 1.3 million tons grading 0.39 oz. go…
NEVADA — Nevada mines account for bulk of U.S. production
Gold output from all mines in the United States in 1996 was 10 tonnes more than the 319 tonnes produced in the prior year.The bulk of the production came from open-pit, primary gold mines in Nevada. A…
THE DIAMOND PAGE — Winspear, Aber pull more kimberlite in N.W.T.
Partners Winspear Resources (WSP-V) and Aber Resources (ABZ-T) have pulled more kimberlite from their Camsell Lake project, near Snap Lake in the Northwest Territories. A second vertical hole into Ano…
MOST ACTIVE ISSUES, May 21-27
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NEVADA — Homestake Mining adds — Ruby Hill to crown jewels — Construction under way for initial production in late ’97
Two years of exploration near Eureka Cty. in central Nevada are beginning to pay off for Homestake Mining (HM-N) as its Ruby Hill gold deposit nears production.The US$65.4-Million Ruby Hill project is…
Producer and Dealer Prices (June 02, 1997)
Aluminium: LME settlements US$1,634.5 per tonne, alloy $1,476 per tonne (May 27/97).Antimony: Composite free market, US$2,220 per tonne (May 20/97).Bismuth: Composite free market US$3.30 per lb. (May …