Drilling turns up copper, gold
Drilling at the Samarskoye project, 40 miles north of Karaganda in central Kazakhstan, continues to deliver copper-gold values for Kazakhstan Minerals (KMC-T).Five rigs are drilling off a large porphy…
News
South Atlantic submits proposals for African copper-cobalt projects
South Atlantic Diamonds (SCQ-V) is expanding beyond its portfolio of Brazilian diamond assets by acquiring several copper-cobalt projects in south-central Africa.The junior has submitted applications …
THE DIAMOND PAGE — Processing of Diavik sample continues
Partners Kennecott Canada and Aber Resources (ABZ-T) are advancing their Diavik diamond project in the Northwest Territories.The processing to date of 1,150 tonnes of a 3,000-tonne bulk sample from th…
Correction (June 10, 1996)
In our June 3 issue, a report on BYG Natural Resources (BYG-T) included a photo of the past-producing Skukum gold mine and mill in the Yukon. The mine was erroneously identified as Mt. Nansen.
NEVADA SPECIAL — Coeur’s Rochester reaches milestone
The 10-year-old Rochester mine is the largest primary silver producer in Nevada’s history, having just passed a production milestone of 50 million oz.The mine, operated by Coeur d’Alene Mines (CDE-N),…
NEVADA SPECIAL — Construction under way at Pipeline
The current exploration boom in Nevada owes much to the discovery of the Pipeline gold deposit 100 km southwest of Elko.The discovery prompted a flurry of exploration activity in the region, besides b…
NEVADA SPECIAL — Nevada mine key to Granges’ growth
The Hycroft open-pit, heap-leach mine, 60 miles west of Winnemucca in northwestern Nevada, is key to the growth strategy of Granges (GXL-T).The company’s mission is to find, acquire, develop and opera…
DIAMOND PAGE — Namco sizes up sea-floor diamond assets
An independent evaluation of the Koichab sea-floor diamond prospect of Namco (NMR-V) has been released.A consulting firm reports an inferred resource of 2.4 million carats in a 3.85-sq.-km portion of …
Toronto Stock Exchange Indices (June 03, 1996)
1996 May 28May 27May 24May 23May 22HighLowComposite”300″5219.315235.535229.855223.155239.865248.373983.34 .Metals&Minerals5390.585411.025397.175388.775436.035635.253273.56 .Integr…
NDT to drill in Labrador
Approval to drill Target 44, situated adjacent to Nain, Labrador, is near at hand, following a recent plebiscite.Residents of the town voted 64% in favor of allowing drilling to proceed, and formal ap…
PRODUCER PRICES (June 03, 1996)
ALUMINIUM: Composite free market US70.4 cents per lb. (May 28, 1996).ANTIMONY: U.S. producer, US$1.95 per lb. (May 28, 1996).BISMUTH: Composite free market US$3.10 per lb. (May 24, 1996).CADMIUM: Comp…
NEVADA SPECIAL — Kinross to add Goldbanks to list of Nevada mines
No stranger to the Nevada mining scene, Kinross Gold (K-T) is looking to advance its Goldbanks gold project to full feasibility and thereby add another mine to its existing operations in the state.The…