Golden Shamrock to up production in Ghana
Despite a decrease in production and an increase in cash costs over the past year, Golden Shamrock Mine (TSE) is looking to turn its operations around in 1996.Production at the Iduapriem gold mine in …
News
Claude drilling on Saskatchewan and Manitoba property
Claude Resources (ASE), Saskatchewan’s largest gold producer, is beginning underground diamond drilling at its Seabee gold mine, on the property surrounding it and on a newly acquired property in Mani…
Canarc Resource resumes drilling on Guyanese property
Drilling has resumed at the Baramita property in northwestern Guyana.The property is held under a joint-venture agreement between Canarc Resource (TSE) and Echo Bay Mines (TSE). The latter invested US…
Diadem focuses on base metal play
In Newfoundland, drills are turning on the Pekan River property of Diadem Resources (ME).The property, which straddles the Quebec-Newfoundland border 50 km south of Wabush, Nfld., covers a copper-nick…
Dakota reports drill results at Stibnite
Results from drilling carried out in autumn, 1995, at the Stibnite gold mine in Idaho are sufficiently encouraging that follow-up drilling is planned.Dakota Mining (TSE) drilled 24 reverse-circulation…
Coeur d’Alene to build Alaskan mine
Coeur d’Alene Mines and a consortium of native groups have entered an agreement to construct and operate the Kensington gold mine in southeast Alaska.The three native corporations, Goldbelt, Kake Trib…
Correction (February 26, 1996)
A preliminary resource estimate for the main prospect on the Kubi concession in Ghana, 90% of which is held by Nevsun Resources (VSE), is projected at 500,000 contained ounces, not 1.5 million oz. as …
Da Capo expands Bolivian holdings
Consistent with its efforts to develop bulk-tonnage gold projects in Bolivia, Da Capo Resources (VSE) has acquired a 49% interest in the San Gerardo property.Teck (TSE) is funding drilling under an ag…
Index (February 26, 1996)
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Cresson mine to be re-evaluated
The U.S. federal government is calling for a re-evaluation of water quality standards at the Cresson gold mine in east-central Colorado. The Environmental Protection Agency (EPA) has told Colorado sta…
Yamana continues drilling targets at the Microonda gold property
Drilling is continuing at the Microonda epithermal gold property in Santa Cruz, Argentina.Yamana Resources (TSE) has completed reverse-circulation drilling totalling 6,560 metres and has tested five o…
Spot prices at a glance (February 26, 1996)
Wednesday, Febuary 21, 1996Week’sPrice (US)ChangeGold*$398.50-$5.40Silver*$ 5.55-$0.14Platinum*$417.50-$4.00Nickel**$ 3.73+$0.05Lead**$ 0.36+$0.02Copper $ 1.13-$0.01Zinca$ 0….