Ashanti Goldfields CEO to speak at CIM luncheon
Ashanti Goldfield’s 10 years of growth will be discussed by Chief Executive Officer S.E. Jonah at this month’s meeting of the Canadian Institute of Mining, Metallurgy and Petroleum, in Toronto. Topics…
News
Decimal trading set to start in April
Canadian stock exchanges will begin decimal trading on April 15, in a move designed to increase liquidity on the market. All five exchanges are making the change on the same date.Shares priced above $…
EDITORIAL PAGE — When fish meet miners
Something must be askew at the Department of Fisheries and Oceans (DFO). The collapse of the East Coast fishery and the near decimation of West Coast salmon stocks have left a lot of Canadian fisherie…
Drilling gives boost to KazMinCo
Drilling on the Samarskoye copper-gold porphyry project in central Kazakhstan is returning some spectacular results for Kazakhstan Minerals (CDN).Results include a 195-metre intersection grading 2.2% …
Correction (January 29, 1996)
A report on Petro Plus (ASE), in our Jan. 15 issue indicates the company is planning to drill next summer. The company is, in fact, planning to drill before spring breakup.
Dakota to develop Anchor Hill
The South Dakota Board of Minerals and Environment has granted a state permit to Dakota Mining (AMEX) for development of the Anchor Hill gold project. The deposit is close to the company’s Gilt Edge m…
Minera Rayrock works Latin American projects
Toronto-listed Minera Rayrock is developing four of its key copper and gold projects in Latin America.At the Ivan mine in northern Chile, copper production averaged 102% of design capacity during the …
Metal Prices — FREE MARKET (January 29, 1996)
London Metal ExchangeSpot closing prices in $US per tonneDateJan. 23 Jan. 22 Jan. 19 Jan. 18Jan. 17Copper2574-2579 2519-2524 2555-2560 2602-26072591-2596Lead722.5-723.5 710.50-711.5 717-718 7…
Metals Commentary — Global perspective on copper points to bearish market
The past few years have been good ones for copper producers. Prices have remained relatively robust, even as new, large operations began coming on-stream in Chile and elsewhere.The copper price averag…
Arizona Star makes new discovery at Aldebaran property in Chile
The discovery of a low-lying oxide zone on the Aldebaran property in north-central Chile has prompted partners Bema Gold (TSE) and Arizona Star Resource (VSE) to delay completion of an ongoing feasibi…
Stratabound resumes its drilling at Taylor Brook
With promising strike extensions and geophysical anomalies to test, Stratabound Minerals (ASE) has resumed drilling at the Taylor Brook property, near Bathurst, N.B.The first hole, 96-17, tested a dow…
New Horizons — Outokumpu takes lead in the quest for Europe’s nickel
Mineral deposits tend to be situated at great distances from the users of minerals, and yet, oftentimes, one’s own backyard holds more than it seems. Large new deposits are frequently identified in ar…