Dynacor producing gold from Siscoe
A bulk sample from the Siscoe property near Val d’Or, Que., has yielded three ingots representing about 1,000 oz. gold. Dynacor Mines (ME) says the sample consisted of 19,260 tons from the Roger zone,…
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MINING IN AFRICA SPECIAL — Oliver in Mali and Zimbabwe
A newcomer to the African continent, Oliver Gold (VSE) has acquired interests in projects in Zimbabwe and Mali in five short months. The company acquired a half interest in a private Zimbabwe company …
MINING IN AFRICA SPECIAL — Antares advances Lady Lina play
Exploration drilling and underground development continues at the flagship Lady Lina gold property of Antares Mining and Exploration (TSE) in Zimbabwe. Antares hopes to complete a feasibility study by…
Metal Prices — FREE MARKET (February 06, 1995)
London Metal Exchange Spot closing prices in $US per tonne Date Jan 31 Jan 30 Jan 27 Jan 26 Jan 25 Copper 2977-2978 2967-2968 3002-3003 3002.5-3003.5 3020-3022 Lead 654.5-655.5 648-649 673.5-674.5 676…
Barrick drilling Walsh Lake
Drilling by Barrick Gold (TSE) is in progress on Nebex Resources’ (ASE) 75%-owned Walsh Lake gold project in Yellowknife, N.W.T. The senior gold producer is using two drills to follow up on induced-po…
Slide at Twin Creeks gold mine in Nevada
A slide in a section of pit wall at the Twin Creeks mine near Winnemucca, Nev., is expected to reduce gold production this year. Owner Santa Fe Pacific Gold (NYSE) reports that the slide brought down …
MINING IN AFRICA SPECIAL — Eden Roc looking to boost
Five diamond drills are back at work following a break for the holidays on a gold property operated by Eden Roc Mineral (TSE) in Ivory Coast. The junior is 51.6% controlled by Marshall Minerals (ASE),…
INSIDER TRADING — Goldcorp execs exercise options, sell
Two senior officers of Goldcorp (TSE) exercised options and sold shares in December. According to the Ontario Securities Commission’s OSC Bulletin, senior officer Catherine David-Nolan exercised 15,00…
EDITORIAL PAGE — Capitalism in Africa
Aristotle hit the nail squarely on the head, sometime back in the third century BC, when he called poverty “the parent of revolution and crime.” The states likely to be well administered, he noted, ar…
MINING IN AFRICA SPECIAL — Niger seeks to diversify mining
The African nation of Niger (not to be confused with Nigeria) is a landlocked country south of the Sahara Desert. The mining industry plays an important role in the economy, largely because of importa…
Drilling at Copper Mountain
Initial drilling on the Copper Mountain property near Mina, Nev., has returned several oxide copper intersections. Mina Resources, an affiliate of TSE-listed Quest Capital (formerly Noramco Mining), c…
MINING IN AFRICA SPECIAL — Mincor in production at
Management of Mincor Resources of Rouyn-Noranda, Que., is hoping this year to boost the annual rate of production at its Monarch gold mine in Mozambique to 25,000 oz. The company, created recently thr…