Golden Giant resumes mining
Fractures in the shaft at the Golden Giant mine near Marathon, Ont., were surficial only, and owner Hemlo Gold Mines was expected to have resumed underground operations by presstime. The fracturing, a…
1995
PEOPLE — ADIKANN GOLDFIELDS — J. Douglas appointed president.
Spot prices at a glance (December 25, 1995)
Wednesday, December 20, 1995Week’s Price (US)ChangeGold*$387.10-$1.00Silver*$ 5.12-$0.04Platinum*$405.65-$7.60Nickel**$ 3.66-$0.03Lead**$ 0.32-$0.01Copper{$ 1.30-$0.05Zinc{{$…
Index (December 25, 1995)
REGULAR DEPTSCareersClassified AdvertisingCommentaryDiamond DrillersDiamond NewsEditorialsMetal PricesOdds `n’ SodsPeopleProfessional DirectoryStock MarketsSubscriber Service…
METAL PRICES — FREE MARKET (December 25, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateDec. 19Dec. 18Dec. 15Dec. 14Dec. 13Copper2840-2845 2910-29122868-28733000-30052990-2995Lead709-711702-703704.5-705.5725.5-726…
PEOPLE — ATTWOOD GOLD — Kenneth Berry appointed director.
Venture combines Acadia, two offshore companies
Three companies would be folded into one under a proposed restructuring plan for Acadia Mineral Ventures (CDN).The arrangement would see Messina Copper (Botswana), owner of a Botswanan copper property…
Meetings (December 25, 1995)
MEETINGSJan. 3, Kuma Res. Jan. 4, Starcore Jan. 4, Teuton Jan. 5, AbaddonJan. 5, Mishibishu Jan. 5, Dufresnoy Jan. 8, Banff Jan. 8, Int’l Star Jan. 9, Lago Jan. 9, MinorcaJan. 9, PointerJan. 10, GMD R…
PEOPLE — BRITANNIA GOLD — George Poling appointed director; William Murray appointed vice-president of operations; John Nilsson appointed vice-president of mining; Terry O’Kane appointed vice-president of technical services; and David Horst appointed vice-president of government affairs.
GOLD FUNDS (December 25, 1995)
Gold Funds as of December 14, 1995BGRCentralNet Value$17.53$6.58Price$14.13$6.375Discount19.43%3.1%Value$137,066,000$115,383,038…
DIAMOND NEWS ROUNDUP — Spider, KWG discover diamonds in James Bay Lowlands
The Kyle 3 kimberlite in the James Bay Lowlands of northern Ontario has yielded 104 diamonds.Four holes drilled by partners Spider Resources (ASE) and KWG Resources (TSE) intersected a diamondiferous …