Drilling extends Jean-Gobele property at depth
Partners Emerging Africa Gold (EAG-C) and West Africa Mining Exploration (SMF-M) are proving up the Jean-Gobele gold property in Guinea.In a 5-hole program, southeast of the main Gobele vein, the part…
News
Cambior suspends zinc operation
Montreal-based Cambior (CBJ-T) has suspended zinc production at its Gonzague-Langlois mine, near Lebel-sur-Quevillon, Que.The temporary closure is attributed both to weak zinc prices and the need to m…
Inmet abandons Ubina project
After completing a reconnaissance drill program, Inmet Mining (IMN-T) has terminated its option on Takla Star Resources’ (TKR-A) Ubina gold-silver project in Bolivia.The best values encountered in the…
PEOPLE — VENTURES RES. (December 09, 1996)
Peter Thomson appointed chairman; R. Sheardown appointed president and chief executive officer.
Six more pioneers inducted into Hall of Fame
The Canadian Mining Hall of Fame will induct six pioneers during its annual dinner on Jan. 22, 1997, in Toronto.The inductees will bring to 76 the number of individuals admitted to the Hall, which was…
EDITORIAL PAGE — Hardball or spitball?
The Voisey’s Bay nickel deposit in Labrador is an asset of strategic importance to Inco, which is why the major worked hard to defeat rival Falconbridge in the bidding war for the deposit earlier this…
GREATEST VALUE TRADED, Nov. 27-Dec. 3
ExchgValue($000s)HighLowCloseChangeBarrick GoldT7…
PRODUCER PRICES (December 09, 1996)
ALUMINIUM: LME settlements US$1,489.50 per tonne (Dec. 3/96), alloy US$1,332 per tonne (Dec. 3/96).ANTIMONY: Composite free market, US$1,990 per tonne (Dec. 2/96).BISMUTH: Composite free market US$3.3…
THE DIAMOND PAGE — Birdseye no bull’s-eye
A geophysical anomaly at the Birdseye property in central Saskatchewan does not appear to be kimberlite-related.Partners Big I Developments (BID-V) and Golden Kootenay Resources (GKK-A) tested the ano…
COMMENTARY — Looking back — and ahead
Gisele Jacob is vice-president of public affairs at the Mining Association of Canada. She has written this article at the request of “Keep Mining in Canada,” a grassroots campaign designed to increase…
World Wide to merge with Kazakstan Goldfields
A proposed merger between World Wide Minerals (WWS-T) and Kazakstan Goldfields (KGFC-C) will create the largest foreign-owned mining company in Kazakstan.The surviving entity, World Wide Minerals, wil…
Gold Funds (December 09, 1996)
Gold Funds as of November 28, 1996BGRCentralNet Value$22.28$6.06Price$17.20…