Chapleau hits values at Sewell Brook
A drill hole at the Sewell Brook project in north-central New Brunswick hit four zones of base metal mineralization.Chapleau Resources (CHI-T) is drilling the property in order to earn a 50% interest …
News
Delegation unveils rules for foreign investment in China’s gold sector at Southeast Asian conference
Chief Engineer Yang Dali and a delegation of officials from the China Gold Bureau will visit Canada to provide details of newly drafted regulations governing gold exploration and mining in their count…
PEOPLE — AZCO MINING (September 16, 1996)
Ian Gray appointed director.
PEOPLE — ARLO RES. (September 16, 1996)
Roberto Brenes and Luis Moreno elected directors.
Sutton alleges secret agreement
The ongoing battle for control of Sutton Resources (STT-V) has taken a new direction, with the company accusing its former chairman of making a secret deal to joint-venture its Tanzanian gold property…
PEOPLE — ALPINE EXPLORATION (September 16, 1996)
Donald Nicholson appointed director.
Rattlesnake Hills believed to have gold potential
Speculation is growing that a large-tonnage, low-grade gold deposit exists in the Granite Mountains of central Wyoming.The detection of significant gold anomalies in Rattlesnake Hills dates to the ear…
Manitoba Mines Dept. unveils web site
Manitoba Energy and Mines is the latest government mining department to obtain a listing on the Internet.The department can be reached on the World Wide Web athttp://www.gov.mb.ca/emThe web site inclu…
THE DIAMOND PAGE — American Gem considers merger
Montana-based American Gem (GEM-T) is considering a merger with Great Northern Mining, the world’s largest sapphire producer.Great Northern operates sapphire mines in Australia and has gem-cutting fac…
LONDON METAL EXCHANGE STOCKS
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Sept.9/96 (change from previous week in brackets):Copper271,150(-4,625)Tin10,165(-475)Lead110,975(+100)Zinc556,850(-5,625)A…
COMMENTARY — A penny saved
Americans are demonstrating continual, overwhelming support for the penny.Recently, the future of the coin was discussed at a hearing presided over by Congressman Michael Castle, chairman of the House…
Anvil Range pays off bridge loan
Strong earnings from the Faro mine in the Yukon have enabled new owner Anvil Range (ARO-T) to prepay a US$15-million bridge loan to its major shareholder, Hyundai Canada.Financing for the early repaym…