News

Diamond mining giant De Beers Consolidated Mines reports that a “positive mood in the market” during the first half of 1996 resulted in record sales of US$2.75 billion and an 18% increase in earnings….

With only sparse outcrop exposure on its Goaso licence in southwestern Ghana, Patrician Gold Mines (PXX-A) has had to rely on select exploration tools to guide its search for gold mineralization.The c…

The first five holes of underground drilling at the Willoughby gold project near Stewart, B.C., have traced the North zone 230 ft. downdip from surface.Situated in the Red Mountain area, the project i…

ExchgValue($000s)HighLowCloseChangeArequipa ResT1…

1996Aug 13Aug 12Aug 9Aug 8Aug 7HighLowComposite”3…

Results were released by Rhonda Mining (RDM-A) for two targets drilled earlier this year by a unit of Noranda (NOR-T) at their 50-50 joint-venture Epworth project, 90 miles south of Coppermine, N.W.T….

In your editorial “Scams and scoundrels” (T.N.M., June 24/96), you classify laboratories into two categories: There are fraudulent labs and there are Canadian labs.There is a third category of laborat…

Countless meteorites have fallen throughout history, but fossilized meteorites, which fell millions of years ago and have been preserved in sedimentary rocks, are quite rare.Upon impact with the earth…

Low copper prices took their toll on Gibraltar Mines (GBM-T) during the first half of the year.The company reported a net loss of $340,000, compared with earnings of $2.3 million in the same period in…

Jamie Macintosh appointed president and director; Randy Martin appointed director.

Geddes Webster appointed director.

Jack Thompson elected president and chief executive officer.