METAL PRICES — FREE MARKET (September 02, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateAug. 27Aug. 26Aug. 23Aug. 22Aug. 21…
News
DIAMOND NEWS ROUNDUP — Lytton, Pure Gold team with Ashton
Ashton Mining of Canada (ACA-T) can earn a 51% interest in the JC claim block in the Northwest Territories.Ownership of the JC block, 120 km north of Lac de Gras, is split equally between Lytton Miner…
Canada Tungsten profits from sale of assets
Proceeds from the sale of non-core assets put Canada Tungsten (CTG-T) in the black for the first half of 1996.For the six months ended June 30, CanTung netted $700,000 (or 2 cents per share) on revenu…
MSV reports loss in second quarter
With the shutdown of the Eastmain mine behind it, MSV Resources (MSV-M) is striving to return the company to profitability.The company reported a second quarter loss of $940,138 for the period ended J…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Gold resource grows at Porgera
More than 6 million oz. gold have been produced at the Porgera gold mine in Papua New Guinea, a combined open-pit and underground operation which is celebrating its sixth anniversary this month.Placer…
Junior mining companies flock to Zaire
Zaire has suddenly emerged as a popular destination for Canadian mining capital as an increasing number of juniors sign agreements for exploration and development in the Central African country.Alhoug…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Teck extends gold search to Australia
By acquiring an interest in two junior Australian companies, Teck (TEK-T) has expanded its gold exploration efforts.The company has gained a 15% stake in Camelot Resources by purchasing 21.5 million o…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Daisy on track for 1997 opening
With all key permits and approvals in hand, construction of the Daisy gold mine in Nevada is well under way and startup is projected for early 1997.Inter-Rock Gold (IRO-T) owns 65% of the operation, w…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Junior raises $40 million to explore Nevada’s prolific gold trends
Newly listed Oro Nevada Resources (ONV-A) has raised $40 million to acquire, explore, develop and mine properties situated on Nevada’s Battle Mountain and Carlin trends.While this size of exploration …
LETTER TO THE EDITOR — Reader smells something fishy in recent letter
Judging from his letter, which appeared in your Aug. 19 issue (“Ottawa may be setting a dangerous precedent”), Chris O’Brien is an environmental activist la carte. He knows as much about fish as I do …
Results add lustre to Santa Anna property
The outlook for the Santa Anna gold deposit in northwestern Quebec looks increasingly rosy as drilling continues.Altavista Mines (AIA-M), owner of the project, recently hit 111 intersections grading m…
NEWS ROUNDUP — Highwood merges with Mountain
Juniors Highwood Resources (HWD-T) and Mountain Minerals (MIM-T) are merging to create a company specializing in industrial minerals and specialty metals.As a result of the merger, shareholders of Mou…