Lundin group to take on Gecamines JV
Vancouver-based Consolidated Eurocan Ventures (KEU-V) will receive the right to a joint venture to develop the Tenke Fungurume copper-cobalt deposit in Shaba province, Zaire.The company will have the …
News
MacDonald results marred by dispute
Bench development at the Big Golden Hill prospect in Cuba has exposed a zone of mineralization averaging 0.53 gram (0.015 oz.) gold per tonne over 372 metres and increased the potential to outline a h…
Eastfield, Prism advance gold properties in Nevada
The Tonapah district has a mining history dating back nearly a century, and now a chapter is about to be written by two Canadian juniors.Eastfield Resources (ETF-V) and Prism Resources (PRN-V) are ope…
PEOPLE — ARAUCO RES.
Kerry Knoll appointed chairman and chief executive officer; W. Golroy appointed president, chief operating officer and director; Derek Price appointed vice-president of finance and chief financial off…
PEOPLE — AMERICAN COMSTOCK (July 29, 1996)
Raymond Runcie appointed director.
Joutel expands gold resources in Cuba
New results have expanded the known gold resource at three Cuban projects of Joutel Resources (JTL-T).At the Zona Barita project, the 28-hole third phase of drilling is now complete, and a prefeasibil…
Troymin cuts copper and nickel in Quebec
Early drill results from the Hawk Ridge property have convinced Troymin Resources (TYR-M) that high-grade, copper-nickel deposits can be found in the Ungava region of northern Quebec.The company holds…
Int’l Taurus regains namesake property
Cyprus Canada, a wholly owned subsidiary of Cyprus Amax Minerals (CYM-N), is selling its right to earn up to a 70% interest in the Taurus property back to International Taurus Resources (ITU-V).The Va…
METAL PRICES — FREE MARKET (July 29, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateJuly 23July 22July 19July 18July 17…
PRODUCER PRICES (July 29, 1996)
ALUMINIUM: LME settlements US$1,462 per tonne (July 23, 1996), alloy US$1,220 per tonne (July 16, 1996).ANTIMONY: Composite free market, US$2,650 per tonne (July 22, 1996).BISMUTH: Composite free mark…
New zone found at Angostura
Drilling at the 1,750-hectare Angostura project in northeastern Colombia has identified a new gold-silver chert zone, about 1 km southwest of the Veta de Barro area.The drill program is funded by Chur…
Toronto Stock Exchange Indices (July 29, 1996)
1996July 23July 22July 19July 18July 17HighLowCom…