Placer corrects claim to mine safety record
As a result of a previously unidentified lost-time accident at Placer Dome’s Campbell gold mine, the mine is correcting its claim to a Canadian safety record.Placer Dome reported 1.8 million man hours…
News
Noranda defends stake in New World project
Even when surrounded by its own shareholders, Noranda (TSE) can not avoid the controversy over the New World gold-copper-silver project in Montana.At the annual meeting, shareholder James Barrett, a r…
Barrick aims to take top spot in gold production
The world’s top gold producer — that’s the title Barrick Gold (TSE) hopes to win in the years ahead through key acquisitions, worldwide exploration and a network of joint ventures.Chairman Peter Munk…
Strike closes TVX’s Casa Berardi mine
Production at TVX Gold’s Casa Berardi gold mine in northwestern Quebec has been halted following a walkout by 220 employees.Members of Casa Berardi Syndicat des Metallos d’Amerique union rejected the …
CIM pays homage to legendary editor of The Northern Miner
For his 43 years of reporting at The Northern Miner, M.R. (Mort) Brown will receive a lifetime achievement award.The presentation will be made at the Journalism Awards ceremony during the annual gener…
Golden Star moves into Eritrea
In an agreement with the East African nation of Eritrea, Golden Star Resources (TSE) and its 60%-owned subsidiary, Pan African Resources (CDN), have acquired an exploration licence covering the Galla …
Leader Mining picks up Knife Lake copper property in N.E. Saskatchewan
Alberta-listed Leader Mining International has taken an option on the Knife Lake copper property in northeastern Saskatchewan from Copperquest (CDN).Leader will spend $1 million on exploration over th…
Exploration picks up steam in Ontario’s Red Lake camp
Exploration in the Red Lake district of northwestern Ontario has not been restricted to the area around the two major producing mines east of town.While the western part of the belt is usually quieter…
Juniors flock to site of recent Band-Ore find
Band-Ore Resources’ (CDN) gold discovery in Thorneloe Twp., west of Timmins, Ont., has junior companies taking notice of the potential for mineralization in pyritic quartz-sericite schist occurrences …
PRODUCER PRICES (May 06, 1996)
ALUMINIUM: MW U.S. market US74-75 cents per lb. (April 26, 1996).ANTIMONY: MW New York dealer US$1.80-$1.90 per lb. (April 26, 1996).BISMUTH: MW New York dealer US$3.80-3.95 per lb. (April 26, 1996).C…
THE DIAMOND PAGE — Jericho project enters new development phase
Partners Lytton Minerals (TSE) and New Indigo Resources (ASE) are proceeding with underground bulk sampling on the land-based JD/OD-1 kimberlite pipe at the Jericho diamond project in the Northwest Te…
Drilling progresses at Canabrava diamond play
Exploration for the source of alluvial diamonds is continuing at the Canabrava project in the Coromandel district of Minas Gerais, Brazil.Teck (TSE), which can earn a 60% interest in the project from …