News


SX-EW copper rises to record levels

Cathode copper produced by solvent extraction electrowinning (SX-EW) exceeded 1 million tonnes in 1995 and will rise to 2.3 million tonnes by the year 2000, representing about 20% of refined productio…


Yamana gains ground in Chile’s El Indio belt

Yamana Resources (TSE) has signed option agreements covering 13,200 hectares in the Chilean mineral belt known as El Indio.The company can acquire four gold exploration properties for US$235,000, paya…


Greenstone adopts rights protection plan

The board of directors at Greenstone Resources (TSE) has adopted a shareholders’ rights plan to encourage what it refers to as the fair treatment of its shareholders in connection with any takeover of…


ODDS’N’SODS — Dog days in Red Lake

Charles Henrick was one of the first men to arrive at Red Lake in northwestern Ontario during the gold rush of 1926, though not for the reasons, nor in the way, one might imagine.He was living in Engl…



Spot prices at a glance (February 19, 1996)

Wednesday, February 14, 1996Week’s Price (US)ChangeGold*$403.90-$10.85Silver*$ 5.69-$0.13Platinum*$421.50-$9.50Nickel**$ 3.68-$0.12Lead**$ 0.34-$0.01Copper $ 1.14-$0.03Zinca$ …


Barrick options La Grande

An agreement with Diabior Explorations (ME) will see Barrick Gold (TSE) acquire a 50% interest in the northern and southwestern part of La Grande, a gold property in northwestern Quebec.The property l…


Metal prices — FREE MARKET

London Metal ExchangeSpot closing prices in $US per tonneDateFeb. 12 Feb. 11Feb. 9Feb. 8Feb. 7Copper2502-2504 2550-25532573.5-2575.52567.5-2569.52585-2590Lead747-748 758-759759-760 760-7…


Orvana to drill Butte Highlands

Drilling is expected to begin in May on the Butte Highlands property in Montana. Orvana Minerals (TSE) is planning a 25,000-ft. program, including infill drilling on the Nevin Hill resource, as well a…


Equity financing nets William $29m

Toronto-listed William Resources has closed a special warrant equity financing with an underwriting group that will enable it to begin taking over Australian-based Valdora Minerals.The financing consi…



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