News
Alaskan data being released
The state of Alaska has released new geophysical data on the Rampart and Hot Springs mining districts in the central part of the state.The information packet includes detailed aeromagnetic and resisti…
CIM sponsors hydrometallurgy conference
The second international Symposium on Iron Control in Hydrometallurgy, in combination with the 26th Annual Hydrometallurgical Meeting, will be held at the Westin Hotel in Ottawa from Oct. 20 to 23.The…
ODDS’N’SODS — In search of Mexican blondes
..LIn 1975, I was cruising around the Mexican state of Guerrero, looking at showings, and my travels took me through Chilpancingo.I decided to look up a 70-year-old mining engineer, Francisco by name,…
Fischer-Watt moves after merger
Fischer-Watt Gold (USOTC) has located two new gold veins at its Limon operation in Colombia.Drifting along the Aurora vein, 6 km south of El Limon in the Oronorte district of north-central Colombia, h…
B.C. mining industry gives Grit leader warm welcome
Members of the Mining Association of British Columbia gave the province’s Liberal leader, Gordon Campbell, a warm welcome at their 95th annual general meeting.In his keynote address to the group, Camp…
Cominco makes grab for RFC
Cominco (TSE) is making a $31.3-million takeover bid for RFC Resource Finance (TSE), whose primary asset is the Pend Oreille zinc-lead property in northeastern Washington state.Cominco is offering $1….
WGS publishes diamond, gold reports
Publications describing potential targets for exploration in the Wyoming geological province and elsewhere in the U.S. are available from the Wyoming State Geological Survey (WSGS).The publications re…
Potential of Kazakhstani project grows
Initial drill results from the Varvarinskoye gold-copper-silver deposit in northern Kazakhstan are confirming previous resource estimates.Kazakhstan Minerals (CDN) is attempting to confirm in situ res…
Greenstone raises US$25m for 1996
In order to fund all its planned 1996 programs without issuing any more equity, Greenstone Resources (TSE) has arranged US$25 million in debt financing.The financing consists of a US$15-million line o…
Reserves dip for Battle Mountain
While Battle Mountain Gold (NYSE) added 735,000 oz. gold to its reserve base in 1995, the amount was not sufficient to prevent a decrease in its overall inventory.The proven and probable figure stands…
STOCK MARKETS — Bulls and bears blunder blindly on TSE
The Toronto Stock Exchange rose fractionally between Feb. 28 and March 5, closing at 4,995.94, up 41.67 points (or 0.8%) on the week. Trading volume picked up slightly on the week, but, in general, th…