GREATEST VALUE TRADED, Dec 23-29
Value($000s)HighLowCloseChange Barrick Gold T82635$37 1/435 1/237 1/8+ 5/8Inmet Mining T51421$10 1/49 3/49 7/8- 3/8Inco Ltd T50278$45 1/244 3/845 1/2- 1/2Sherritt T41651$17…
News
NEWS ROUNDUP — Puma drills El Salado property
Drills are turning at El Salado, a gold deposit on the 400,000-hectare Uspallata property in Argentina.Puma Minerals (VSE), which is earning a half interest in the project from Argentina Mineral Devel…
PRODUCER PRICES (January 08, 1996)
ALUMINUM: MW U.S. market US78.5 cents-79.5 cents per lb. (Dec. 15, 1995).ANTIMONY: MW New York dealer US$2.00-2.20 per lb. (Dec. 8, 1995).BISMUTH: MW New York dealer US$4.10-4.30 per lb. (Dec. 8, 1995…
Viceroy and MK settle dispute
A settlement has been reached in the dispute over the mining contract at the Castle Mountain open-pit, heap-leach gold mine in California.Joint-venture partners Viceroy Resources (TSE) and MK Gold (NA…
Moneta adds claims at Nighthawk Lake
Timmins-based junior Moneta Porcupine Mines (TSE) has taken an option on a patented property on the northern shore of Nighthawk Lake, 30 km east of Timmins. The property is adjacent to Moneta’s Nighth…
International African Mining goes public to explore in Mali
Privately owned International African Mining Gold (IAMGOLD) has applied for public listing on the Toronto Stock Exchange.Proceeds from an initial public offering will be used to explore gold propertie…
Golden Reward expansion in jeopardy
There’s gold in them thar ski hills. And if mining permits are not granted, that is where the gold will stay.The risk that it may prove difficult to get approval for expansion of the Golden Reward min…
Arimetco buys Paradise Peak operation
Arimetco International (TSE) has acquired the Paradise Peak operation from FMC Gold (NYSE). The operation, situated near Gabbs, Nev., comes complete with a gold processing plant.Arimetco paid FMC US$2…
Arequipa unveils drilling results
Peruvian explorer Arequipa Resources (TSE) has revealed some encouraging drill results from its copper prospect known as Los Calatos.Situated in the southern part of the country, the property spans 8,…
Princeton lands provincial approval for Huckleberry
Regulators finally have approved development plans for the Huckleberry copper deposit near Smithers, B.C.Princeton Mining (TSE) had expected to receive the approval by early September, but the procedu…
PEOPLE — SERENGETI DIAMONDS (January 08, 1996)
Ross Blusson, John (Jack) Johnson and Ian Park appointed directors; David Tremain appointed director and president; Deborah Craig appointed director, vice-president and general manager; and Ian Brown …
NEWS IN BRIEF (January 08, 1996)
Pacific Mariner Explorations (PMR:VSE) has changed its name to Abitibi Mining (ABB:VSE).