Centurion strikes gold in Utah
Utah-based Centurion Mines (NASDAQ) has hit gold mineralization at its Blue Mountain property, 30 miles west of Milford, Utah. Two of four shallow drill holes encountered ore-grade mineralization, inc…
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PRODUCER PRICES (August 21, 1995)
ALUMINUM: MW U.S. market US88 cents-89 cents per lb. (August 11, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$3.65-3.75 per lb. (August 4, 199…
Toronto Stock Exchange Indices (August 21, 1995)
— 1995 — Aug 15Aug 14Aug 11Aug 10Aug 9HighLowComposite”300″4593.274598.514588.404609.544623.914718.273983.34Metals&Minerals4961.374954.524980.244997.535010.325194.633273.56Inte…
GREATEST VALUE TRADED, AUGUST 9-15
Exchange Value($000s) High LowCloseChange Inco Ltd T124947$47 1/246 1/847 3/8+1/4Placer Dome T97749$36 5/833 7/836 1/2+1 1/4Barrick Gold T90227$35 3/433 5/835 5/8+3/4Falconbridg…
EDITORIAL PAGE — A hollow victory?
The recent ribbon-cutting ceremony at the Eskay Creek gold-silver mine north of Stewart marks the first mine opening in British Columbia in five years.Premier Michael Harcourt, Mines Minister Anne Edw…
Gold demand continues to grow
Broad-based, worldwide demand for gold continued to grow in the second quarter.The latest issue of Gold Demand Trends, published by the World Gold Council, indicates that investors continued to show e…
Permits issued for Briggs gold deposit
Colorado-based Canyon Resources (NASDAQ) has received all major permits for construction of the Briggs gold deposit in southeastern California.However, the company has received two appeals concerning …
Int’l Gold banks on Bibiani deposit
A feasibility study on the Bibiani gold deposit in Ghana has concluded that the project is “robust and economically viable.”The deposit, owned 45% by International Gold Resources (TSE) and 55% by the …
Drilling at Petaquilla focuses on Valle Grande
Drilling at the Petaquilla property in Panama is testing the starter-pit potential of the Valle Grande zone.Adrian Resources (TSE) reports that classic porphyry-style mineralization begins at surface …
LETTER TO THE EDITOR — Reunion planned for Salmo, B.C.
A long-awaited reunion is planned for next summer in the historic mining community of Salmo, B.C.Former residents, and employees of the district’s past producing mines, are invited to join together an…
Noranda to test SX-EW at Gaspe
Solvent extraction-electrowinning technology (SX-EW) will be applied to stockpiled copper oxide ores at Noranda’s (TSE) Gasp mine in Quebec.The company will spend $4 million constructing a pilot plan…
Allegheny acquires Atikokan acreage
Further land has been acquired by Allegheny Mines (ASE) in the Atikokan gold camp, surrounding its existing property on the former Atiko-Sapawe gold mine.Allegheny now holds more than 300 claims in th…