PRODUCER PRICES (August 07, 1995)
ALUMINUM: MW U.S. market US88 cents-89 cents per lb. (July 28, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$3.60-3.70 per lb. (July 21, 1995)….
News
Cobalt heritage sites face threat
Once the world’s leading silver camp, Cobalt, Ont., is in danger of losing all traces of her long mining history.The mining landmarks are unlikely to survive unless the townspeople and Agnico-Eagle Mi…
EDITORIAL PAGE — Environmental survey signals shift in perspectives
Each year, thousands of idealistic young people, together with aging doom-and-gloomers, knock on doors to raise funds for environmental groups such as Greenpeace.Lately, however, canvassers are encoun…
Louvicourt sweetens Aur’s earnings
As expected, the Louvicourt mine in Val d’Or, Que., is bolstering the earnings of Aur Resources (TSE).For the first half of 1995, the mine produced 38.7 million lb. copper, 16.9 million lb. zinc, 14,6…
Mixed numbers reported from Golden Bear
Infill drilling on the Ursa zone at the Golden Bear mine property in northwestern British Columbia is confirming previous high-grade gold intersections for Wheaton River Minerals (TSE), although stepo…
Sutton intersects high-grade gold at Bulyanhulu project
Extensive drilling on the Bulyanhulu gold project in Tanzania is encountering significant gold mineralization well below previous depths.Sutton Resources (VSE), which acquired the project a year ago, …
Nelson builds gold project in Tajikistan
The Zeravshan mining project in Tajikistan will be ready for commercial gold production by the first quarter of 1996.Operator Nelson Gold (TSE) has a 49% joint-venture interest in Zeravshan, while the…
Bolivar tests gold targets at concession in Venezuela
Exploratory drilling by Bolivar Goldfields (TSE) is testing the Loma prospect and other targets at the Nena gold project in the Chicanan district of Venezuela.The 2,000-hectare exploitation concession…
Records set at Lac des Isles
The second quarter of 1995 saw Toronto-listed North American Palladium (NAP) set a production record at its Lac des Isles platinum-palladium mine near Thunder Bay, Ont.Output of 206,700 tons surpassed…
French company eyes diamonds
French-based Guyanor Ressources (TSE) will explore a 25-sq.-km property in central French Guiana that contains a known diamond occurrence.Diamonds were discovered in the Inini area in 1978 when Bureau…
LABRADOR NEWS ROUNDUP — Lakefield Minerals acquires Minipi land
The Minipi Lake area, about 100 km southwest of Goose Bay, has attracted several junior exploration companies seeking anorthosite-hosted base metals.Lakefield Minerals (CDN) recently purchased claims …
LETTERS TO THE EDITOR — Others contributed to Troilus
I wish to bring some facts to your attention regarding the photo accompanying the front-page story on Inmet’s exploration incentive bonus plan for the Troilus discovery (T.N.M., July 3/95).I am a form…