News


New silver coins are for the birds

The Royal Canadian Mint in Ottawa has launched its 1995 series 50-cent sterling silver coins. The 4-coin series salutes the “birds of Canada.”Featured on the reverse side are the Atlantic puffin, the …


Hall of Fame seeks nominations

The Canadian Mining Hall of Fame has issued its yearly call for nominations.The next group of inductees will be formally honored at a dinner on Jan. 8, 1996. The Hall, established in 1989, has 62 memb…



Meteorite has unique composition

A meteorite discovered almost 10 years ago on a beach near the town of Penouille in Quebec’s Gaspe region was recently recovered by a committee of the Canadian Space Agency.The space rock was found by…


CIM conference in Halifax

The annual meeting of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), scheduled for May 14-18 in Halifax, N.S., is expected to draw about 2,500 delegates, guests and exhibitors from …


Gold Funds (April 24, 1995)

Gold Funds as of Apr. 18BGRCentralNet Value$17.12$6.74Price$14.63$7.00Discount14.57%Premium3.9%Value$133,841,000$126,695,100…


Rio Narcea boosts reserves at Spanish gold prospect

Drilling has confirmed the strike extension and continuity of high-grade gold mineralization at the Valle-Boinas gold deposit in northern Spain, reports Rio Narcea Gold Mines (TSE).At the Boinas West …



Spot prices at a glance (April 24, 1995)

Wednesday, Apr. 19Week’sPrice (US)ChangeGold*$396.95+$7.15Silver*$5.92+$0.58Platinum*$461.25+$11.75Nickel**$3.28-$0.03Lead**$0.27$0.00Copper$1.32-$0.02Zinc$0.48 $0.00…



Commentary — Public holidays and mining

The Chamber and its members have registered strong disapproval of the state’s action to increase the number of national public holidays to 12 days, noting that this will incur significant costs in the…


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