News

Tiomin feasibility study continues

A feasibility study is in progress at the 18,000-hectare Natashquan heavy mineral sands deposit along Quebec’s northern shore. Project operator Tiomin Resources (ME) expects a 20-year mine plan to be …


Major General makes Nfld. plans

Having received final drill results from its properties near Springdale, Nfld., Major General Resources (VSE) intends to continue exploring its 564 claims in the area. The claims cover a 15-km strike …


Spot prices at a glance (February 20, 1995)

Week’s Price (US) Change Gold* $376.90 + $2.10 Silver* $4.76 + $0.09 Platinum* $414.00 + $5.25 Nickel** $3.77 + $0.15 Lead** $0.26 + $0.01 Copper $1.31 + $0.03 Zinc $0.45 $0.00 Courtesy of Scotiabank….


INSIDER TRADING — San Fernando officers make share

Two senior officers of San Fernando Mining (VSE) completed share transactions in December. According to the Ontario Securities Commission’s OSC Bulletin, senior officer David Duval bought 1,000 shares…



Partners explore Cerro Verde

The Mexican subsidiaries of Corner Bay Minerals (TSE) and Magma Copper (NYSE) have reached an exploration agreement concerning the Cerro Verde copper property, southeast of Hermisillo in Sonora state….


Coeur’s Rochester receives award

The Rochester mine of Coeur d’Alene Mines (NYSE) has received an environmental award from the Nevada Association of Conservation Districts. The award, for “distinguished service to conservation,” was …


COMMENTARY — Time to be more vocal

The following is from a speech by Jeffery Grade, chairman of Harnischfeger Industries, which appeared in a recent issue of the American Mining Congress publication, “Washington Concentrates:” For 100 …


BOOK BRIEF — Life underground

Fire in the Hole: The untold story of hardrock miners, by Jerry Dolph. Published by Washington State University Press, Pullman, Wash. 99164-5910, U.S.A. 174 pages. Illustrated. US$28 in paperback, US$…


Base metal prices put Cominco back in black

Several positive factors — improved sales and production volumes, higher base metal prices and a favorable exchange rate — helped Cominco (TSE) report net income of $132.1 million for 1994, compared…


Britannia options ground to Noranda

The Las Lomas prospect in northern Peru is the subject of an option agreement between Britannia Gold’s (VSE) half-owned Peruvian subsidiary, Minera Britannia Gold, and Noranda (TSE). By financing expl…


Rio Amarillo drills Chachacomiri

Diamond drilling on the Chachacomiri silver-gold-tin property near Potosi, Bolivia, should be completed by March. Partners Rio Amarillo Mining (VSE) and Cominco Resources International (TSE) expect to…


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