U.S. Mining Law reform back on agenda
After a fruitless attempt last year, lawmakers are again trying their luck at reforming the U.S. Mining Law of 1872. What has yet to be determined is whether the new political makeup of Congress will …
News
New overseas mines give boost to Metall
With two new mines operating at or near commercial production levels and with development work under way at several others, Metall Mining (TSE) expects to continue growing in 1995. Last fall, the Toro…
Dakota raises funds for Anchor Hill
From the sale of special warrants, Dakota Mining (TSE) received US$6 million in gross proceeds to finance development of the Anchor Hill project at the Gilt Edge gold mine near Deadwood, S.D. The comp…
Financing secured for Fort Knox
Financing has been secured for development of the Fort Knox gold deposit in Alaska. Cyprus Amax Minerals (NYSE) made available to Amax Gold (NYSE) US$80 million in revolving credit. The money is in ad…
Gold Funds (April 03, 1995)
Gold Funds as of Mar. 28 BGR Central Net Value $16.06 $6.55 Price $13.75 $6.50 Discount 14.37% 0.8% Value $125,539,000 $118,526,736…
STOCK MARKETS — Diamond issues add sparkle to western
Western markets shook off the winter blues over the report period ended March 28, with the resource index adding more than 40 points to finish at 1,152.37. The composite index followed with a more mod…
Diamond News Roundup — Micros, macros in Drybones Bay core
VSE-listed Trade Winds Resources has reported partial dia-mond processing results from three holes drilled on the Drybones Bay kimberlite pipe. According to Lakefield Research, the core contains both …
Students engage in mining games
The fifth annual Canadian Mining Games were hosted this year by McGill Mining Engineering in conjunction with Genie des Mines de l’Ecole Polytechnique of Montreal. In addition to attracting engineerin…
Spotlight on the Philippines
The new investment climate and mining opportunities in the Philippines will be discussed at an April 7 breakfast seminar at the offices of the Toronto Board of Trade. The seminar, to run from 8 to 11 …
COMMENTARY — Mining in Canada: a look ahead
Federal Minister of Natural Resources Anne McLellan is writing this column at the invitation of “Keep Mining In Canada,” a national grassroots campaign designed to increase public awareness of the imp…
LETTERS TO THE EDITOR — Diamond exploration scene could use
The recent convention, in Toronto, of the Prospectors and Developers Association of Canada was an example of what these gatherings are all about: exchanging ideas, dealing on properties and renewing o…
Princeton expands Elenita deposit
A drill program in northern Chile continues to expand the potential size of the Elenita oxide copper deposit. Owner Princeton Mining (TSE), which hopes to develop Elenita as an open-pit, solvent-extra…