Development program for Inco’s Victor deposit
A $72-million development program on Inco’s (TSE) high-grade Victor copper-nickel deposit near Sudbury, Ont., is under way. The program, scheduled for completion over the next three years, will includ…
1994
NEWS ROUNDUP — Strike loses claims to rival
The mining recorder in Ontario’s Larder Lake mining division has made a ruling regarding the conflict between Sudbury Contact Minerals (TSE) and CDN-listed Strike Minerals. The case concerns three dis…
NEWS ROUNDUP — Van Ollie passes on Kremzar play
CDN-listed Van Ollie Explorations and three partners have opted out of a plan to buy the Kremzar gold mine near Wawa, Ont. The companies were to pay Canada Tungsten $2.5 million (of which $500,000 had…
Nickel production costs falling
Nickel production costs have fallen for three consecutive years and are set to decline further in the period 1995-1997, says British research firm Brook Hunt & Associates. In its publication Nickel In…
Drilling on El Dorado project
In El Salvador, a drill program of 8,000 metres is continuing on the gold project known as El Dorado, with crews focusing on three vein systems: El Dorado, La Coyatera North and Nueva Experanza. The p…
Giant mine trial under way
In Yellowknife, N.W.T., the trial has begun into the deaths of nine men at the Giant gold mine in September, 1992, following a bomb blast. Charged with nine counts of first-degree murder is Roger Warr…
Golden Band drilling in Mexico
Diamond drilling is in progress at the Bramador property, 45 km southeast of Puerto Vallarta, Mexico. The 1,000-metre program is testing the continuity and thickness of a massive sulphide horizon and …
THE DIAMOND PAGE — BHP sampling Diamond Field’s Namibian sea
BHP Minerals has begun reconnaissance drilling and sampling on Diamond Fields Resources’ (TSE) 660-sq.-km marine diamond concession near Luderitz, Namibia. The sampling follows a geophysical survey by…
Band-Ore acquires more Timmins properties
CDN-listed Band-Ore Resources recently acquired two properties near Timmins, Ont. In Denton and Thorneloe twps., the company acquired 20 leased and 120 unpatented mining claims from joint owners Homes…
NEWS ROUNDUP — Skyline drilling at Bronson Slope
In an effort to confirm both grade and tonnage, International Skyline Gold (TSE) is drilling a minimum of 3,500 ft. on its open-pittable Bronson Slope copper-gold porphyry deposit. Situated in the Isk…
Drilling tests Ursa zone
Exploration drilling at the Golden Bear property in northwestern British Columbia continues to return encouraging results for owner North American Metals (VSE). Hole 266 on the Ursa zone returned a 95…
METAL PRICES — FREE MARKET (November 07, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date Nov. 1 Oct. 31 Oct. 28 Oct. 27 Oct. 26 Copper 2712-2713 2664-2665 2668-2669 2661.5-2666.5 2621-2622 Lead 661.5-662.5 653-654 655-656 658…