1994

Canarc drilling in Venezuela

Drilling is under way on the Aurora property in Venezuela. Canarc Resource (VSE) is funding the work under a 50-50 joint-venture agreement with Tombstone Explorations (VSE). Surface exploration over t…


Altai active at Manto Azul

A feasibility study is in progress on the Manto Azul copper project in west-central Peru, Altai Resources (TSE) reports. Acid leach column tests show that 77% of the total copper and 98% of the solubl…


Rio Narcea explores Spanish prospects

Denver-based Rio Narcea Gold (TSE) has acquired its second group of gold exploration properties in northern Spain. The Ibias project, in Asturias province, includes 78 sq. km of investigation permits …


Heat sources studied at deep Homestake mine

A graduate student of the University of Nevada, in Reno, has been trying to help Homestake Mining save on its air-conditioning bill at its deep gold mine in South Dakota. Ian Duckworth, a mining engin…



PEOPLE — GOLDNEV

Leslie MacConnell appointed president and chief executive officer.






METAL PRICES (September 19, 1994)

London Metal Exchange Spot closing prices in $US per tonne Date Sept.13 Sept.12 Sept.9 Sept.8 Sept.7 Copper 2503-2504 2497.5-2498.5 2481-2482 2473-2474 2467.5-2468.5 Lead 616-617 611-612 608.5-609.5 6…


Spot prices at a glance (September 19, 1994)

Week’s Price (US) Change Gold* $390.40 + $2.00 Silver* $ 5.46 $0.05 Platinum* $416.75 $3.00 Nickel** $ 2.94 + $0.15 Lead** $ 0.28 + $0.01 Copper $ 1.13 + $0.01 Zinc $ 0.44 $0.00 Courtesy of Scotiabank…


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