The processing of 1,265 kg of drill core from the Orion kimberlite pipe returned a low diamond count, suggesting the body is uneconomic.The Orion is the fourth kimberlite to be discovered on the Cross…
Gold Funds as of June 6, 1996BGRCentralNet Value$25.21$6.52Price$18.30$6.
Operating problems at the Limon gold mine in Nicaragua took their toll on Triton Mining (TTM-T) in the first quarter.The company lost $1.1 million (or 6 cents per share) on revenue of just under $4.8 …
1996June 11June 10June 7June 6June 5HighLowCompos…
Wednesday, June 12, 1996Week’s Price (US)ChangeGold*$384.50-$3.45Silver*$ 5.12…
Drills are turning on the Chirebroso mine zone at the Adansi Asaasi concession in Ghana, West Africa.The initial 15,000-metre diamond and reverse-circu-lation program is being carried out by Pacific C…
Drilling at the Boleo project in Baja California Sur, Mexico, will test the potential extension of a sedimentary-hosted zone of copper-cobalt mineralization.Canmex Minerals (CMX-V) plans to drill eigh…
The Toronto Stock Exchange fell sharply over the report period ended June 11, dragged down by plummeting resource stocks. The TSE 300 composite index lost 118.19 points or 2.3%, falling to 5,106.32. G…
In our June 10 issue, a report on the Thorne gold property near Timmins, Ont., included a photograph of Robert Duess, vice-president of exploration for Band-Ore Resources (BNDR-C), who was erroneously…
A Canadian man was killed in early June in an industrial accident in Kyrgyzstan.Kevin Lane, of Edmonton, Alta., was killed when he fell 12 metres while working at the Kumtor mill. The mill is part Cam…
A mine rescue team from the New Britannia mine in Snow Lake, Man., has won first place at a provincial competition.The team beat out competitors from Hudson Bay Mining & Smelting’s Flin Flon, Leaf Rap…
Canada produced an increasing amount of gold between March 1995 and March 1996, but the country’s production of silver, copper and nickel slipped.Production of lead, zinc and salt also increased over …
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