PRODUCER PRICES (April 08, 1996)
ALUMINUM: MW U.S. market US76-77 cents per lb. (March 22, 1996).ANTIMONY: MW New York dealer US$1.85-2.00 per lb. (Feb. 29, 1996).BISMUTH: MW New York dealer US$3.90-4.05 per lb. (Feb. 29, 1996).CADMI…
1996
Northern Crown drills in Mexico (April 08, 1996)
Drilling is under way on nine targets at the Mesa Galindo project in Mexico.Northern Crown Mines (VSE) has received results from eight holes drilled on three separate bulk-tonnage targets, which retur…
Arimetco to restart Paradise Peak
Toronto-listed Arimetco International is moving ahead with plans to reactivate the Paradise Peak gold mine in Nevada.The company requires another two months to prepare the leach pads and recondition t…
PEOPLE (April 08, 1996)
ABACUS MINERALS — Ken Thornsen appointed director.ACE DEVELOPMENTS — Jacek Pawlowski appointed vice-president of finance and chief financial officer.ATNA RES. — Lukas Lundin appointed director; Nan…
Birim extends Mampon showing
Drilling by Birim Goldfields (CDN) on the Dunkwa property in Ghana has extended the length of the Mampon zone by 150 metres.Another four holes extended the strike length, which remains open in both di…
Drilling tests Schumacher property
The re-interpretation of drill cores from the Schumacher property east of Timmins, Ont., suggests the claim group may host two sets of flat-lying veins, in addition to the nearly vertical, east-striki…
Companies (April 08, 1996)
AMT Int’l M’gArchangel DmndArequipa Res.Arimetco Int’lArista Res.Ashanti GldfldsAshtn Mg of CdaAuckland Expl.Aurizon MinesAuspex MineralsBaja GoldBirim GldfldsBlack Hawk M’gBlack Swan GoldBre-X Minera…
Bre-X renews CoWs for Indonesian properties
Directors of Bre-X Minerals (ASE) moved to reassure investors following reports in the financial press that cast doubt on the analytical methods the company has used at its Busang project on the Indon…
Hecla hits high grade in Idaho
Four drill holes testing the expansion of Hecla Mining’s (NYSE) Lucky Friday silver mine have intersected high-grade silver mineralization beneath the adjacent Gold Hunter mine. Both projects are in t…
Cobalt the focus of conference
The Marlborough Hotel in London, England, will play host to the 1996 Cobalt Conference from May 22 to 23.Organized by the Cobalt Development Institute, the conference will explore new markets, product…
Princeton gets nod for Huckleberry
Princeton Mining (TSE) has received federal approval to proceed with development of the Huckleberry open-pit copper mine near Houston, B.C.Princeton is developing the mine in concert with a consortium…
Exall buys stake in Hislop-Beatty
A final feasibility study at the Hislop-Beatty gold property near Matheson, Ont., has prompted Exall Resources (TSE) to buy a 60% interest from Hemlo Gold Mines (TSE).The remaining 40% is held by Glim…