1996

Predicting gold prices is not for the faint of heart. Nevertheless, when the price broke through US$400 per oz. in early February, several analysts noted that the yellow metal was clearly in an uptren…

ALUMINUM: MW U.S. market US74.5 cents-75.5 cents per lb. (Feb. 9, 1996).ANTIMONY: MW New York dealer US$2.00-2.20 per lb. (Dec. 8, 1995).BISMUTH: MW New York dealer US$4.05-4.30 per lb. (Feb. 2, 1995)…

Canadian junior Antares Mining & Exploration (TSE) has agreed to buy a 50% equity interest in Rappa Holdings, a South African-based gold producer.Antares will pay $5 million for the interest in Rappa,…

Precious and base metal mineralization at the Tambo property in southern Peru is being trenched in an effort to define drill targets.The 25,400-hectare parcel of land is one of 11 Peruvian properties …

Timbuktu Gold (ASE) has completed the private placement of 4 million shares at $1.30 per share for net proceeds of $4.8 million.The company will use the funds for exploration of its properties in Mali…

MEETINGSMarch 5, Braiden March 5, Canadian Reserve Gold March 6, Rhino March 7, Chargold March 7, Latin American Gold March 8, Copper Dome March 8, Jilbey March 8, Kookaburra March 8, Golden Hill Marc…

Mapping and sampling will be carried out at the Peruvian properties of Queenstake Resources (TSE).The work is intended to define drill targets at the Chupaca and Olleros properties in an effort to def…

John Arlitt appointed director.

Jacques Trottier appointed president; Guy Hebert and Jean Rainville ap- pointed directors.

Carl Huston appointed director.

Richard Atkinson, James Morton and Siegfried Muessig appointed directors.

A strong fourth quarter and record gold production led Battle Mountain Gold (NYSE) to post net income for 1995.After quarterly dividends, Battle Mountain earned US$512,000 (or 1 cents per share) durin…