1996

Odds ‘n’ Sods — An’ a one-a, an’ a two-a

Life in remote mining camps was often enriched with special comradeship. The people who lived and toiled there tended to foster close-knit relationships, and were often inspired by each other’s hobbie…


Hecla’s Lucky Friday sets safety record

Hecla Mining’s Lucky Friday mine reports that 1995 was its safest year in 56 years of operation.The last time-loss accident in the silver-lead mine, near Mullan, Idaho, occurred Dec. 19, 1994, for a t…


Mimiska funds Fern Elizabeth

Shares of Mimiska Mining have resumed trading on the Montreal Exchange.Funds from recent financings will be used to explore the company’s wholly-owned Fern Elizabeth gold property in Atikokan, Ont.


High River picks up Russian gold producer

Another Canadian company has found a ready market for its financing experience in the former Soviet Union. High River Gold (TSE) acquired 22.9% of Buryatzoloto, a Russian joint stock company with two …


Farallon satisfied with Minera Summit agreement

Ownership of the Mexican mineral concessions Campo Morado and La Alina, already under option to Farallon Resources (VSE), is being sought by Summex Mines (VSE).In October 1995, Farallon signed a deal …


COMMENTARY — Deep River wants waste facility

The citizens of Deep River, Ont., want to play host to Canada’s first low-level radioactive waste disposal facility. More than 70% of voters in a September, 1995, referendum were in favor of locating …


Copperstone to resume drilling of Boleo project

Drilling will resume this month at the Boleo copper-cobalt project in Baja California Sur, Mexico.Copperstone Resources (VSE), which is earning an 80% interest from Island-Arc Resources (VSE), plans t…


Spot prices at a glance (January 22, 1996)

Wednesday, January 17, 1996Week’sPrice (US)ChangeGold*$398.90+$2.15Silver*$ 5.49-$0.05Platinum*$419.75+$3.90Nickel**$ 3.54+$0.12Lead**$ 0.32+$0.01Copper $ 1.18$0.00Zinca$ 0.47+$0…


EDITORIAL PAGE — A Superfund model

We’ve said it before, and we’ll say it again: government agencies should stay out of the environmental remediation business, for the simple reason that private interests can do the job better, and at …


Barrick to finance Yamana’s Indonesian acquisition

With several projects well under way in Argentina, Yamana Resources (TSE) has shifted its focus 6,000 miles to the east and acquired ground in Indonesia.The junior was awarded the first right to acqui…


Caldera keeps up kimberlite quest

No kimberlite has been found in early drill results from the Abminga diamond project in South Australia.The project is a joint venture between Montreal-listed Caldera Resources (formerly Bishop Resour…


Newhawk selling Bruceside interest

A decision to focus on North American precious metal properties in areas with existing infrastructures has prompted Newhawk Gold Mines (TSE) to seek a buyer for its 60% interest in the Bruceside prope…


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