Numbers add up for El Valle gold project
A bankable feasibility study on El Valle, the Spanish gold project of Rio Narcea Gold Mines (RNG-T), points to a profitable mine life.The study, based on 19,000 metres of infill drilling conducted ove…
1996
Expatriate drills Ice
The primary source of near-surface, secondary copper mineralization at its fully owned Ice property in the southeastern Yukon continues to elude Expatriate Resources (EXR-V).At present, Expatriate is …
Emerging Africa drills in Guinea
Partners Emerging Africa Gold (EAG-C) and West African Mining (SMF-M) remain hopeful following assay results from eight preliminary holes drilled on the Jean-Gobele gold property in Guinea.Testing the…
GREATEST VALUE TRADED, Oct. 2-8
ExchgValue($000s)HighLowCloseChangeBRE-X MnrlsT28…
PRODUCER PRICES (October 14, 1996)
ALUMINIUM: LME settlements US$1,322.50 per tonne (Oct. 1, 1996), alloy US$1,215 per tonne (Sept. 26, 1996).ANTIMONY: Composite free market, US$2,250 per tonne (Oct. 9, 1996).BISMUTH: Composite free ma…
Barrick looks to boost its gold production
The assets of North America’s biggest gold producer, Barrick Gold (ABX-T), continue to grow.Additional reserves at the Pascua mine, in Chile, and the Pierina project, in Peru, will boost Barrick’s pro…
Worldwide titanium use on the rise
The growth of the Asian titanium market and a renewed demand for titanium pigment have pushed up demand for the metal.According to a new study, The Economics of Titanium Minerals and Pigments 1996, th…
Bre-X keeps Busang close to its chest
Believing the law is on their side, officials at Bre-X Minerals (BXM-T) do not plan to bow to the demands of one of the company’s Indonesian partners for a bigger piece of the massive Busang gold proj…
Wolverine partners expand Lynx lens in Yukon
With three drill rigs turning on the newly discovered Lynx lens at the Wolverine project in southeastern Yukon, operator Westmin Resources (WMI-T) and partner Atna Resources (ATN-T) are encountering s…
ODDS’N’SODS — The discovery of the Aunor
In the mid-1930s, there were only three residents on MacDonald Hill, situated halfway between Timmins and South Porcupine, Ont.Hermann Peltomaki had a nice home, which included a detached lake-front s…
Drilling adds lustre to Swan
Preliminary diamond drilling at the Swan property in north-central British Columbia has returned sniffs of lead-silver-zinc mineralization.In a 783-metre program, Stratabound Minerals (SB-A) tested a …
EDITORAL PAGE — The great Utah land grab
It’s election year in the United States, and the outlook for incumbent President Bill Clinton appears to be rosy in most states — most, but by no means all.One notable exception is Utah, where reside…