Consolidated Nevada finds more Alaskan gold
Exploration in the vicinity of the Nixon Fork gold mine, near McGrath, Alaska, has uncovered a low-grade gold occurrence.Consolidated Nevada Goldfields (KNV-T) reports that drilling has confirmed the …
1996
METALS COMMENTARY — World gold output on the rise with South Africa as top producer
Worldwide gold production is expected to increase over the next three years, to 83.1 million oz. by 1998, according to The Gold Institute’s annual World Gold Mine Production forecast.South Africa cont…
COMMENTARY — Consulting with aboriginal communities
Aboriginal lands encompass some of the most actively explored mineral areas in Canada, though relations between the mining industry and aboriginal communities have, in the past, ranged from poor to no…
Royal Oak to dig super pit at Pamour operation
More mill feed and an expanded Pamour mill are in the cards for Royal Oak Mines (RYO-T).The company now estimates that its Ontario division has a 120-million-tonne mineral resource grading 1.9 grams g…
Int’l Tournigan hits solid gold grades in Ghana
A 22-hole drill program at the Riyadh concession in southwestern Ghana has confirmed gold mineralization in a vein structure 2.6 km long.International Tournigan (ITG-V) is spending $2.5 million to exp…
ODDS’N’SODS — Close calls in Colombia
Thirty years ago, it was not uncommon for geologists and miners to engage in job-hopping. A new employer, however, was no guarantee of improvement.From 1964 to 1969, I was in charge of a U.S Geologica…
Quebec juniors ready for removal of North Shore staking ban
With the staking ban expected to be lifted soon, a host mining companies is poised to converge on the area near Lac Manitou on Quebec’s North Shore.In August, while carrying out a mapping program in t…
NEWS IN BRIEF (September 30, 1996)
Rockwealth International Resource (RWR-V) has changed its name to Strathmore Resources (SMR-V).
LETTER TO THE EDITOR — Safety assured at Brunswick division
I am writing in response to the article “Noranda curtails output of zinc at Brunswick mine” (T.N.M., Sept. 9/96) which indicates that the safety of the Brunswick mine has been called into question.Pro…
GREATEST VALUE TRADED (September 23, 1996)
ExchgValue($000)HighLowCloseChangeInco LtdT205256…
Westmin goes west at Wolverine
Drilling on the Wolverine polymetallic deposit in southeastern Yukon is expanding the mineralized zone to the west, and, moreover, the zone appears to be thickening.Operator Westmin Resources (WMI-T) …
Vedron drills hit gold near Timmins
For Vedron Gold (VDGI-M), Ontario’s Timmins gold camp still has the right stuff.At its wholly owned property in Tisdale Twp., the company is carrying out a 50,000-ft., 40-hole program aimed at testing…