Companies (November 20, 1995)
INDEXAberAfriOreAmerica Min.FldArmisticeAsarcoAsia PacificBand-OreBarrick GoldBHP Min. CanadaBotswna DmdfldsCamecoCdn States GasChampion BearComaplex Min.,Cons NewgateCumberland,Cyprus AmaxDiabior…
Articles by Northern Miner Staff
HRC gears up for work on Andes
Exploration is set to resume on the Andes project in northwestern Argentina. Joint owners Eldorado (TSE) and HRC Development (VSE) reached an agreement with Cameco (TSE), giving that company the right…
Ontario plans amendments to Mining Act to reduce red tape
Proposed amendments to Ontario’s Mining Act will simplify and streamline the process of mine closure in the province, the Ministry of Northern Development and Mines promises.Changes include the replac…
METAL PRICES — FREE MARKET (November 20, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateNov. 14Nov. 13Nov. 10Nov. 9Nov. 8Copper3018-3023 3032-3037 2947-2952 2990-29952967-2972Lead684-685 684-685 688-689 679-680 671-6…
Partners focus on Rainy River
Two companies with substantial land positions in the Rainy River area of northwestern Ontario have signed an agreement that will see each hold a 4.9% working interest in the other’s properties.Nuinsco…
Magma options Cuatro Hermanos
Advancing exploration at the Cuatro Hermanos property, 150 km east of Hermosillo, Mexico, will be the business of Magma Copper (NYSE), following the signing of an option agreement with property owner …
Band-Ore options Timmins property of Holmer
A land position immediately west of Timmins, Ont., is being amassed by Band-Ore Resources (CDN), which has taken an option on the Bristol Twp. property of Holmer Gold Mines (ASE).Under the agreement, …
Imperial returns to Giant Copper project
Predevelopment work has resumed at the Giant Copper project, 40 km southeast of Hope, B.C.Property owner Imperial Metals (TSE) recently completed 4,559 ft. of drilling in eight holes as part of a 2-ph…
Echo Bay makes two Canadian acquisitions
Echo Bay Mines (TSE) has set its sights on two advanced gold properties in Canada.The company will acquire the Ulu gold deposit in the Northwest Territories from BHP Minerals Canada, and, in a separat…
Drilling at Copper Rand mine is expected to boost reserves
Exploration drilling between the 3800 and 5000 levels of the the Copper Rand mine in Chibougamau, Que., could lead to a substantial increase in reserves.MSV Resources (ME) recently drilled nine holes …
Newmont Gold files complaint against Barrick Gold over land use
A complaint has been filed by Newmont Gold (NYSE) and its subsidiary, Elko Land & Livestock, against Barrick Gold (TSE) and its wholly owned subsidiary, Barrick Goldstrike Mines.The complaint stems fr…
TVI cuts more sulphides at Rapu Rapu
Earlier exploration efforts are beginning to pan out for TVI Pacific (TSE) at the Rapu Rapu property in the Philippines.Recent drilling has intersected possible extensions of the Ungay-Malabago copper…