METAL PRICES — FREE MARKET (November 13, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateNov. 7 Nov. 6Nov. 3 Nov. 2 Nov. 1Copper3015-3020 2995-30002947-29522995-30002945-2950Lead681-683 680-681694-696 710-711 703-7…
Articles by Northern Miner Staff
Queenstake plans acquisition to expand Latin American holdings
The planned acquisition of a Cayman Island corporation will significantly expand the Latin American holdings of Queenstake Resources (TSE).The company will acquire the shares of Intercontinental Resou…
Breakwater finds mineralization at El Mochito mine in Honduras
A drill program to expand reserves has encountered zinc-lead-silver mineralization at the El Mochito mine in Honduras.Owner Breakwater Resources (TSE) has been drilling the east limb of a fold, to tes…
Caledonia finds copper showings at Kikerk Lake
Initial prospecting in the Kikerk Lake area, about 550 km north of Yellowknife, N.W.T., has led Caledonia Mining (TSE) to the discovery of surface copper occurrences along a ridge 4 km long by 100 met…
Gulf finances Tajikistan work
A private placement of convertible preferred shares is expected to raise $6 million for Gulf International Minerals (VSE).The company plans to use the proceeds of the issue to advance its various gold…
Drilling under way at Fishhook
Drilling is under way on the Fishhook Lake gold property in the Northwest Territories. Gitennes Explorations (ASE) is testing two recently discovered zones with a series of short drill holes.Six holes…
Sharpe finds gold at Antone Canyon
Surface trenches at the Antone Canyon property in Nye County, Nev., of Sharpe Energy & Resources (CDN) have been found to contain gold mineralization.The program was designed to test for the surface e…
Placer plays safe at Las Cristinas
Uncertainty over the business climate, combined with the need for additional drilling, has prompted Placer Dome (TSE) to delay development of its Las Cristinas project in eastern Venezuela.The company…
Tallman drilling comes up short
Additional drill results from the Tallman prospect in Guyana failed to match the spectacular value encountered previously.Cathedral Gold (TSE), which can earn a 90% interest in the concession, drilled…
South American Gold plans to open Chilean gold mine
In announcing the startup of milling operations at its Pimenton gold mine in Chile, South American Gold & Copper (TSE) has made the transition from junior explorer to producer.Situated northeast of Sa…
Shakwak plans resurrection
A share roll-back, a name change and a financing are expected to breathe new life into Shakwak Exploration. Lack of funds forced the company to delist from the Vancouver Stock Exchange in 1989.Shakwak…
LABRADOR NEWS ROUNDUP — NDT drilling Project #52
Drilling is under way on Project #52, 45 km southwest of Nain, Labrador. NDT Ventures (VSE), which is earning a 51% interest in the property from Primero Industries (VSE), is targeting electromagnetic…