Royal Oak can earn in at Willoughby
The potential of the Red Mountain area near Stewart, B.C., is being eyed by Royal Oak Mines (TSE).In addition to picking up the Red Mountain property from Barrick Gold (TSE) in exchange for a $3-milli…
Articles by Northern Miner Staff
GOLD FUNDS (October 23, 1995)
Gold Funds as of October 12BGRCentralNet Value$17.37$6.58Price$13.88$6.500Discount20.11%1.2%Value$135,788,000$117,645,450…
Atlas poised to restart Nevada’s Gold Bar mine
Using its equity interest in Granges (TSE), New York-listed Atlas is securing financing to resume mining at its Gold Bar mine in central Nevada.Atlas will receive US$11 million from two Canadian secur…
Meetings (October 23, 1995)
MEETINGSOct. 30, Blue Ribbon Oct. 30, Ican Oct. 30, KayorumOct. 30, PrincessOct. 30, Seaway Base Metals Oct. 30, Sidon Int’lOct. 30, TemplarOct. 30, Vauquelin Oct. 31, AlpetroOct. 31, American Wollast…
Canadian States reports results
CDN-listed Canadian States Resources has encountered low-grade nickel-copper-cobalt mineralization on the 1514M Claim Block in Labrador.One of the five additional holes tested the G zone, while the re…
Chase to increase share in Taysan
Magma Copper (NYSE) and Chase Resource (TSE) have revised their previously announced agreement regarding their partnership in the Taysan copper-gold property in the Philippines.The original deal, sign…
Battle Mountain eyes Aussie firm
Battle Mountain Gold (NYSE) has held discussions with Australian-listed Mt. Edon Gold Mines concerning a possible merger.Mt. Edon owns the Tarmoola gold mine in the Leonora region of Western Australia…
Abacus hits sulphides at Niblack
Drilling in the historic Niblack mine area has intersected massive sulphide mineralization.Abacus Minerals (VSE) holds an option to acquire the Niblack project, situated on tidewater at the southern t…
Spot prices at a glance (October 23, 1995)
Wednesday, October 18, 1995Week’s Price (US)ChangeGold*$383.75-$0.95Silver*$ 5.35-$0.07Platinum*$413.35-$1.90Nickel**$ 3.52+$0.03Lead**$ 0.29+$0.02Copper $ 1.23-$0.02Zinca$ 0…
Diamond Fields backs Nuinsco
Emerging nickel producer Diamond Fields Resources (TSE) can earn a 51% participating interest in Nuinsco Resources’ (TSE) Rainy River claims in northwestern Ontario.Diamond Fields intends to buy 2 mil…
Nebex set to drill Albanian project
Having completed initial exploration of its two concessions in Albania, Nebex (ASE) is preparing to drill for base metals.President Brian Douglas says a 30,000-ft. drill program is planned for the win…
Curator cuts costs at Boleo
By buying into the underlying owner of the Boleo copper-cobalt project in Baja California Sur, Mexico, International Curator Resources (TSE) has reduced its property costs by $11.6 million.Curator pai…