Partners Cominco Resources International (TSE) and X-Cal Resources (VSE) will soon begin drill-testing the Eureka gold project in Nevada. Cominco will earn an initial 60% interest by paying US$130,000…
Last year’s takeover of Lac Minerals is expected to boost Barrick Gold’s (TSE) gold production to 3.1 million oz. this year, up from 2.3 million oz. in 1994 and 1.6 million oz. in 1993. This hefty gro…
Trenching on the San Fernando gold project in Mexico is returning gold values for owner San Fernando Mining (TSE). The trenching returned 0.14 oz. per ton across a continuous exposure of 62.2 ft. in t…
Semi-monthly reports as of Jan 31, 1995 showed 239,236,777 shares of 783 issues compared with 244,193,506 shares of 792 issues on Jan 15, 1995. Larger individual positions included: Aber 49,040, down …
Junior Roxmark Mines (TSE) can acquire Placer Dome’s (TSE) Key Lake gold property in Ontario’s Lindsey Twp. Previously, in an area referred to as the East pit, Placer drilled two vertical holes, 250 m…
In the fourth quarter, MSV Resources (TSE) established a new record for copper production. The Montreal-based company mined more than 129,000 tons of ore to yield 4 million lb. of the red metal from i…
Exploration has begun on the Jeremie Twp. gold property in northern Quebec. The 195-claim property, owned by Canadian Golden Dragon Resources (VSE) and Cyprus Canada, is adjacent to, and west of, the …
Toronto-listed Caledonia Mining reports a partial closing on the European portion of its private placement of unsecured convertible debentures. To date, $20.5 million of the planned $20.6-million plac…
Gold Funds as of Feb. 6 BGR Central Net Value $16.02 $6.46 Price $12.75 $6.125 Discount 20.40% 5.2% Value $125,529,000 $110,858,213…
An unusual and unexpected diamond find at the Parker Lake property, west of Hudson Bay in the Northwest Territories, sent a momentary shock wave through an otherwise sleepy diamond market. The Geologi…
Ongoing exploration by Agnico-Eagle Mines (TSE) is enhancing the resource potential of its La Ronde mine property near Cadillac, Que. La Ronde, which started up in 1988, is Agnico-Eagle’s main operati…
Financing is in place for construction of a copper smelter-refinery in Indonesia. Freeport-McMoRan Copper & Gold (NYSE), with a 20% interest, has new partners for the US$550-million smelter-refinery a…
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