Golden News receives permit
Final permits are in place for the Luz del Cobre copper deposit, 100 miles east of Hermosillo in Mexico’s Sonora state. Golden News Resources (VSE) plans to develop the property as an in situ leaching…
Articles by Northern Miner Staff
Barrick to sell four Lac properties
Conjecture over which properties American Barrick Resources (TSE) would sell following the closing of its $2.2-billion takeover of Lac Minerals has been laid to rest. The major recently announced its …
Barrick poised for growth
Despite the market’s interest in the upcoming sale of the four Lac properties, directors and shareholders of American Barrick Resources (TSE) are more likely to be concerned with how their company wil…
Cambiex drills past producer
Montreal-based Cambiex Exploration (ME) has uncovered new mineralization on the Akasaba gold property, 25 km south of Val d’Or, Que. In the 1960s, two lenses were mined yielding 262,500 tonnes of ore …
Tri Origin reviews Lewis Ponds drilling
Having reviewed previous drilling data, Tri Origin Exploration (TSE) plans to carry out an additional 2,000 metres at its Lewis Ponds polymetallic deposit in New South Wales, Australia. The junior has…
Kidd Creek extension sought
Junior McChip Resources (TSE) intends to explore 37 unpatented claims in northeastern Ontario’s Reid Twp. An independent report states the property is in an area which could potentially host an extens…
Soquem signs deals for properties
Quebec Crown corporation Soquem has signed agreements concerning two properties in the province. One of the agreements involves Orient Resources (ME) and Consolidated Gold Hawk Resources (ASE) and con…
GOLD FUNDS (November 07, 1994)
BGR Central Net Value $18.31 $6.74 Price $14.88 $6.875 Premium 2% Discount 18.76% Value $148,595,000 $124,432,688…
Spot prices at a glance (November 07, 1994)
Week’s Price (US) Change Gold* $383.85 – $4.95 Silver* $5.28 – $0.03 Platinum* $418.00 – $2.70 Nickel** $3.39 + $0.13 Lead** $0.30 $0.00 Copper $1.23 + $0.03 Zinc $0.52 + $0.02 Courtesy of Scotiabank….
AJ Perron Gold custom milling
Having completed test milling, AJ Perron Gold (TSE) is milling ore for contracted customers at its new gravity flotation circuit at the Kerr mill in Virginiatown, Ont. The new circuit is fully license…
Silver Standard explores El Gato
El Gato, a silver property in central Mexico, is now controlled by Silver Standard Resources (VSE). The company is acquiring the property in return for spending US$1 million by January, 1999, and meet…
Eldorado snaps up La Colorada
The exercise of a purchase option gives Eldorado (TSE) total ownership of La Colorada, an open-pit heap-leach gold mine in Mexico. The company will pay Campbell Resources (TSE) US$5 million for its 30…