News

Ashanti moves to merge with Golden Shamrock Mines

As part of a strategy to become the world’s fifth-largest gold producer, Ashanti Goldfields (NYSE) has proposed another merger — this time with Australia’s Golden Shamrock Mines (TSE).The deal would …


Rex exposes diamond-bearing fissure at Ardo

Toronto-based Rex Diamond Mining (CDN) says it has exposed a new diamond-bearing fissure that could double production at its Ardo mine in South Africa.The company says the fissure, which is more than …


Spot prices at a glance (April 22, 1996)

Wednesday, April 17, 1996Week’s Price (US)ChangeGold*$391.40-$3.15Silver*$ 5.31-$0.15Platinum*$401.75-$4.25Nickel**$ 3.69+$0.09Lead**$ 0.37-0.01Copper $ 1.17+$0.04Zinca$ 0.47…


Cata Preta drilling fuels trading in Black Swan Gold

The latest drill results from the Cata Preta property in Brazil’s Minas Gerais state have generated a flurry of trading activity in Black Swan Gold Mines (VSE).The trading interest related to complete…


Falco looks toward busy but Voisey-less future

It is not without regret that Falconbridge (TSE) sails from the nickel-plated coast of Voisey’s Bay, Labrador, yet president Frank Pickard is confident there are higher profits to be made elsewhere.Ad…



Index (April 22, 1996)

REG DEPTSCareersClassified AdvertisingCommentaryDiamond PageDrillersEditorialsInvestment CommentaryMetal PricesOdds `n’ SodsProfessional DirectoryStock MarketsSubscriber Service.AMOST ACTIVE…


Pursuit, W. America explore in PNG

Western America Resources (ASE) has placed shares privately with International Pursuit (TSE) in order to raise funds for exploration of a gold-copper property in Papua New Guinea.Western America has a…



Gold zones confirmed at Dossi project

Kinbauri Gold (CDN) drills have hit gold in laterite and at depth in oxidized bedrock at the Dossi gold project in Burkina Faso.Kinbauri, which can earn a 65% interest in the 314-sq.-km project from M…


Meetings (April 22, 1996)

MEETINGSApril 29, Ansell Lake April 29, Even Res. April 29, Golden Bear April 29, Highgrade April 29, Match Capital April 29, Norcen Energy April 29, PMA Res. April 29, Share Mines & Oils April 29, Ve…


Swayze belt heats up

Two Vancouver-based juniors have been adding to their land holdings in the Swayze volcanic belt, south of Timmins, Ont.Haddington Resources (VSE) has acquired a property in Horwood Twp., in the northw…


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