TVX options Triton’s project
Vancouver-based Triton Mining (TSE) will enter a joint-venture option agreement with TVX Gold (TSE) to develop the junior’s India gold project in Nicaragua.The India project, which lies 50 km east of …
News
Northern Orion firms up property holdings in Cuba and Argentina
With a treasury topped up by proceeds of a $40-million special warrant financing, Northern Orion Explorations (VSE) is in a healthy position to explore its Cuban and Argentine holdings.The junior rece…
Minera Rayrock works Latin American projects
Toronto-listed Minera Rayrock is developing four of its key copper and gold projects in Latin America.At the Ivan mine in northern Chile, copper production averaged 102% of design capacity during the …
Metals Commentary — Global perspective on copper points to bearish market
The past few years have been good ones for copper producers. Prices have remained relatively robust, even as new, large operations began coming on-stream in Chile and elsewhere.The copper price averag…
Royal Oak optimistic over Arizona project
Royal Oak Mines (TSE) is encouraged by drill results from its Copperstone gold project in western Arizona.The company has calculated a drill-indicated mineral resource of 420,000 oz. gold.The drilling…
Black Pearl set to drill Voisey A.
Once permits are in hand, Black Pearl Minerals (CDN) and Hebron Fjord Resources (ME) will drill their Voisey A property in Labrador.Hebron Fjord has a 60% undivided interest in Black Pearl’s propertie…
NEWS IN BRIEF (January 22, 1996)
Jazzman Ventures (IJV:VSE) and Oro Belle Resources (ORS:VSE) have amalgamated. The new company name will remain Oro Belle Resources (ORS:VSE).
Gold Funds as of January 11, 1996
BGRCentralNet Value$19.05$6.89Price$17.00$7.00Discount10.74%1.6%Value$148,906,000$126,695,100…
Index (January 22, 1996)
REGULAR DEPARTMENTSCareersClassified AdvertisingCommentaryDiamond DrillersDiamond NewsEditorialsInsider TradingInvestment CommentaryMetal PricesObituaryOdds `n’ SodsProfessional DirectoryStock Markets…
Mimiska funds Fern Elizabeth
Shares of Mimiska Mining have resumed trading on the Montreal Exchange.Funds from recent financings will be used to explore the company’s wholly-owned Fern Elizabeth gold property in Atikokan, Ont.
Namco recovers diamonds in Luderitz
Following an encouraging bulk-sampling project at Hottentots Bay, off the coast of Namibia, Namco (VSE) continues to experience good fortune. At Luderitz, 215 diamonds were recovered recently from a s…
Royal Oak boosts Timmins resource
A year of drilling by Royal Oak Mines (TSE) has elevated the preliminary resource at the Night Hawk Lake properties to 1.4 million oz. gold.The properties, which cover a 46-sq.-km area straddling the …