Much ado is made of the sophisticated technology that is available to help find mineral deposits. While these techniques are unquestionably valuable, they will never render obsolete “boot-and-hammer” …
Cambior (TSE) has entered into an option agreement with Nuinsco Resources (TSE) under which the gold producer will earn a 51% interest in the Cameron Lake gold property, 80 km southeast of Kenora, Ont…
It’s Diamond Fields’ project, and it’s Voisey’s Bay.The first printed record of the most famous bay in Labrador was in 1909, when George Voisey referred to it as Voisey’s Bay in an oath transcribed in…
Greater Lenora Resources (TSE) will decide in January whether to bring its Goldfields project into production.The company is in discussions with merchant banker Rothschild Denver to arrange debt finan…
An offering of 5 million units at $1.60 each will provide Indomin Resources (VSE) with funds to pursue its interests in Indonesia.The placement was well-received and, including the greenshoe option of…
Short positions outstanding at November 30, 1995Larger individual positions included: Barrick Gold 6,159,554; Agnico-Eagle 190,043; Arequipa 109,000; Bema Gold 1,250,700; Caledonia M’g 287,200; Campbe…
In Guibord Twp., 17 km east of Matheson, Ont., Tandem Resources (ME) and NAR Resources (ME) have drilled a 4.4-metre intersection containing 8.6 grams gold per tonne (0.25 oz. per ton).Contained in th…
The Beep Mat Syndicate, a consortium of exploration and geophysical firms, has trenched a Beep Mat conductor in Berthiaume Twp., Que., confirming a mineralized zone 35 metres long and 4 to 5 metres wi…
The viability of the Jerooy gold project in the former Soviet republic of Kyrghyzstan is in question.MK Gold (NASDAQ) has decided the economics of the project will have to improve before it can procee…
Crown Butte Mines’ New World gold-copper-silver project in Montana continues to grind through the permitting, legal and political process.As the Draft Environmental Impact Statement (EIS) nears comple…
From a group of individual investors, Atlas (NYSE) has purchased 51% of the outstanding shares of Phoenix Financial Holdings (CDN).In return for US$1.3 million, it acquired 12.2 million shares, and co…
ALUMINUM: MW U.S. market US77.25 cents-78.25 cents per lb. (Dec. 8, 1995).ANTIMONY: MW New York dealer US$2.00-2.20 per lb. (Dec. 8, 1995).BISMUTH: MW New York dealer US$4.10-4.30 per lb. (Dec. 8, 199…
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