News

Canadians killed in helicopter crash

An M18 Soviet helicopter chartered by a subsidiary of Cameco recently crashed in the Tien-Shan mountains of Kyrgyzstan, killing all on board.The Kyrgyz Air helicopter was carrying 12 passengers and th…


PEOPLE — REDBIRD GOLD

Henry Knowles appointed chairman; John Wahl appointed director, president and vice-chairman; Donald Fraser appointed director and vice-president of business development; Dallas Davis appointed directo…


TSE intending to go decimal by spring, 1996

The board of the Toronto Stock Exchange has endorsed a plan to switch to decimal trading by spring, 1996.Currently, TSE stocks valued at between $3 and $5 are traded in increments of 5 cents; those va…




STOCK MARKETS — All quiet on the western front

Western markets continued to languish over the report period ended Oct. 10. The Vancouver Stock Exchange resource index fell 28.74 points to finish at 1,329.49, while the composite index closed down 2…


Pentland drill-tests Marlhill

Drilling at the past-producing Marlhill mine near Timmins, Ont., indicates the presence of a sizable quantity of untapped gold beneath the old workings.Six holes drilled by Pentland Firth Ventures (TS…


Spot prices at a glance (October 16, 1995)

Wednesday, October 11, 1995Week’sPrice (US)ChangeGold*$384.70+$2.10Silver*$ 5.42+$0.08Platinum*$415.25-$1.00Nickel**$ 3.49-$0.10Lead**$ 0.27$0.00Copper $ 1.25-$0.05Zinca$ 0.4…


Canyon eyes East African property

Canyon Resources (NASDAQ) has signed an exploration agreement with the government of Ethiopia concerning the Megado Serdo gold property.The 60-sq.-km package lies within the Adola greenstone belt, in …


Ecuadorian takes shine to Peru

Ecuadorian Minerals (TSE) can buy several mining concessions in the Peruvian region of Angasmarca, 100 km from the Yanacocha gold district.The Inti property consists of two blocks of concessions total…


Santa Elina, Echo Bay firm up Chapada deposit

Santa Elina Gold (TSE) and Echo Bay Mines (TSE) are stepping up their joint effort to explore for gold deposits in Brazil.Echo Bay will acquire another 4 million shares of Santa Elina, entitling the m…


Int’l FreeGold tests Tolovana

Encouraged by preliminary results from the first round of drilling on the Tolovana property in Alaska’s Fairbanks district, International FreeGold Mineral Development (VSE) is set to begin a second ph…


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