Companies (September 11, 1995)
AberAbacusAgate BayAlta GoldAmax GoldAnvil RangAnvil ResArequipaArmada GAsarcoAshton MngAtlasAtlas ConsAtnaAudreyAvalon VenBarrick GldBismilahBlack HawkBolivar GdfBomaxBrimstoneCabo Ex…
News
Oman looks to privatize its mining industry
As a gesture towards generating more investment in the private sector, the country of Oman plans to privatize its state-run mining concern.Oman Mining began life in 1973 as a partnership between the i…
Feasibility gives Lisbon Valley the passing grade
A feasibility study on the Lisbon Valley property near Monticello, Utah, concludes that the oxide copper project is economic and projects a pre-tax payback of just over two years.Owner Summo Minerals …
William readies Velardena for spring production
Backed by a recent feasibility study and $8 million in its treasury, William Resources (TSE) has begun production development at its wholly owned Velardena silver-gold project in Mexico.The property, …
Arequipa firms up Peruvian portfolio
A drill program under way at the Ventana property in Peru is attempting to outline a copper porphyry deposit for Arequipa Resources (VSE).The work is being carried out under the direction of Southern …
CIM awards are presented to cream of the metallurgical crop
Seven awards for outstanding contributions to the Canadian metallurgical industry were announced recently at a dinner in Vancouver, B.C.The Metallurgical Society of the Canadian Institute of Mining, M…
Sulphide zone extended at Foot claims
Encouraged by drill results from the newly discovered Wolverine zone in south-central Yukon, Westmin Resources (TSE) has added a second rig to the Foot claims and will extend the program until late Oc…
Cusac Gold drilling returns gold values
Underground drilling on the Michelle Highgrade area at the Table Mountain mine in north-central British Columbia is confirming gold values for Cusac Gold Mines (TSE).The company has completed a declin…
Pegasus to increase gold yield at Mt. Todd
Construction will begin immediately on a new phase of work at the Mt. Todd mine of Pegasus Gold (AMEX). As a result, gold production at the Australian operation is expected to rise to 260,000 oz. per …
Armada ready to complete feasibility study at Baley
The preliminary feasibility study on the Baley gold deposit in the Chita region of eastern Russia has provided more encouragement to Armada Gold (ASE).The company believes the study is conservative, a…
Results in from Meliadine East
Drilling at the Meliadine project north of Rankin Inlet, N.W.T. has been completed, and joint-venture partners Cumberland Resources (VSE) and Comaplex Minerals (TSE) are ready to recalculate the resou…
Manville sells interest in Stillwater for US$110 million
A small group of private institutional investors has bought 5.4 million unregistered shares of Stillwater Mining (NASDAQ) from its parent company, Manville (NYSE).The privately negotiated placement, w…