Echo Bay advancing Paredones Amarillos
Drilling and prefeasibility work are continuing on the Paredones Amarillos property in Baja California Sur, Mexico.Since optioning the property from Baja Gold (TSE) two years ago, Echo Bay Mines (TSE)…
News
METALS COMMENTARY — Steel slowdown reveals volatility in marketplace
The jockeying between metal suppliers and consumers is adding volatility to the marketplace.Suppliers and distributors of steel, for example, are having to reduce stocks in response to a decline in pl…
Companies (November 27, 1995)
INDEXAmer. Min. FldsAranleeArchon Min.Athabaska GldAtnaAzco M’gBaja GoldBlack HawkBre-X Min.BreckenridgeBreseaCaledonia M’gCamphor VentrsCdn StatesCons Cyn-TechDenisonDiamond FieldsDitemEcho Ba…
FirstMiss Gold makes new public offering
FirstMiss Gold (NASDAQ) has signed an agreement with a group of underwriters for a public offering of stock.The company is seeking gross proceeds of US$126.75 million from the sale of 6.5 million shar…
Minable reserves calculated for Daisy’s West gold zone
Drilling at the Daisy project in southern Nevada has confirmed a minable reserve of 542,000 tons averaging 0.025 oz. gold per ton in the West zone.The project is owned 65% by Inter-Rock Gold (ME) and …
Pentland cuts gold at Marlhill
Drilling at the Marlhill property by Pentland Firth Ventures (TSE) has not gone as planned. Still, operator Pentland Firth is far from upset.The two most recent drill holes did not flatten as anticipa…
EDITORIAL PAGE — Just call to say E `keep mining in Canada’
The telephone of John Manley, Canada’s minister of industry, will be ringing off the hook during the work week starting Nov. 27. And that’s because people from across the country will be calling the m…
PEOPLE — FIRST DYNASTY — Elwin Smith elected to the board of directors.
PEOPLE — CONS. MAGNA VENTURES — Bradley Aelicks appointed president and chief executive officer.
Etruscan works gold targets surrounding Koma Bangou
With the uranium boom long past, the impoverished West African nation of Niger is pinning its hopes on gold. Canada’s Etruscan Enterprises (VSE), in turn, is turning to Niger for its future.When The N…
Rayrock’s Ivan mine is up to speed
The Ivan copper mine in northern Chile was slow to get on track, but owner Minera Rayrock (TSE) has announced that the mine operated at 97.7% of its design capacity in September, and 100% in October.T…
Cash flowing from Myra Falls mine
The Myra Falls underground zinc-copper mine on Vancouver Island is spinning out cash for owner Westmin Resources (TSE).Net income for the first nine months of 1995 amounted to $10.8 million on revenue…