McCaw School of Mines under construction
A 4,500-sq.-ft. school is being constructed in Henderson, Nev., so that students can learn about the state’s rich mining history.When it opens in September, the school will feature a mine tunnel, a di…
News
Spot prices at a glance (July 31, 1995)
Wednesday, July 26Week’s Price (US)ChangeGold*$385.80-$3.45Silver*$ 5.15-$0.19Platinum*$430.50-$9.75Nickel**$ 3.88-$0.03Lead**$ 0.28 $0.00Copper $ 1.34-$0.07Zinca$ 0.46-$0….
Altavista looks for gold in northwestern Quebec
Having raised $1.5 million through an initial public offering, newly listed Altavista Mines (ME) is ready to explore and develop two gold properties in northwestern Quebec.The junior can acquire a 90%…
STOCK MARKETS — VSE suffers anti-climax over Voisey Bay results
Trading activity on the Vancouver Stock Exchange eased off somewhat as investors began paying more attention to the quality of work being done by juniors in Labrador. The initial excitement from the V…
Glamis Gold options Aquiline’s Jojoba project in N.W. Mexico
Drilling is planned for La Jojoba, a property in Mexico’s Sonora state.Glamis Gold (TSE) will fund the work under an option to earn a 75% interest from Aquiline Resources (VSE).Glamis must also pay US…
LABRADOR NEWS ROUNDUP — Niatak partners cut sulphides
The first two holes drilled on the Niatak Island property in Labrador have encountered narrow layers of massive sulphides.Vancouver-listed partners Starcore Resources and Goldnev Resources are drill-t…
First Dynasty exploring in Myanmar
In keeping with its strategy of focusing on Southeast Asia, First Dynasty Mines (TSE) has signed an exploration agreement with the mines ministry of Myanmar (formerly Burma) for rights to three land b…
Newmont makes discovery at Carlin
Already one of the largest gold producers in Nevada’s prolific Carlin trend, Newmont Gold (NYSE) is busy outlining another sizable resource on a block of ground just north of its Carlin pit.The major …
Azco shareholders dispute Phelps Dodge deal
Certain shareholders of Azco Mining (TSE) are attempting to block the company’s proposed sale of specific mining assets to Phelps Dodge (NYSE).In late April of this year, Phelps Dodge offered US$40 mi…
Black Hawk looks for more gold at Hoyle
Drills are turning once again at Black Hawk Mining’s (TSE) gold property in Ontario’s Hoyle Twp.The company has begun a 8,400-metre, 37-hole drill program to test the continuity of the known gold zone…
Glamis revises bid for Eldorado
Thwarted in its original offer, Glamis Gold (TSE) has boosted its bid for Eldorado (TSE) to $1.50 plus 0.47 of a Glamis share for each share of Eldorado. Based on Glamis’s trading level of $10.38, the…
Polaris-Taku drill program is under way
Two drill rigs are operating on the Polaris-Taku property in northern British Columbia.Owner Canarc Resource (TSE) plans to drill 20,000 ft. in an initial 15-20-hole program aimed at testing two separ…