Teck calculates resource for Voisey Bay deposit
Diamond Fields Resources (TSE) has released preliminary reserve calculations for the Voisey Bay nickel-copper-cobalt deposit in coastal Labrador.The reserves, minable by open-pit methods, are estimate…
News
Investment needed for steel industry
A new phase of investment is essential for growth in the stainless steel industry, says CRU International, an economic and business consultancy for the metals industries.Demand for stainless steel fla…
Mirage estimates a resource for its Salvadoran gold project
Consultants for Mirage Resource (TSE) have calculated a geological resource of 5.2 million tonnes grading 6.29 grams gold and 46.23 grams silver per tonne for the Salvadoran project known as El Dorado…
MNDM unveils computer aid system
Ontario’s Ministry of Northern Development and Mines has unveiled computer technology which will give Timmins-area clients electronic access to more than 1 million pages of mineral exploration documen…
Russia good as gold for Cyprus Amax
Far Eastern Russia is the site of the latest historic business agreement between the former Soviet Union and Western nations. The U.S. Overseas Private Investment Corp. (OPIC) and the London-based Eur…
PEOPLE — BOLIVAR GOLDFIELDS
Miguel Angel de la Campa appointed president and Mauro Coppola appointed senior vice-president and director.
GOLD FUNDS (July 03, 1995)
Gold Funds as of June 27BGRCentralNet Value $18.21$6.84Price $14.75$7.00Discount19.02%Premium2.3%Value$142,407,000$126,695,100…
NEWS IN BRIEF (July 03, 1995)
Forester Resources (FRR:VSE) has changed its name to Tullaree Resources (TUL:VSE) on a 1-new-for-5-old-share basis.
Correction (July 03, 1995)
Echo Bay Mines (TSE) can acquire 65.67% of Etruscan Enterprises’ (VSE) 67% interest in the Kom Bangou gold property in Niger for US$20 per oz. gold for the first million ounces produced, and US$25 per…
PEOPLE — LAGUNA GOLD
Laurence Marsland appointed president; James McGowen appointed chairman; George Mallon appointed vice-chairman; and Robert Monroe appointed director.
PEOPLE — DAKOTA MINING (July 03, 1995)
Gerald McCarvill and David Birkenshaw elected to the board of directors.
Eldorado board rejects Glamis bid
After assessing the unsolicited takeover bid of Glamis Gold (TSE), the board of directors of Eldorado (TSE) has unanimously rejected the offer as being “inadequate and not in the best interests of Eld…