Swannell boosts copper resource
The Rio Tinto copper oxide project in Mexico’s Chihuahua state is estimated to contain 18.3 million tonnes grading 0.43% copper within a massive garnet skarn.Swannell Minerals (VSE), which is earning …
News
Chase tests Taysan project
More drilling is under way at the Taysan copper-gold porphyry project in the Philippine province of Batangas.Chase Resource (TSE) plans to drill 10 holes in a roughly 2,000-metre program in order to t…
Metall buys stake in tungsten plant
Toronto-based Metall Mining (TSE) will gain a 73.26% equity interest in Wolfram Bergbau Huettengesellschaft (WBH), a tungsten mining and powder production facility in Austria.WBH is one of only two fu…
Cominco, Prime maintain option
TSE-listed partners Cominco and Prime Resources Group intend to maintain their option on an area adjoining the southern boundary of the Snip mine in British Columbia.Cominco is operator and 60% owner …
Louvicourt opening highlights Quebec’s Mining Week
The official opening of the Louvicourt copper-zinc mine in late April proved to be the highlight of “Quebec Mining Week.” It was also a day of celebration for the companies that brought to fruition on…
METALS COMMENTARY — Demand for metals still reasonably healthy
Metals investors continue to cope with the rapid-fire changes affecting their markets. While a noticeable slackening in U.S. demand has cooled orders for housing and autos, U.S. manufacturers seem unf…
Companies (May 08, 1995)
AberAdexAgate BayAlmadenAmaradoAmcorp IndAmer BullnArizona StarAshton MngAurBaja GoldBarrick GBattle MtnBema GoldBlack HawkCalcoCaledoniaCampbellCamphor VtCanarcCaribGoldCashChannel…
OSC approves listing requirement
The Ontario Securities Commission approved a new Toronto Stock Exchange “listing requirement,” making it mandatory for companies to disclose their corporate governance system.The requirement, the main…
STOCK MARKETS — Silver still in favor; Placer out of Musto race
Gold traded sideways, but silver continued to find favor with speculators during the report period ended May 2. At the Commodity Exchange of New York, the cash price for silver approached US$6 per oz….
Quebec natives create company
A new junior company, First Nations Exploration, has set up a temporary office in Senneterre, Que.President Billy Ottereyes, former chief of the Waswanipi band and a prospector, says his company is se…
Utah court to hear appeal
In the final stage of a lawsuit which began more than 20 years ago, the Utah Supreme Court will hear final oral arguments on an appeal by Gold Standard (NASDAQ) in its case against Getty Oil (taken ov…
Index (May 08, 1995)
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