Golden Star takes loss for 1994
Year-end results show that Golden Star Resources (TSE) lost US$8.8 million (US42 cents per share), compared with US$1.6 million (US10 cents per share) for 1993. However, total revenue increased to US$…
News
Plata to focus on Argentine zinc property
An exploration and exploitation agreement with an Argentine company sets the stage for Plata Mining (ASE) to begin work on the Helvecia zinc property in the province of La Rioja.The property consists …
Diamond News Roundup — United Reef plans May production
Diamond production is scheduled to begin next month on United Reef’s (TSE) Bamingui property in Central African Republic (CAR).The advancement of the project has been facilitated through a previously …
New silver coins are for the birds
The Royal Canadian Mint in Ottawa has launched its 1995 series 50-cent sterling silver coins. The 4-coin series salutes the “birds of Canada.”Featured on the reverse side are the Atlantic puffin, the …
Goldcorp buys shares of Wheaton
Toronto-listed Goldcorp (TSE) has bought 2.3 million common shares and 823,540 warrants of Wheaton River Minerals (TSE).One warrant and $1.30 can be exchanged for one Wheaton share on or before Nov. 1…
Index (April 24, 1995)
CareersClassified AdvertisingDiamond NewsDiamond DrillersDividendsEditorialsMetal PricesMetals CommentaryOdds `n’ SodsProfessional DirectoryRights & WarrantsStock MarketsSubscriber Services…
Gold Funds (April 24, 1995)
Gold Funds as of Apr. 18BGRCentralNet Value$17.12$6.74Price$14.63$7.00Discount14.57%Premium3.9%Value$133,841,000$126,695,100…
Bre-X drills Central zone of Busang gold project
A third phase of drilling is under way on the Central zone of Bre-X Minerals'(ASE) Busang gold project in Indonesia.To date, two rigs have drilled 24 holes as part of a 3,654-metre program. The stepou…
Regeena bullish on La Cucaracha copper-gold project
Preliminary work on the Cucaracha copper-gold project in Chile is returning encouraging results for Regeena Resources (VSE).Sampling returned average grades of 2 grams gold per tonne and 2% copper wit…
Active in Argentina — Yamana samples epithermal targets
The discovery of an epithermal gold district appears to be taking shape south of here in the province of Santa Cruz.During a site visit, The Northern Miner visited six of the 10 cateos, or claim block…
Metals Commentary — Metals buyers, sellers face off
After the metals price turmoil in the first quarter, metals buyers and sellers are maintaining a cool facade as both sides attempt to determine whether there is any weakness in their respective market…
Aurex reports increase in reserves at Cobrex
Reserves at Minera Cobrex’s copper-silver project in northern Chile are on the rise.Aurex Resources (TSE), which holds a 70% interest in Cobrex, now estimates the project’s resource at more than 5 mil…