Anglo American a world player
The winds of change have had a significant impact on the politics and economics of South Africa, a nation known as much for deep gold mines as for its abundance of varied mineral wealth. Large mining …
News
EDITORIAL PAGE — Who is conning whom?
In October of this year, Paul Birckel, chief of the Champagne and Aishihik First Nations, fired off a letter to British Columbia Premier Michael Harcourt asking the government to withdraw its support …
Inco opens new coating facility
Phase one of the $17.3-million nickel coating facility of Inco Europe in Wales was recently inaugurated by Canadian High Commissioner Royce Frith. The high-tech project, at the Inco nickel refinery at…
Old Weedon mine site undergoes reclamation
It cost almost $4 million to reclaim an old copper mine site at Weedon, Que., about 100 km east of Sherbrooke. The work at the old mine site, which was fully operational in the 1950s, was wrapped up i…
NEWS ROUNDUP — Bell Moly, Adanac plan merger
The rising price of molybdenum has prompted two Vancouver-listed companies — Bell Molybdenum Mines and Adanac Mining & Exploration — to amalgamate. Shareholders and regulators have yet to approve th…
Metall selling Mobrun royalty to Cambior
Toronto-based Metall Mining (TSE) has agreed to sell its 4% net smelter return (NSR) royalty on production from the Mobrun polymetallic property of Audrey Resources (TSE) for $11 million to Cambior (T…
Ramrod resumes drilling at Damoti
Toronto-listed Consolidated Ramrod Gold has intersected coarse visible gold within high-grade intervals at the Damoti Lake property near Yellowknife, N.W.T. The discovery follows resumption of a minim…
SAGC funds work in central Chile
Toronto-listed South American Gold & Copper (SAGC) is raising US$4.1 million to expand exploration and development in South America. It is doing so by means of a private placement of 3 million shares …
ODDS’N’SODS — Early bush pilots operated with a sense of
When I was busily involved in mineral exploration in Ontario in the early 1950s, I met a young bush pilot named Hong Mar. He was flying for Canadian Superior Air Services at the time, following a peri…
Cusac confirms mineralized vein
At the Table Mountain gold property in northern British Columbia, preliminary work has begun on the western extension of a new structure identified as the Big Vein. The work coincides with advancement…
Gold Funds (December 12, 1994)
BGR Central Net Value $17.07 $6.50 Price $13.63 6.50 Discount 20.19% Premium 1.7% Value $136,557,000 $117,645,450…
NEWS IN BRIEF (December 12, 1994)
Mark V Petroleums & Mines (MRV:VSE) has changed its name to TLC Ventures on a 1-new-for-3-old-share basis.