News


Positive study for Andacollo

Management of Canada Tungsten (TSE) plans to develop the Andacollo copper property in Chile, with the red metal to be recovered by solvent-extraction electrowinning. The Vancouver-based company (now h…


PEOPLE — BISMILLAH

Raymon Mabanta, Celissa Ma, Willy Ramussen and J. Woods appointed directors.


PEOPLE — SWANNELL

John Mooney appointed vice-president and director; Shirley Mooney appointed director.


NEWS IN BRIEF (November 21, 1994)

Lodestar Explorations (LSI:VSE) has changed its name to Precision International Resources (PLO:VSE) on a 1-new-for-5-old-share basis.


Correction (November 21, 1994)

The Daisy property is owned 75% by Inter-Rock Gold (ME) and 25% by Rayrock Yellowknife Resources (TSE). Incorrect information appeared in our issue of Nov. 7.


Gold Funds (November 21, 1994)

BGR Central Net Value $17.76 $6.58 Price $14.88 $6.875 Premium 4.5% Discount 16.26% Value $143,505,000 $124,432,688…


Aquaterre options Georgia

Junior Aquaterre Mineral Development (VSE) has acquired half of the Georgia River property in northwestern British Columbia. Previous work outlined a drill-indicated and inferred resource of 304,000 t…


Expansion planned at Porgera

A $77-million expansion plan has been approved for the Porgera gold mine in Papua New Guinea (PNG). Vancouver-based Placer Dome (TSE) holds an 18.9% interest in the joint venture. Among the other part…


Ridgeway deal nixed

The Ridgeway gold mine in South Carolina is back on the auction block following the announcement that Kinross Gold (TSE) and Kennecott Minerals have terminated their negotiations. In October, Kinross …


Eldorado boosts La Colorada tonnage

Development drilling at La Colorada mine property near Hermosillo, Mexico, is proving successful for owner Eldorado (TSE). The proven and probable mineral resource is now estimated at 12 million tons …


Metall on road to recovery

Three factors — higher metal prices, production from two new mines, and the purchase of an interest in a smelter — helped strengthen Metall Mining’s (TSE) performance in the third quarter. The compa…


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