Minco lands joint venture in China
Following a due diligence visit to China, Minco Mining & Metals (VSE) has signed a joint-venture agreement with the Szechwan Bureau of Geology & Mineral Resources (SBGMR).The agreement enables Minco t…
1995
PEOPLE — REPADRE
Joseph Conway appointed president and chief executive officer.
PEOPLE — PEGASUS GOLD (August 14, 1995)
Robert Lonergan appointed vice-president, general counsel and corporate secretary.
METAL PRICES — FREE MARKET (August 07, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateAugust 1 July 31July 28 July 27 July 26Copper3010-3015 2978-29572982-29873005-30102970.5-2985.5Lead624.5-625.5 621-622620-62162…
INVESTMENT COMMENTARY — Coal producer Hillsborough shows earnings potential
The coal sector may not be imbued with the romance associated with gold or diamond mining, yet “black gold” does generate profits for many a producing company.Douglas Hurst, mining analyst for Sprott …
Drilling at Red Lake mine proves continuity of zones
Goldcorp (TSE) has released additional results from its ongoing $10-million exploration and development program at the Red Lake mine in northern Ontario.In addition to advancing drifts, Goldcorp carri…
Copper price keeps Princeton in black
With the Similco open-pit operation in British Columbia running smoothly and the price of copper reaching record highs, Princeton Mining (TSE) performed solidly in the second quarter.The company earne…
Temagami staking rush anticipated for summer
A wide range of mineral prospects in the Temagami area of northern Ontario will trigger a claimstaking rush when dozens of dormant townships are thrown open to developers later this month, government …
Meetings (August 07, 1995)
MEETINGSAug. 14, JentanAug. 14, LoumicAug. 14, NucanolanAug. 14, RupertAug. 15, Bellevue Aug. 15, NewcoastAug. 15, Springsyde Aug. 15, TakuraAug. 15, Webex Aug. 15, YamanaAug. 16, Alpha GoldAug. 16, I…
Manhattan to resume exploration at Montosa
Manhattan Minerals (TSE) will use a portion of the proceeds from a $2-million private placement on two Latin American ventures — one in Mexico, the other in Peru.The funds will enable the junior to p…
LABRADOR NEWS ROUNDUP — Goldnev, Starcore cut sulphides
Layered sulphide bodies have been intersected in drill holes testing an electromagnetic conductor on Niatak Island, 30 km east of the Voisey Bay deposit.Joint-venture partners Goldnev Resources (VSE) …
LABRADOR NEWS ROUNDUP — Takla Star reports gossan find
Gossans containing nickel, copper and cobalt mineralization have been reported by an exploration crew checking an electromagnetic conductor on a property held by Takla Star Resources (ASE) southwest o…