LABRADOR NEWS ROUNDUP — Freewest options ground
An option agreement with Newfoundland Goldbar Resources (CDN) sets the stage for Freewest Resources Canada (TSE) to earn a 50% interest in 19 separate properties along the Labrador coast.The propertie…
1995
Aur to buy Granges properties
A deal covering 39 base metal properties has been struck between Aur Resources (TSE) and Granges (TSE). Many of the properties have already been subjected to reserve estimates, while others are known …
PEOPLE — CELTIC MINERALS
Patrick Hannon, Wayne Ewert and David Graham appointed directors.
PEOPLE — METALLICA (July 24, 1995)
Louis Lepry appointed president and chief operating officer.
Magma Tintaya labor contract unique for Peru
The Peruvian subsidiary of Arizona-based Magma Copper has ratified a long-term labor contract with its unions.The agreement is unusual in that it commits Magma Tintaya and the unions to a 5-year agree…
DIAMOND NEWS ROUNDUP — Diamond Fields subsidiary sells parcel of African diamonds
These days, Diamond Fields Resources (TSE) is best known for its 75%-owned Voisey Bay nickel-copper-cobalt discovery in Labrador. But the company was formed with the hope of becoming a diamond produce…
Cathedral to drill-test Guyanese gold prospect
Drilling will test a northwest-trending structure on the Tallman property in Guyana.Cathedral Gold (TSE) can earn a 90% interest in the property, which is 5 miles from the company’s Hicks project.In a…
Eagle River soars to summer startup
Preproduction development is bringing the Eagle River gold deposit closer to production.Situated some 50 km west of Wawa, Ont., the property is wholly owned by River Gold Mines (TSE). Gold production …
Five B.C. mines win reclamation awards
Five British Columbia mines were presented with awards for outstanding achievement in mine reclamation programs at the 19th annual mine reclamation symposium held recently in Dawson Creek.The top spot…
Queenstake options Kazakh copper projects
Toronto-listed Queenstake Resources can acquire an interest in several oxide copper projects in Kazakhstan.Queenstake can acquire a 100% interest in Resource Development Kazakh (RDK), a Colorado limit…
China takes steps to bring order to tungsten market
China is taking steps to bring some order to its tungsten industry.The country is reported to have halted mining in order to crack down on smuggling and to prevent prices from falling.In particular, a…
Virginia, Diabior work Quebec properties
Two Montreal-listed juniors, Virginia Gold Mines and Explorations Diabior, are busily engaged in northern Quebec.The companies have concluded two option agreements with Soquem on the Eastmain Ouest an…