Petaquilla drilling continues to deliver
Drilling on the Petaquilla property in Panama continues to return gold values on the Molejon zone.The drilling is aimed at outlining a stand-alone gold mine, while feasibility work continues on the ne…
1995
MNDM unveils computer aid system
Ontario’s Ministry of Northern Development and Mines has unveiled computer technology which will give Timmins-area clients electronic access to more than 1 million pages of mineral exploration documen…
COMMENTARY — Computerized maintenance costs
Many mining and construction companies have purchased computerized maintenance management systems (CMMS), only to find that the system cannot be used until someone feeds the database with the followin…
LABRADOR NEWS ROUNDUP — Butec, Troymin option nickel prospects
Partners International Butec Industries (VSE) and Troymin Resources (VSE) have acquired an option on a 170-sq.-km property in Labrador.The property contains three known concentrations of massive sulph…
Mirage estimates a resource for its Salvadoran gold project
Consultants for Mirage Resource (TSE) have calculated a geological resource of 5.2 million tonnes grading 6.29 grams gold and 46.23 grams silver per tonne for the Salvadoran project known as El Dorado…
Spot prices at a glance (July 10, 1995)
Wednesday, July 5Week’sPrice (US)ChangeGold*$384.60-$4.70Silver*$5.07-$0.26Platinum*$434.00-$8.00Nickel**$3.91+$0.20Lead**$0.28$0.00Copper$1.40+$0.02Zinc$0.46$0.00Courtes…
INSIDER TRAIDING — Cons. Ramrod execs acquire shares
Three directors and senior officers of Consolidated Ramrod Gold acquired shares in April.According to the Ontario Securities Commission’s OSC Bulletin, Robert Hunziker, senior officer, exercised optio…
Western Garnet looks toward India
With an eye to expanding globally, industrial minerals producer Western Garnet (TSE) has completed a review of two Indian deposits which contain industrial-grade almandine garnet.The names of the depo…
INVESTMENT COMMENARY — Voisey Bay seen as tip of nickel iceberg
The Voisey Bay nickel-copper discovery in Labrador has already vaulted Diamond Fields Resources (TSE) into the big league, and Yorkton Securities believes the huge deposit represents only “a tiny tip …
STOCK MARKETS — Voisey Bay triggers record trading on VSE
Labrador’s Voisey Bay nickel, copper and cobalt discovery is responsible for the record trading volumes on the Vancouver Stock Exchange for the month of June.Trading volume exceeded 617 million shares…
Teck calculates resource for Voisey Bay deposit
Diamond Fields Resources (TSE) has released preliminary reserve calculations for the Voisey Bay nickel-copper-cobalt deposit in coastal Labrador.The reserves, minable by open-pit methods, are estimate…
Russia good as gold for Cyprus Amax
Far Eastern Russia is the site of the latest historic business agreement between the former Soviet Union and Western nations. The U.S. Overseas Private Investment Corp. (OPIC) and the London-based Eur…