Freewest, Murgor option Labrador nickel anomaly
Partners Freewest Resources (TSE) and Murgor Resources (VSE) have acquired 118 claims in Labrador. The land package is reported to cover a drainage basin which holds one of the highest combined nickel…
1995
Greenstone’s mine looking rosy
The first bar has been poured at Central America’s largest gold mine, the Santa Rosa.To date, more than 400,000 tonnes of ore have been extracted from the Panamanian open-pit operation, which is owned…
Int’l Curator tops treasury
A brokered private placement will raise up to $8.7 million for International Curator Resources (TSE).Sprott Securities will sell a minimum of 1 million and a maximum of 3.5 million special warrants at…
Newmont provides model for international mine financing
In October, 1990, Joseph Kowalik, a senior geologist with Newmont Gold (NYSE), visited the mammoth Murantau open-pit gold mine in this Central Asian republic and immediately recognized the potential r…
Aussie major options Meliadine property
A major mining company has positioned itself to gain a stake in the Meliadine gold property near Rankin Inlet, N.W.T.The joint venture is currently owned by Cumberland Resources (VSE) and Comaplex Min…
EDITORIAL PAGE — Goodbye, Bob Rae
Ontario voters said goodbye and so long to Premier Bob Rae, the well-meaning but hapless leader of the province’s New Democratic Party (NDP). Michael Harris’s “Common Sense Revolution” obviously struc…
Franc-Or exploring Saul-Sophie
Sampling, trenching and diamond drilling are under way in the Repentir sector of Franc-Or Resources’ (TSE) Saul-Sophie gold property in French Guiana.Many of the trenches have yielded encouraging valu…
GREATEST VALUE TRADED, JUNE 7-13
Value($000s)High Low Close Change Diamond Flds T165496$81 1/4 60 1/269 3/4-10 1/4Inco Ltd T147450$36 1/4 33 3/834 3/4+1/8Barrick Gold T132655$35 7/8 34 1/835 1/4+1Placer Dome …
NEWS IN BRIEF (June 19, 1995)
Manor Resources (MNO: ASE) has changed its name to American Manor (ANO:ASE) on a 1-new-for-10-old-share basis.
Idaho property attracts new player
A new partner is at hand for the Almaden property in western Idaho.K.-based Compass Capital can earn a 60% interest from Ican Minerals (TSE) by funding a final feasibility study, to be completed by Fe…
Weaker copper prices predicted
The global copper market will experience a surplus next year, causing average cash prices to fall below US$1 per lb., according to industry analyst Bloomsbury Mineral Economics.In its latest monthly r…
East Africa Gold outlines gold resource at Buckreef
Drilling at the Buckreef property in Tanzania continues to return encouraging gold values for East Africa Gold (VSE). The program is testing the downdip and strike extent of shear-hosted gold minerali…