Metal Prices — FREE MARKET (June 12, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateJune 6June 5June 2June 1May 31Copper2881-2882 2911-2913 2877-2887 2862-28642851-2852Lead593.5-594.5 593.5-594.5 610.5-611.5 605.5…
1995
Santa Fe drills Swan property
A 15-hole diamond drill program by Santa Fe Pacific Gold (NYSE) is testing the potential of several mineralized, “pipe-like bodies” on the Swan gold property, 20 miles south of Helena, in southwestern…
New zone found at Mount Pleasant
A 5-hole exploration program has enabled Adex Mining (TSE) to confirm continuity of ore-grade mineralization between two known zones on the Mount Pleasant property in southern New Brunswick.The drilli…
Collahuasi mine expansion has Falconbridge excited
Definition drilling at the Collahuasi copper project in northern Chile has enabled Falconbridge (TSE) and equal partner Minorco to boost geological resources.The figure now stands at a staggering 3.1 …
Santa Elina to build new plant
Last year, Brazilian gold producer Santa Elina Gold (TSE) raised over US$36.5 million through an initial public offering and private placement.The funds were used to pay down existing debt, to purchas…
Reunion Mining busy in Ghana
Reunion Mining, 30.7% owned by Toronto-based Caledonia Mining (TSE), has acquired rights to earn an interest in two gold prospecting licences near Bibiani, Ghana.Reunion’s agreement with the Placer Do…
Prefeasibility study expected for El Dorado
A drilling program is helping Mirage Resource (TSE) to gain a better understanding of the northernmost prospect on its El Dorado gold project in El Salvador.Drilling has tested the La Coyatera North z…
Corner Bay acquires Arizona copper play
Corner Bay Minerals (TSE) is acquiring the Korn Kobb copper property in Arizona by making option and acquisition expenditures and paying a residual royalty on production to the vendor.Corner Bay has, …
Silica deposit discovered in Quebec
Drilling results have delineated probable reserves of 11.6 million tonnes of high-silica quartzite on the De Salaberry Twp., Quebec, property of Bruneau Minerals (ME).The deposit, which is minable by …
Meetings (June 12, 1995)
MEETINGSJune 19, Canadian Mining — annual, generalJune 19, Cross Lake — annual, generalJune 19, Dalmatian — annualJune 19, DRC — annual, generalJune 19, Golden Dividend — annual, generalJune 19, …
Quebec juniors conclude Auclair joint venture
Silver Century Explorations, an affiliate of Agnico-Eagle Mines (TSE), has concluded an option agreement with two Quebec-based juniors, Explorations Diabior (TSE) and Virginia Gold Mines (ME).The agre…
Patrician forms joint venture
Details of a proposed joint- venture agreement between South African gold-producer JCI and Patrician Gold (ASE) on three of Patrician’s Tanzanian properties have become available.JCI has the option to…