PEOPLE — NEWMONT GOLD (May 08, 1995)
Michael Thomsen appointed director of foreign exploration.
1995
METALS COMMENTARY — Demand for metals still reasonably healthy
Metals investors continue to cope with the rapid-fire changes affecting their markets. While a noticeable slackening in U.S. demand has cooled orders for housing and autos, U.S. manufacturers seem unf…
Companies (May 08, 1995)
AberAdexAgate BayAlmadenAmaradoAmcorp IndAmer BullnArizona StarAshton MngAurBaja GoldBarrick GBattle MtnBema GoldBlack HawkCalcoCaledoniaCampbellCamphor VtCanarcCaribGoldCashChannel…
Kinross acquiring Macassa mine
The annual gold output of Kinross Gold (TSE) is set to rise dramatically with the acquisition of the Macassa mine at Kirkland Lake, Ont., and the purchase of an additional interest in the Denton-Rawhi…
Voisey Bay extension discovered
The latest results released by Diamond Fields Resources (TSE) from its Voisey Bay project in Labrador include holes drilled to test a target that is believed to be a downfaulted extension of the previ…
Potential of Argentina attracts foreign miners
Recent events in Argentina have convinced many Canadian companies that South America’s exploration potential is not restricted to Chile.Argentina is the second-largest country in South America, occupy…
NEWS IN BRIEF (May 08, 1995)
Broadlands Resources (BOD:VSE) and Shorewood Exploration (SWX:VSE) have amalgamated to form International Broadlands Resources (IBR:VSE). Broadlands and Shorewood shareholders received one new share f…
Crown rejects merger offer
Junior Crown Resources (TSE) has rejected a merger proposal by Battle Mountain Gold (NYSE), claiming it is not in the best interest of its shareholders.The proposal was offered in mid-April, somewhat …
NDU, Cash team at Ruby Range
A joint-venture agreement with Cash Resources (VSE) paves the way for NDU Resources (VSE) to earn a half interest in the Ruby Range gold property in southwestern Yukon.To do so, NDU must pay $150,000 …
Channel expands African holdings
While it continues to explore its gold concessions in Burkina Faso, West Africa, Channel Resources (TSE) is acquiring interests in two additional properties in the area.By gaining a 95% stake in these…
COMMENTARY — Data storage and retrieval
The mining industry faces escalating difficulties in finding new mines in Canada and around the world. Data analysis is a key ingredient in successful exploration programs, particularly with respect t…
Vancouver hosts annual convention — Drillers discuss variety of topics
Computerization, regulation and foreign projects were among the many topics discussed at the 52nd annual meeting and convention of the Canadian Drilling Association, held here recently.Technical paper…