1995

ALUMINUM: MW U.S. market US89.5 cents-90.5 per lb. (Dec. 9, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Dec. 2, 1994). BISMUTH: MW New York dealer US$3.90-4.20 per lb. (Oct. 27, 1994). C…

The increasing trend toward “globalization” of the mining industry continued in 1994, with an increasing number of North American-based companies succeeding in bringing foreign properties into product…

Having acquired a prospecting licence for the Dunkwa gold property in Ghana, Birim Goldfields (CDN) is setting its sights on production, possibly within three years. President Stuart Lee says the comp…

Canada’s second-largest nickel producer, Falconbridge (TSE), completed a successful initial public offering about mid-year. The transaction, worth about $1.4 billion overall, was one of the country’s …

A group of former employees of Curragh successfully acquired the Faro zinc-lead mine assets of the bankrupt producer. The operation is situated in the Yukon. Anvil Range Mining (TSE), which became a p…

Several developments are reported from Hendricks Minerals Canada’s (CDN) three base and precious metals projects. Assay results are now available from the last hole of the 1994 exploration project at …

Drilling conducted at the Omai gold mine in Guyana has led to a 40% increase in proven and probable reserves, compared with the estimates contained in the original (December, 1990) feasibility study. …

Partners Sharpe Energy & Resources (VSE) and Freewest Resources Canada (TSE) have drilled their first drill hole in the so-called Wisconsin massive sulphide program. The Sharpe-Freewest program is foc…

Toronto-listed Caledonia Mining has completed transactions to acquire two companies with operating gold mines in South Africa for a total of $49.1 million. Caledonia can acquire a 100% interest in Bar…