NEWS ROUNDUP — Highwood merges with Mountain
Juniors Highwood Resources (HWD-T) and Mountain Minerals (MIM-T) are merging to create a company specializing in industrial minerals and specialty metals.As a result of the merger, shareholders of Mou…
News
Feasibility study wrapped at Somboon
The initial feasibility study for Asia Pacific Potash’s (APQ-T) Somboon Field deposit in Thailand has been submitted.Situated on a 2,333-sq.-km concession in the northeastern part of the country, Somb…
Spot prices at a glance (September 02, 1996)
Wednesday, August 28, 1996Price (US)Week’s ChangeGold*$388.65+ $1.20Silver*$ 5.21…
COMMENTARY — Adopt-an-MP
Warren Holmes is president and general manager of Falconbridge’s Canadian nickel operations and former president of the Ontario Mining Association. He has written this article at the request of Keep M…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Underground work pans out at Eagle River
Underground development at the Eagle River mine near Wawa, Ont., has established sufficient reserves to replace 1996 production completely.Calling the underground drill program mine “very rewarding,” …
THE GLOBAL SEARCH FOR GOLD SPECIAL — Etruscan funds African exploration
A recent financing initiated by Etruscan Enterprises (EET-V) is expected to provide proceeds of $7 million for exploration programs at the company’s gold properties in Niger.The company plans to use a…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Major General finds gold at Orion
Ongoing drilling at Green Bay, Nfld., has uncovered extensive gold mineralization within the Orion zone, reports Major General Resources (MGJ-V).Major General hopes to find enough gold at Orion to sup…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Claude explores Santoy property in Saskatchewan
An exploration program is planned for this season at the Santoy Lake gold property in Saskatchewan.The program will be carried out by Claude Resources (CRJ-T), which recently amended its joint-venture…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Chesbar seeks 100% of concession
Management of Chesbar Resources (CBI-M) is seeking to acquire the remaining 20% interest in La Salle I concession in Venezuela.The company is seeking to add this to its current 80% holding in the conc…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Mali attracts more junior companies
Partners Ressources Robex (RBX-M) and Alpine Exploration (AXC-V) will jointly explore for gold in the Kenieba area of western Mali.The companies are gaining a stake in a permit application from owner …
NEWS ROUNDUP — Golden Regent exploring in Slovakia
By acquiring four new permits, partners Golden Regent Resources (GRR-A) and Profile Resources (PFI-A) have expanded their holdings in the Republic of Slovakia.Golden Regent, which now operates 14 perm…
Ecu to drill Bell
A sampling program has been carried out by Ecu Gold Mining (ECU-M) at the Bell Mountain gold property southeast of Fallon, Nev.The program outlined 13 mineralized structures, including the Sphinx and …