NEWS IN BRIEF (January 22, 1996)
Jazzman Ventures (IJV:VSE) and Oro Belle Resources (ORS:VSE) have amalgamated. The new company name will remain Oro Belle Resources (ORS:VSE).
News
Meetings (January 22, 1996)
MEETINGSJan. 29, Cons. Redding Jan. 29, Vulcan Minerals Jan. 30, Excellon Jan. 30, Fenway Jan. 30, Sargon Jan. 30, Texas T Jan. 30, VenCan Gold Jan. 30, Wild River Jan. 31, Acadia Jan. 31, Aries Res. …
Waseco eyes Indonesian properties
Toronto-based junior Waseco Resources (CDN) has set its sights on the Tewah gold project in Kalimantan, Indonesia.The company is negotiating an option agreement that will allow it to earn an undivided…
COMMENTARY — Deep River wants waste facility
The citizens of Deep River, Ont., want to play host to Canada’s first low-level radioactive waste disposal facility. More than 70% of voters in a September, 1995, referendum were in favor of locating …
Rio Narcea starts feasibility at Valle
Denver-based Rio Narcea Gold Mines (TSE) reports that most of the 1.9 million common share purchase warrants issued at the time of the company’s public offering have been exercised.At the time of expi…
Royal Oak boosts Timmins resource
A year of drilling by Royal Oak Mines (TSE) has elevated the preliminary resource at the Night Hawk Lake properties to 1.4 million oz. gold.The properties, which cover a 46-sq.-km area straddling the …
Canyon completes financing for Briggs
Canyon Resources (NASDAQ) has received all major permits and secured financing for its Briggs gold mine in southeastern California.The company raised US$44 million to finance mine construction and rec…
P.T. Inco starts mine expansion
Now that an agreement to extend the contract of work has been signed, P.T. International Nickel Indonesia, a 58.7%-owned subsidiary of nickel giant Inco (TSE), will begin a major expansion program des…
Copperstone to resume drilling of Boleo project
Drilling will resume this month at the Boleo copper-cobalt project in Baja California Sur, Mexico.Copperstone Resources (VSE), which is earning an 80% interest from Island-Arc Resources (VSE), plans t…
Spot prices at a glance (January 22, 1996)
Wednesday, January 17, 1996Week’sPrice (US)ChangeGold*$398.90+$2.15Silver*$ 5.49-$0.05Platinum*$419.75+$3.90Nickel**$ 3.54+$0.12Lead**$ 0.32+$0.01Copper $ 1.18$0.00Zinca$ 0.47+$0…
EDITORIAL PAGE — A Superfund model
We’ve said it before, and we’ll say it again: government agencies should stay out of the environmental remediation business, for the simple reason that private interests can do the job better, and at …
Forum to explore land use issues
Land use and entitlement will be the focus of a national forum on resource development and management on First Nation territories, scheduled for April 14-17 in Calgary.The forum, to be chaired by Chie…