TVX completes purchase of Greek mining assets
A subsidiary of TVX Gold (TSE) has acquired the Kassandra Mines concessions in Greece.TVX made an initial payment of US$19.5 million and will pay an additional US$28 million in instalments over five y…
News
GREATEST VALUE TRADED, 1995
Value($000,000s)HighLowCloseChange Barrick Gold T7010$3827 1/436+4 5/8Inco Ltd T6178$51 5/831 7/845 1/8+5Placer Dome T6122$4025///33+5/8Noranda Inc T2163$3021 1/228 …
Eden Roc acquires Marshall’s interest
Marshall Minerals (TSE) will transfer to Eden Roc Mineral (TSE) its interest in a mining exploration permit in Ivory Coast.In consideration, Marshall will receive 1.3 million Eden Roc common shares an…
NEWS ROUNDUP — Pan African plans to go public
Pan African Resources, a subsidiary of Golden Star Resources (TSE), will combine with Humlin Red Lake Mines (CDN) and establish itself as a separate, public company.The subsidiary will issue a private…
Tri Origin defines zones at Lewis Ponds
Having drilled 12 holes, Tri Origin Exploration (TSE) has defined an inferred resource at Tom’s zone on the Lewis Ponds property in New South Wales, Australia.The inferred resource, which lies between…
Venezuela pushes for mining reforms
The Venezuelan government is determined to improve the opportunities for investment in the mining sector, says Dr. Oswaldo Ruiz, director of mining and geology for the country’s Ministry of Energy and…
General Minerals signs new deal in China
Newly listed General Minerals (TSE) has recovered from an aborted joint venture by signing its name to a new deal.Shortly after its initial public offering, the company found itself out in the cold af…
Intersection widens at Guibord Twp.
Montreal-listed partners Tandem Resources and NAR Resources are encouraged by results from a recently drilled hole in Guibord Twp., near Matheson, Ont.The mineralized intersection is now known to be 1…
CanGold shareholders give nod to Kazakhstan merger proposal
Shareholders of Amalgamated CanGold (TSE) have approved a proposed merger with privately owned Kazakhstan Goldfields. The new company will be called Central Asia Goldfields.CanGold has asked the Toron…
MacDonald, Golden Hill cut sulphides
Drill holes at the Florencia-Jabobo exploration concession, 750 km southeast of Havana, Cuba, have intersected sulphide mineralization.Joint-venture partners MacDonald Mines Exploration (ASE) and Gold…
Companies (January 08, 1996)
INDEXAbitibi M’g Agate Bay Res. Amalgmtd CanGld Anglo Min. Anvil Range M’g Aranlee Res. Arequipa Res. Argosy M’g Arimetco Int’l Auspex Gold Auspex Min. Baja Gold Barrick Gold Battle Mtn Gld Birim Gldf…
Faro holds promise for cash-strapped Anvil
For the fiscal year ended Oct. 31, 1995, Anvil Range Mining (TSE) lost $3.1 million, or 23 cents per share. But the company hopes soon to find itself back in the black now that production has resumed …