Loma de Hierro granted approval
It’s full steam ahead for the Loma de Hierro laterite nickel project.A recent environmental approval by the Venezuelan government follows close on the heels of approval for the feasibility study.The p…
News
Production on the rise for Placer
Gold output for Placer Dome (TSE) is expected to reach 2 million oz. in 1996, up from a projected 1.8 million oz. in 1995.The company expects its cash cost of production to average US$220 per oz. in 1…
Conwest, Alberta Energy plan merger
Oil and gas explorer and producer Alberta Energy announced plans for a buyout of Conwest Exploration (TSE), under which the merged company would sell Conwest’s mining and hydroelectric interests.Alber…
PRODUCER PRICES (December 18, 1995)
ALUMINUM: MW U.S. market US78 cents-79 cents per lb. (Dec. 1, 1995).ANTIMONY: MW New York dealer US$2.20-2.40 per lb. (Nov. 24, 1995).BISMUTH: MW New York dealer US$4.00-4.30 per lb. (Nov. 24, 1995).C…
Corrections (December 18, 1995)
A report in our Dec. 11 issue listed an incorrect bulk-sample grade of 10.91 carats per tonne from AfriOre’s Kareevlei Wes diamond property. The correct grade is 10.91 carats per 100 tonnes.
CanGold teams with Kazakhstan Goldfields
Kazakhstan Goldfields, a private, Ontario-based corporation, has merged with Amalgamated CanGold (TSE).The deal, which takes effect Dec. 31, is subject to regulatory and shareholder approval.Through i…
Barrick to fund Anacoco gold projects
An agreement has been reached whereby shares of Chesbar Resources (ME) will be privately placed with Barrick Gold (TSE), and the proceeds used to fund exploration of Chesbar’s gold properties in easte…
Casmyn expands ground in Zimbabwe
Casmyn, which trades over the counter, has signed two option agreements for gold properties in south-central Zimbabwe.One of the deals was made with Zimbabwe-based Olympus Gold Mines, which owns a 690…
STOCK MARKETS — Atna, Nickelodeon bright spots in dim market
After entering the December month on an upswing, western markets edged downward over the report period ended Dec 12. The Vancouver Stock Exchange resource index slipped 5.44 points to close at 1,265.1…
Tyler hopes for Heart of gold
Two drills are working at the Weedy Lake property, northeast of La Ronge, Sask.Operator Tyler Resources (TSE) and Golden Rule Resources (TSE) have budgeted $572,000 for 5,545 metres of drilling.Previo…
Index (December 18, 1995)
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Takla extends Bolivian gold program
Preliminary exploration work on the Orko Pina project in Bolivia has prompted Takla Star Resources (ASE) to plan additional work.Exploration work outlined a 2.2-sq.-km soil, stream sediment, alluvial …