Ramrod forms JV at Damoti Lake
Consolidated Ramrod Gold (TSE) will sell a half interest in its Damoti Lake gold project, north of Yellowknife, N.W.T., to a California-based junior.In return, Canadian American Resource will pay US$1…
News
Cerro Cobre returns anomalous copper-gold
Geological mapping and sampling at the Cerro Cobre copper-gold porphyry prospect in Chile have returned anomalous values for partners Agate Bay Resources (VSE) and Demand Gold (VSE).Soil geochemical s…
Drilling under way at Dunkwa property
The first two diamond drill holes at the Dunkwa property in Ghana have been completed.Partners Birim Goldfields (CDN) and Hemlo Gold Mines (TSE) are looking to correlate their diamond drill results wi…
Moss and Barrick plan to drill Koval property in Ontario
An 8-to-10-hole drill program is ready to begin on the Koval gold property in the Pickle Lake area of northwestern Ontario.Under an agreement between Barrick Gold (TSE) and Moss Resources (TSE), the l…
Minorca drilling Rodeo Creek gold property
Drills are turning at Montreal-listed Minorca Resources’ Rodeo Creek property in Nevada’s Carlin trend.The main target of the 4,000-ft. program is a fault structure which crosses a well-known gold fee…
MOST ACTIVE ISSUES, 1995
Volume(000s)HighLowCloseChange Placer Dome T218172$402533+2 5/8Barrick Gold T211403$3827 1/436+4 5/8Inco Ltd T175593$51 5/831 7/845 1/8+5TVX Gold Inc T156951$11 3/88 …
NEWS ROUNDUP — Gold City funds work at WelBar
Junior Gold City Mining (VSE) is financing further exploration work on its WelBar Gold project in central British Columbia.The company raised more than $335,000 through a private placement of units pr…
NEWS ROUNDUP — SAGC raises funds for Chile
Bermuda-based junior South American Gold & Copper (TSE) has completed a private placement of 5.1 million shares at US80 cents per share.The US$4 million in proceeds will be used to explore and develop…
GREATEST VALUE TRADED, Dec 23-29
Value($000s)HighLowCloseChange Barrick Gold T82635$37 1/435 1/237 1/8+ 5/8Inmet Mining T51421$10 1/49 3/49 7/8- 3/8Inco Ltd T50278$45 1/244 3/845 1/2- 1/2Sherritt T41651$17…
NEWS ROUNDUP — Puma drills El Salado property
Drills are turning at El Salado, a gold deposit on the 400,000-hectare Uspallata property in Argentina.Puma Minerals (VSE), which is earning a half interest in the project from Argentina Mineral Devel…
PRODUCER PRICES (January 08, 1996)
ALUMINUM: MW U.S. market US78.5 cents-79.5 cents per lb. (Dec. 15, 1995).ANTIMONY: MW New York dealer US$2.00-2.20 per lb. (Dec. 8, 1995).BISMUTH: MW New York dealer US$4.10-4.30 per lb. (Dec. 8, 1995…
Viceroy and MK settle dispute
A settlement has been reached in the dispute over the mining contract at the Castle Mountain open-pit, heap-leach gold mine in California.Joint-venture partners Viceroy Resources (TSE) and MK Gold (NA…