News

Virginia, Diabior find additional gold

A third gold discovery has been made on the Eastmain West property of Virginia Gold Mines (ME) and Diabior Explorations (ME), about 250 km northeast of Matagami, Que.An induced-polarization (IP) anoma…


Strike active in Horwood Twp.

Companies continue to acquire interests in the Horwood Twp. area, 95 km southwest of Timmins, Ont., following the discovery of a surface gold showing by Morgain Minerals (VSE).An option on a 6.9-sq.-k…


Gold symposium planned for Peru in 1996

The success of the first gold symposium has prompted the gold committee of Peru’s National Mining and Petroleum Society to organize a second international gold symposium.The conference and exhibition …


Base metals found in Matagami, Que.

Two parallel, mineralized horizons have been identified on the Matagami, Que., base-metal property of Southern Africa Minerals (TSE) and BHP Minerals Canada.Between August and October, five holes, tot…


B.C. mining companies show they have a heart

British Columbia’s mining industry has helped the province’s Children’s Hospital hit pay dirt by pledging $750,000 for equipment and renovations to the institution’s Cardiac Unit.The pledges are part …


HRC gears up for work on Andes

Exploration is set to resume on the Andes project in northwestern Argentina. Joint owners Eldorado (TSE) and HRC Development (VSE) reached an agreement with Cameco (TSE), giving that company the right…


CIM luncheon to focus on Collahuasi

The Collahuasi copper project in Chile will be the subject of the next luncheon meeting of the Toronto branch of the Canadian Institute of Mining and Metallurgy.Thomas Pugsley, vice-president of proje…


Cyprus options Roxmark properties

The Canadian exploration unit of Cyprus Amax Minerals (NYSE) has moved into the Geraldton camp of northern Ontario by acquiring an option on properties held by Roxmark Mines (TSE).Cyprus can earn a 60…


Spot prices at a glance (November 20, 1995)

Wednesday, November 15, 1995Week’s Price (US)ChangeGold*$385.60+$0.90Silver*$ 5.34-$0.04Platinum*$416.00+$1.75Nickel**$ 3.79-$0.05Lead**$ 0.31+$0.01Copper $ 1.35$0.00Zinca$ 0…


Etruscan works gold targets surrounding Koma Bangou

With the uranium boom long past, the impoverished West African nation of Niger is pinning its hopes on gold. Canada’s Etruscan Enterprises (VSE), in turn, is turning to Niger for its future.When The N…


Misty Mountain , Romulus merge

Ownership of the Harmony gold project in British Columbia is now consolidated into Misty Mountain Gold (TSE), following its merger with Romulus Resources.Misty Mountain rolled back its shares on a 1-f…



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