News


Diamond Fields confirms strike extensions of Voisey

As a result of recent drilling at the Voisey Bay copper-nickel-cobalt project in Labrador, Diamond Fields Resources (TSE) concludes that two other zones of sulphide mineralization exist, one east and …


GOLD FUNDS (October 23, 1995)

Gold Funds as of October 12BGRCentralNet Value$17.37$6.58Price$13.88$6.500Discount20.11%1.2%Value$135,788,000$117,645,450…



Shareholders approve Royal Oak acquisitions

Shareholders of Geddes Resources (TSE), El Condor Resources (VSE) and St. Philips Resources (VSE) separately approved a previously announced plan of arrangement which will result in Royal Oak Mines’ (…


Atlas poised to restart Nevada’s Gold Bar mine

Using its equity interest in Granges (TSE), New York-listed Atlas is securing financing to resume mining at its Gold Bar mine in central Nevada.Atlas will receive US$11 million from two Canadian secur…


COMMENTARY — Rhetoric over reason

Recent criticism of the mining industry expressed by Interior Secretary Bruce Babbitt shows that “he continues to rely on rhetoric over reason, and places politics over policy in his quest to drive th…



Loki finances heap leaching in Yukon

A private placement of 11.2 million special warrants has netted more than $20 million for Loki Gold (TSE), clearing the way for heap-leach production at the Brewery Creek gold project in the Yukon.Eac…


Queenstake drops Kazak copper project

Following a due diligence review, Queenstake Resources (TSE) has opted to drop its option to acquire an interest in the Kenjetal copper project in Kazakhstan.The company determined that although the s…


Meetings (October 23, 1995)

MEETINGSOct. 30, Blue Ribbon Oct. 30, Ican Oct. 30, KayorumOct. 30, PrincessOct. 30, Seaway Base Metals Oct. 30, Sidon Int’lOct. 30, TemplarOct. 30, Vauquelin Oct. 31, AlpetroOct. 31, American Wollast…


Altai claims copper-gold find

The Peruvian operating unit of Altai Resources (TSE) has acquired a copper-gold porphyry deposit in the southwestern department of Arequipa.The title to three of the five claims has, however, been cla…


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