Westmin firms up potential in Yukon
With three drill rigs turning on the Foot property in the southern Yukon, Westmin Resources (TSE) is sizing up the potential of the zinc-rich massive sulphide mineralization.Westmin can earn a 60% int…
News
INVESTMENT COMMENTARY — Success in Zimbabwe, Colorado renders Redaurum a buy
With two projects under development and one in production, Redaurum (TSE) is a rising star among junior diamond miners.In a report, Roger Chaplin, analyst with T. Hoare & Co., draws attention to the c…
Green light flashes for Collahuasi
Toronto-based Falconbridge (TSE) and joint-venture partner Minorco will spend $1.75 billion to develop the Collahuasi copper project in northern Chile.Collahuasi is one of the world’s largest undevelo…
PEOPLE — LYTTON MINERALS — Francois Hoffman appointed chief consultant.
FINANCING (October 09, 1995)
Cabot Creek Mineral Corp. — 1,300,000 shs @ 22 cents per sh.Pioneer Metals Corp. — 7,100,000 shs @ $2.50 per sh.
COMMENTARY — Back to the Stone Age
When it comes to producing wealth and tax revenues, and creating employment through high-paying jobs, there is little dispute about the enormous value of mining. But what would it be like to live for …
Echo Bay gets nod for Lamefoot
Development plans are in the works for the Lamefoot gold deposit now that Echo Bay Mines (TSE) has received approval from the U.S. Bureau of Land Management (BLM) to expand its Kettle River operations…
CanTung secures loan for Andacollo
Guarantees from Aur Resources (TSE) will secure a US$55-million loan to Canada Tungsten (TSE) for preproduction development of the Andacollo copper deposit in Chile.Dresdner Bank Canada is providing t…
Canadian States reports on check assays
Assays are expected shortly from several additional holes drilled by Canadian States Resources (CDN) at its 1514M claim block in Labrador.In the meantime, however, the company says the previously rele…
DIAMOND NEWS ROUNDUP — Mountain Lake Res. joins Ashton in South African diamond venture
A joint venture has been formed between Mountain Lake Resources (VSE) and Ashton Mining’s African subsidiary to evaluate the Nooitgedacht alluvial diamond property in South Africa.Alluvial gravels exp…
NEWS IN BRIEF (October 09, 1995)
Consolidated Carina Resources (CCK:VSE) has changed its name to United Carina Resources (UCA:VSE) on a 1-new-for-4-old-share basis.
LABRADOR NEWS ROUNDUP — Fleck seeking drill permits
Fleck Resources (VSE) is applying for drill permits for its 92-claim block immediately west of Diamond Fields’ Voisey Bay claim block in Labrador.The company has identified three magnetite-bearing gos…