News


Companies (October 23, 1995)

INDEXAbacusAdex MngAdrianAlmandenAltaiArchangl DiAthabska GldAtna ResAurizonBaja GldBarrick GldBattle MtnBirim GldfdsBooker GldBrush Crk M&DCambiorCamnorCampbellCanabrva Di…


Chase to increase share in Taysan

Magma Copper (NYSE) and Chase Resource (TSE) have revised their previously announced agreement regarding their partnership in the Taysan copper-gold property in the Philippines.The original deal, sign…


Battle Mountain eyes Aussie firm

Battle Mountain Gold (NYSE) has held discussions with Australian-listed Mt. Edon Gold Mines concerning a possible merger.Mt. Edon owns the Tarmoola gold mine in the Leonora region of Western Australia…



FMC Gold may go on the market

New York-listed FMC Gold has recruited investment banker Wood Gundy to act as its financial adviser for the possible sale of the company.The company, which is 80%-owned by FMC (NYSE), has as its prima…


ODDS’N’SODS — The enigma of Nels Hansen

I first saw Nels Hansen when he walked out of the bush, near Kirkland Lake, Ont., one cool autumn day in the early 1940s.He wore navy serge trousers, a double-breasted pea jacket, a navy peak cap squa…


Eldorado completes earn-in

A feasibility study for La Trinidad, a gold project in Mexico’s Sinaloa state, has been delivered to Almaden Resources (VSE).The study was the final requirement for Eldorado (TSE) to earn a 51% intere…


Expl. Brex works gold-silver projects

Progress is reported from three of the Nevada gold-silver projects owned by Exploration Brex (ME).Grab samples from the Delano project have returned values ranging up to 0.203 oz. gold and 35 oz. silv…


Inco puts Indonesian concerns behind it

Nickel giant Inco (TSE) reports that third-quarter nickel production was 12 million lb. less than it had expected, amounting to only 80 million lb.While production is generally lowest in the third qua…


Abacus hits sulphides at Niblack

Drilling in the historic Niblack mine area has intersected massive sulphide mineralization.Abacus Minerals (VSE) holds an option to acquire the Niblack project, situated on tidewater at the southern t…


Spot prices at a glance (October 23, 1995)

Wednesday, October 18, 1995Week’s Price (US)ChangeGold*$383.75-$0.95Silver*$ 5.35-$0.07Platinum*$413.35-$1.90Nickel**$ 3.52+$0.03Lead**$ 0.29+$0.02Copper $ 1.23-$0.02Zinca$ 0…


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