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 …
News
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…
STOCK MARKETS — Markets drift lower as mines and golds weaken
Despite the strong dollar and falling interest rates, the Toronto Stock Exchange posted a fractional loss for the report period ended Oct. 3. The TSE 300 composite index was off 20.41 points to close …
METAL PRICES — FREE MARKET (October 09, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateOct 3 Oct 2 Sept 29 Sept 28 Sept 27Copper2882-2886 2903-2907 2935-2940 2915-29202922-2926Lead595.5-596.5 597.5-598.5 604.5-605.5 59…
Echo Bay arranges to buy into Minoro project
Upon completing a 60-day due diligence review of the Minoro gold-copper project in Honduras, Echo Bay Mines (TSE) can elect to earn a 51% interest.Tombstone Explorations (TSE) and Mar-West Resources (…
ODDS’N’SODS — Persuasive measures
We had a fine camp at the Friend prospect near Zeballos, B.C., and a good crew. Unfortunately, a day came when our cook became bored and drank all the flavoring extract for its alcohol content, and to…
EDITORIAL PAGE — Mr. Miner goes to Ottawa
Oct. 18 is “Lobby Day” for a group of mining industry representatives who will descend on Ottawa to deliver the “Keep Mining in Canada” message to as many members of Parliament as possible.The strateg…