NEWS IN BRIEF (October 02, 1995)
Paragon Resources (PAR:VSE) has changed its name to Samex Mining (SXG:VSE) on a 1-new-for-5-old-share basis.
News
METAL PRICES — FREE MARKET (October 02, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateSept. 26 Sept. 25Sept. 22Sept. 21Sept. 20Copper2946-2950 2935-29372924-29282942-29472910-2914Lead593.5-594.5 590-591596-597 602….
Romarco sets its sights on Battle Mountain Trend
It has long been said that the best place to find a new mine is in the vicinity of an existing or past-producing one. Romarco Minerals (CDN) hopes to prove the adage correct by carrying out several ex…
Demand for gold on upward trend
Physical demand for gold reached a new record level of 1,793 tonnes in the first half of 1995, according to a new study by U.K.-based Gold Fields Mineral Services.This increase in physical demand cont…
PEOPLE — PHELPS DODGE (October 02, 1995)
Anthony (John) Lawrence elected vice-president.
Americomm to drill near Goldfield
Drilling will soon begin on the Indian Springs gold property in Nevada’s Esmeralda Cty.Americomm Resources (OTC) reports that mapping and sampling have located two linear structures with associated al…
LABRADOR NEWS ROUNDUP — Zone found at Alliger Lake
Alberta-listed Columbia Yukon Resources has identified a new zone of mineralization on its Alliger Lake claims in Labrador.The structure is intermittently exposed over 800 metres of strike length in l…
Meetings (October 02, 1995)
MEETINGSOct. 10, Acabit Oct. 10, Auriginor Oct. 10, KRL Res. Oct. 12, Conquest Oct. 12, Greystar Oct. 12, Loubel Oct. 13, Cache Oct. 13, Expl. SullidenOct. 13, Gold Bar Oct. 16, El Condor Oct. 16, Fai…
LAG grabs a larger stake in Ecuadorean gold company
By purchasing an additional 10.1% of Compania Minera Zamora (Cominzasa), Latin American Gold (CDN) has become majority owner in the Ecuadorean gold company, with a 50.1% equity interest.South American…
Kinross opens QR gold mine in B.C.
The recent opening of the QR gold mine, 70 km southeast of this timber-mining town, marks a first for Kinross Gold (TSE). While the company already has six other operating mines, QR is the first that …
BYG advances Mount Nansen
Results from summer drilling by BYG Natural Resources (TSE) suggest that the former-producing Mount Nansen mine in the central Yukon has increased potential at depth.BYG has concentrated its activity …
Fairstar to drill for Ghanaian gold
Drilling will begin shortly on the Benso gold concession in Ghana, West Africa.Fairstar Explorations (ME) (60%) and its joint-venture partner, Nora Explorations (ME) (40%), share the property.Fairstar…