FirstMiss delayed at Turquoise Ridge
The necessity of interpreting new exploration data for the Turquoise Ridge deposit in northern Nevada will delay completion of a prefeasibility study.FirstMiss Gold (NASDAQ) reports that new data on 1…
News
Union situation uncertain at Faro
Employees at the Faro mine in the Yukon are currently not members of a union, although the United Steel Workers of America has petitioned the Canada Labour Relation Board to review its jurisdiction ov…
Spot prices at a glance (August 28, 1995)
Wednesday, August 23Price (US)Week’s ChangeGold*$383.45-$0.65Silver*$5.56+$0.20Platinum*$428.00+$7.30Nickel**$4.13+$0.04Lead**$0.28$0.00Copper$1.39$0.00Zinc$0.46 $0.00Co…
Meetings (August 28, 1995)
MEETINGS Sept 5, ClaimstakerSept 5, Lima GoldSept 5, TranspacificSept 6, AGC Americas GoldSept 6, Blue RangeSept 6, GossanSept 6, SpartonSept 7, GroundstarSept 7, Huronian MinesSept 7, LevonSept 7, Lu…
Etruscan finances Nigerien project
Two private investors have purchased $1.5 million, and Echo Bay Mines (TSE) has purchased $2.7 million in common shares and warrants, in Etruscan Enterprises (VSE).The placement enables Etruscan to co…
Diamond News Roundup — Diavik drill results released as more work is planned
Complete results from spring drilling on the A-21 kimberlite pipe at the Diavik project near Lac de Gras, N.W.T., have been released.The joint venture, held 60% by Kennecott Canada and 40% by Aber Res…
Photo contest focuses on Canadian mining
A milling electrician has been awarded top prize in the Keep Mining in Canada photo contest.The winner, Peter Massi, mill/electrical superintendent at Barrick Gold’s Golden Patricia mine near Dryden, …
First Western busy in Quebec
Two base metal properties in northern Quebec will be explored under an agreement between Band-Ore Resources (CDN) and First Western Minerals (VSE).In return for a 51% working interest, First Western h…
Argentine government agency woos Canadian mining companies
Mining companies may be familiar with the competitive nature of business, yet many governments are not. However, this would appear to be changing, as an increasing number of countries are now competin…
Eastmain steps up drilling at Reservoir
Drilling is in progress at the Reservoir gold property in the Eastmain River greenstone belt in Quebec.Property owner Eastmain Resources (CDN) has announced that drilling to the end of July had indica…
Cambior withdraws from Douay project
An option on the Douay gold deposit near Joutel, Que., has been dropped by Cambior (TSE). The agreement had required Cambior to finance development of the deposit to earn a 50% interest from Vior Mini…
Homestake targets Aussie subsidiary
In a stock swap valued at about US$162 million, Homestake Mining (NYSE) plans to assume sole ownership of its Australian subsidiary.The company will exchange 9.8 million shares of its common stock for…