NEWS ROUNDUP — Hendricks enters Norwegian deal
Birchwood Ventures can acquire a 65% stake in a Norwegian property controlled by CDN-listed Hendricks Minerals Canada.Prospecting and sampling on the Rombaken zinc-lead-silver prospect has identified …
News
3-D technology tested in Sudbury
The first 3-dimensional (3-D) seismic experiment for mineral exploration in North America is about to get under way in the Sudbury Basin of Ontario.The program follows recent studies under the Industr…
NEWS ROUNDUP — Guardian studies Wolf in B.C.
Prospecting work on the Wolf claims in the Eskay Creek area of northwestern British Columbia is providing encouragement to Guardian Enterprises (VSE).Examination of a strong, electromagnetic conductor…
PRODUCER PRICES (July 24, 1995)
ALUMINUM: MW U.S. market US84.5-85.5 cents per lb. (July 7, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.55-3.65 per lb. (May 12, 1995).CAD…
Brazilian, William exploring in Brazil
Two junior companies have joined forces to acquire and develop advanced stage gold and gem properties in Brazil. Brazilian Resources (CDN) and William Resources (TSE) have entered into a joint venture…
Glamis-Eldorado marriage unlikely
The hostile takeover of Eldorado (TSE) by Glamis Gold (TSE) is on the rocks.In an eleventh-hour move, Glamis withdrew its application before the Ontario and British Columbia Securities Commissions, re…
Adex pleased to nab producer
Ownership of the Mount Pleasant polymetallic mine in New Brunswick has changed hands.Adex Mining (TSE) acquired all of the shares of Piskahegan Resources, which holds a 100% interest in the mine prope…
STOCK MARKETS — Reports from Labrador add zest to western markets
The usual summer doldrums are nowhere to be seen on western markets, as eager investors jockey for position in the growing suite of Labrador area stocks.Over the report period ended July 18, the Vanco…
METAL PRICES — FREE MARKET (July 24, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateJuly 18 July 17July 14July 13July 12Copper3178-3180 3198-32023200-32053215-32173213-3214Lead633-634 642-643 645-646 640-641…
Arimetco takes on the Sullivan deposit
Continuing its pattern of picking up small copper deposits, Arimetco International (TSE) has agreed to acquire the Sullivan deposit near Gabbs, Nev.The property, also known as the Cuervo, is an intrus…
Inmet pulls plug on Copper Range plant
Excessively high capital costs have forced Inmet Mining (TSE) to shut down and re-evaluate the Copper Range operation in Michigan.Mining and milling at Inmet’s 80%-owned facility will cease in late Se…
Northfield drill-tests Panamanian gold project
A subsidiary of Northfield Minerals (TSE) has completed a program of reverse-circulation drilling on the Minera Remance property near Panama City.The subsidiary, which is earning up to an 86% interest…