Int’l Gold banks on Bibiani deposit
A feasibility study on the Bibiani gold deposit in Ghana has concluded that the project is “robust and economically viable.”The deposit, owned 45% by International Gold Resources (TSE) and 55% by the …
News
Goldbrook options Onaman property
Alberta-listed Goldbrook Explorations plans to explore some newly optioned claims in northwestern Ontario.The South Onaman property comprises 51 claims on the southern boundary of Goldbrook’s 148-clai…
INSIDER TRADING — Teck brass granted options, sell shares
Four senior officers of Teck (TSE) recently exercised options and acquired Teck class B shares which they then sold.According to the Ontario Securities Commission’s OSC Bulletin, Gary Jones, senior of…
FACTS’N’FIGURES — Nevada dominated by gold
In 1994, Nevada produced an estimated US$3.2 billion in minerals (including petroleum and geothermal energy), which is 8% more than in 1993. Gold production in the state reached an all-time high last …
Permits issued for Briggs gold deposit
Colorado-based Canyon Resources (NASDAQ) has received all major permits for construction of the Briggs gold deposit in southeastern California.However, the company has received two appeals concerning …
Gold demand continues to grow
Broad-based, worldwide demand for gold continued to grow in the second quarter.The latest issue of Gold Demand Trends, published by the World Gold Council, indicates that investors continued to show e…
TSE Short Positions (August 21, 1995)
Short positions outstanding at July 31, 1995.Larger individual positions included: Barrick Gold 4,618,216; Agnico-Eagle 152,330; Alcan Aluminium 808,653; Bema Gold 1,437,500; Caledonia M’g 305,200; Ca…
Kingurutik discoveries followed up
Follow-up ground work by NDT Ventures (VSE) on the Kingurutik Lake property of Lucero Resource (VSE) has outlined gossans containing sulphides and associated graphite.Mapping and prospecting identifie…
Nord Pacific bullish on Aussie copper play
Australian copper producer Nord Pacific (NASDAQ) has received encouraging results from its joint-venture programs near the Girilambone mine in New South Wales.Within the Girilambone North project area…
INVESTMENT COMMENTARY — Kinross takes a breather
By purchasing underdeveloped assets and realizing their full potential, Kinross Gold (TSE) has become one of the fastest-growing North American gold producers. Indeed, the company seems poised to join…
Hemlo, Orvana acquire Chilean property
Toronto-listed Orvana Minerals and senior gold producer Hemlo Gold Mines (TSE) are optioning the Esperanza gold property in northern Chile.Hemlo will hold 60% and Orvana 40% of the joint venture, whic…
Busy year in Dominican Republic
Nineteen ninety-four was an active year for the mining industry in the Dominican Republic, particularly in the metallic and non-metallic sectors.Exports of ferronickel, gold and other mineral products…