News



NEWS ROUNDUP — Armistice continues sampling

Bulk sampling has enhanced the potential of Armistice Resources’ (ME) gold property in Virginiatown, Ont.The company mined a 3,200-ton bulk sample with an estimated grade of 0.3 oz. gold per ton. The …


Inco buys back shares

Nickel giant Inco (TSE) will repurchase up to 10 million (about 10%) of its common shares.The repurchase is expected to end no later than July 12, 1996. The shares will be paid for with internal cash …


Banner acquisition hits snag

The acquisition of the Otjosondu manganese mine in central Namibia continues to face delays.Last August, Banner Mining (VSE) agreed to buy all the issued capital of the mine’s owner, Purity Manganese,…


Orleans close to production

Montreal-listed Orleans Resources has received the mining leases required to build its wollastonite production facilities.Orleans owns a sizable wollastonite deposit in the Saguenay-Lac St. Jean area …


Rio grants Chachacomiri extension to Cominco Ltd.

Owing to a delay in drilling at the Chachacomiri property in Bolivia, Rio Amarillo Mining (VSE) has given Cominco (TSE) a 2-month extension on a US$400,000 option payment previously due at the end of …


Pangea projects catch eye of African majors

It was only a matter of time before South Africa’s major mining companies became interested in the opportunities being aggressively developed in their own backyard by North American juniors.In the spa…


Index (July 24, 1995)

DepartmentsCareersClassified AdvertisingDiamond NewsDiamond DrillersEditorialsInsider TradingInvestment CommentaryMetal PricesOdds’n’SodsProfessional DirectoryRights & WarrantsStock MarketsSubscriber …


La Rock drilling at its Brandywine property

Drilling is continuing on La Rock Mining’s (VSE) Brandywine property, 25 miles north of Squamish, B.C. To date, assays results have been reported from 15 holes in what is expected to be a 23-hole prog…


Meetings (July 24, 1995)

MeetingsJuly 31, Athlone July 31, Brooks July 31, CamphorJuly 31, Coral Gold July 31, Int’l Avino July 31, Int’l Curator July 31, Ivory Oils July 31, Loumic July 31, Micro Aug. 1, HeartlandAug. 1, Por…


Companies (July 24, 1995)

IndexAberAbsolutAdexAmercn GemAnglo AmrcnAntares M&EAntilles ResArimtco IntlArmisticeAtapaAurAvalon VenBannerBarrick Gld,Bema GoldBHP MinlsBolivar GfdBrazilianBre-X MinBreseaBrooklineC…


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