Odds ‘n’ Sods — Balancing the books at Pioneer
The Main vein, a magnificent, gold-bearing structure which had sustained the Pioneer mine for more than 20 years, was coming to an end at a vertical depth of 4,500 ft. However, a new structure, the 27…
News
Coal demand on the increase
Tight supply and rising demand will result in a rise in world coal prices over the next two years, according to trade sources at an international coal conference held recently in Indonesia.Roger Wicks…
Welcome North tops up treasury
A private placement of 7.2 million units priced at 25 cents each gives Welcome North Resources (VSE) working capital to fund acquisitions.The company will seek shareholder approval for a 1-for-8 rollb…
COMMENTARY — Mining reform and the role of small miners
The World Bank’s recent study of mining in Latin America has concluded that the open-sector policies and open economies currently in place have succeeded in comparison with the nationalistic policies …
Adrian drilling enhances Molejon deposit
Drilling on the Petaquilla property in Panama is enhancing the potential of the Molejon gold deposit to become a stand-alone producer while development work continues on the nearby copper-gold porphyr…
Toronto Stock Exchange Indices (June 19, 1995)
— 1995 — June 13June 12June 9June 8June 7HighLowComposite”300″4492.104466.834463.554479.904476.334494.093983.34Metals&Minerals4322.544324.164301.784342.394350.524409.893273.56I…
Spot prices at a glance (June 19, 1995)
Wednesday, June 14Week’sPrice (US)ChangeGold*$386.80+$2.15Silver*$5.37+$0.03Platinum*$436.60+$4.45Nickel**$3.46-$0.05Lead**$0.28+$0.01Copper $1.31+$0.01Zinca$0.45$0.00Cour…
Gold Funds (June 19, 1995)
Gold Funds as of June 13BGRCentralNet Value$17.54$6.74Price$14.13$7.00Discount19.49%Premium3.9%Value$137,163,000$126,695,100…
STOCK MARKETS — Western markets backtrack as Voisey Bay play evolves
Western markets finished the week ended June 13 somewhat mixed amid continued investor interest in Labrador’s Voisey Bay nickel-copper-cobalt area play.The Vancouver Stock Exchange resource index gain…
Santa Elina teams with TVX
New York-based Santa Elina Gold (TSE) has entered into an agreement with a subsidiary of TVX Gold (TSE) to explore the Lavrinha gold property in Brazil’s Matto Grosso state.Mineracao Santa Elina, a su…
Uranerz drilling Nevada ground
A 3,000-ft. program of reverse-circulation drilling is under way on the Slaven Canyon South property in Nevada’s Crescent Valley.Takla Star Resources (ASE) is earning a 26.8% interest from Uranerz USA…
Greenland attracts companies seeking Voisey Bay targets
The staking rush triggered by the discovery of the Voisey Bay nickel-copper-cobalt deposit in Labrador has spread further afield. In the North Atlantic, Canadian companies are acquiring licences on th…