Santa Fe drills Swan property
A 15-hole diamond drill program by Santa Fe Pacific Gold (NYSE) is testing the potential of several mineralized, “pipe-like bodies” on the Swan gold property, 20 miles south of Helena, in southwestern…
News
Index (June 12, 1995)
CareersClassified AdvertisingDiamond DrillersDiamond NewsDividendsEarnings ReportsEditorialsInsider TradingInvestment CommentaryLetters to the EditorMetal PricesOdds’n’SodsPeopleProfessional Directory…
New zone found at Mount Pleasant
A 5-hole exploration program has enabled Adex Mining (TSE) to confirm continuity of ore-grade mineralization between two known zones on the Mount Pleasant property in southern New Brunswick.The drilli…
Spot prices at a glance (June 12, 1995)
Wednesday, June 7Week’sPrice (US)ChangeGold*$384.65+$0.40Silver*$5.34+$0.04Platinum*$432.15-$1.95Nickel**$3.51+$0.10Lead**$0.27-$0.01Copper $1.30+$0.01Zinca$0.45-$0.01…
Collahuasi mine expansion has Falconbridge excited
Definition drilling at the Collahuasi copper project in northern Chile has enabled Falconbridge (TSE) and equal partner Minorco to boost geological resources.The figure now stands at a staggering 3.1 …
Newmont opens heap-leaching JV in Uzbekistan
Standing atop the Muruntau pit in this former Soviet republic, the mind boggles at the immensity of the operation. Indeed, the excavation is on record as being the largest ever created for a mining op…
Agnico buys shares of Sudbury Contact
Toronto-based Agnico-Eagle Mines (TSE) will buy 843,000 shares of Sudbury Contact Mines (TSE) from affiliated holding company Mentor Exploration and Development (TSE).As consideration for the purchase…
Aurex revises acquisition terms
Junior producer Aurex Resources (TSE) has restructured its agreement to acquire a 70% interest in Compania Minera San Esteban Primera.San Esteban owns and operates three producing copper-gold mines in…
Companies (June 12, 1995)
AberAdex MngAG ArmenoAgnico-EglAkiko GldAlmadenAmax GoldAmrcn BullnAmrcn ManorArequipaArielAsarcoAurexAurizonBarrick GldBema GoldBirim GldfldsBitechBruneauBrunswick M&SCaledoniaCamecoC…
Cominco ups Resources offer
Terms of the proposed take-over of Cominco Resources International (TSE) by its parent and 55.6% owner, Cominco (TSE), have been revised upward.Minority shareholders of Cominco Resources recently appr…
Brunswick facility moving
The concentrate-handling facilities of Brunswick Mining and Smelting (TSE) are moving from Dalhousie, N.B., to nearby Belladune next year.The cost of the new facilities in Belladune is estimated at $1…
Refugio beating the clock
Construction of the Refugio gold mine in Chile is six to eight weeks ahead of schedule.Partners Bema Gold (TSE) and Amax Gold (NYSE) began construction in November, 1994, under a fixed-price contract,…