Russia good as gold for Cyprus Amax
Far Eastern Russia is the site of the latest historic business agreement between the former Soviet Union and Western nations. The U.S. Overseas Private Investment Corp. (OPIC) and the London-based Eur…
News
Eldorado fights Glamis bid
An unsolicited takeover offer by Glamis Gold (TSE) does not appear to have diverted Eldorado’s (TSE) attention from its joint-venture projects nor from its mining operations in Mexico’s Sonoro state.W…
Canasil to drill B.C. properties
Summer drilling is planned for the Brenda and Granite Basin properties in British Columbia.Owner Canasil Resources (VSE) expects diamond drilling to begin shortly on the Brenda property, 20 km north o…
Trillion announces debenture
Toronto-listed Trillion Resources has placed a $6-million debenture with the Emerging Markets Gold Fund (EMGF).EMGF is a private investment fund with a mandate to invest in gold mining projects in dev…
Exploration incentive bonus spurs Troilus discovery team
To the dismay of major mining companies, talented geologists with vision and an entrepreneurial bent are often lured to the junior mining sector. This is because the potential for rewards, through dir…
METALS COMMENTARY — Metals markets being driven by fundamentals
Ignoring a host of poor economic forecasts, physical metals markets churned ahead in June, as world metal demand maintained its strong tenor. There is some consumer sector slowdown in North America, p…
Wheaton River bullish on Golden Bear results
Drilling on the Ursa zone at the Golden Bear mine property in northwestern British Columbia is returning impressive results for Wheaton River Minerals (TSE).The third hole (95-269) of this year’s prog…
Gitennes lands nickel prospect
Bucking the rush to search for nickel in Voisey Bay, Labrador, Gitennes Exploration (ASE) has optioned a promising nickel-copper project 20 miles from La Ronge, Sask.President Jerry Blackwell says the…
Meetings (July 03, 1995)
MEETINGSJuly 4, A J PerronJuly 4, Fairhaven July 4, Western KelticJuly 5, Eastern Stone July 6, Cochise July 6, Garde M’gJuly 6, Radisson July 7, Argosy M’gJuly 7, Blake River July 7, Dejour MinesJuly…
First Dynasty Mines drills Dublin Creek
Newcomer First Dynasty Mines (TSE) will spend US$2.7 million to advance its Dublin Creek gold property in the Yukon.The money will finance drilling (which started in May), metallurgical testing and se…
PEOPLE — DAKOTA MINING (July 03, 1995)
Gerald McCarvill and David Birkenshaw elected to the board of directors.
Draft EIS submitted for Crown Jewel mine
The long-awaited environmental impact statement (EIS) for the Crown Jewel gold mine in Washington state has finally been received.The 1,000-page document, prepared over a period of three years, is the…