Coral and Amax Gold reach new agreement
A new agreement is in place that allows Amax Gold (NYSE) to continue to earn a 60% interest in Coral Gold’s (VSE) Robertson project. The property lies within the Battle Mountain trend in Nevada’s Cres…
News
DIAMOND NEWS ROUNDUP — Parcel of diamonds from Diavik sent for valuation
This month, Kennecott Canada is expected to decide if it will proceed with an underground bulk-sampling program on the A-154 South kimberlite in the Lac de Gras region of the Northwest Territories. Th…
Falco, Minorco complete purchase
The planned acquisition of Royal Dutch/Shell’s one-third interest in the Collahuasi copper project has been completed by Falconbridge (TSE) and Minorco.As a result of the purchase, Falconbridge and Mi…
Akiko cuts new zone at New Burgin project
Drilling on the New Burgin silver-lead-zinc project in Utah has intersected a new zone of gold-rich mineralization for partners Akiko Gold Resources (VSE) and Chief Consolidated Mining (NASDAQ).Hole C…
COMMENTARY — Single window would cut costs
Companies wanting to invest in the Canadian mining industry often find themselves tangled in a seemingly endless sea of red tape; red tape which must be cut through, tied up, rubber-stamped, re-packag…
PEOPLE — VICTORIA GRAPHITE
Michael Cassidy appointed president and chief executive officer.
PEOPLE — CORNUCOPIA RESOURCES (June 05, 1995)
Robert Dunlop appointed director.
PEOPLE — CALEDONIA MINING
Richard Fiorini appointed president and chief executive officer; Chris Harvey appointed chief operating officer; John Stalker appointed managing director of European operations.
Great Lakes still eyeing Geomaque
Management of Great Lakes Minerals (TSE) is reviewing its options in the wake of the recent decision by Geomaque Explorations (TSE) to terminate merger talks between the two companies.Great Lakes Chai…
Proxy votes rejected at Minefinders meeting
The recent annual meeting of Minefinders (VSE) was a lively affair, with a group of dissident shareholders seeking to install a new management team and board of directors.In an information circular se…
Global metals markets oscillating
Metals prices began a recovery in May, buoyed by continued positive fundamentals and supported by good economic news from many sectors other than the North American auto and house-building sectors, wh…
Guyana funds Sabi expansion
The proceeds from a recent private placement will be used by Guyana Gold (VSE) to fulfill obligations related to a joint venture of the Sabi gold mine in Zimbabwe.The placement of more than 3.5 millio…