News



LETTERS TO THE EDITOR — Getting the facts straight

The Odds ‘n’ Sods article “Assembling the right team” by Stan Hunter (T.N.M., March 13/95) is a near duplicate of his article in your March 14, 1994, issue. Unfortunately, the latest article provides …


Golden Star takes loss for 1994

Year-end results show that Golden Star Resources (TSE) lost US$8.8 million (US42 cents per share), compared with US$1.6 million (US10 cents per share) for 1993. However, total revenue increased to US$…


Plata to focus on Argentine zinc property

An exploration and exploitation agreement with an Argentine company sets the stage for Plata Mining (ASE) to begin work on the Helvecia zinc property in the province of La Rioja.The property consists …


Santa Fe hikes quarterly output

First-quarter earnings for Santa Fe Pacific Gold (NYSE), while strong, are down slightly from a year ago.Net income was US$12.3 million (or 9 cents per share), just off from US$13.4 million (or 12 cen…


ODDS’N’SODS — Major Dunlop and Red Lake

A native of Toronto, Maj. C.J. Cunningham-Dunlop was one of Canada’s outstanding mine-finders. He was born on Sept. 16, 1873, the son of James Cunningham-Dunlop, a professor of Upper Canada College in…


Metal Prices — FREE MARKET (May 01, 1995)

London Metal ExchangeSpot closing prices in $US per tonneDateApr 25Apr 24Apr 21Apr 20Apr 19Copper2756-2757 2850-2851 2869-28702860-28612881-2882Lead605-606 629-630 628-629 601.5-602.5 596…


NEWS ROUNDUP — Gowest active in Timmins area

Alberta-listed Gowest Amalgamated Resources reports that four holes drilled to test geophysical anomalies on the Murphy Twp. property near Timmins, Ont., failed to intersect economic mineralization. A…


COMMENTARY — Supplying the mining industry

The managing director of the Canadian Association for Mining Equipment and Services for Export, Jon Baird, has written this column at the invitation of “Keep Mining In Canada,” a national grassroots c…


Royal Oak targets two Kemess projects

Although it recently transferred its head office from Vancouver to Kirkland, Wash., Royal Oak Mines (TSE) is once again casting its sights on Canada’s mountain province. In particular, it is seeking o…


Transpacific plans drilling program

Drilling is planned by Transpacific Resources (TSE) for a gold-copper property in the Kirkland Lake area of northeastern Ontario.Induced-polarization surveys in the northwestern part (Instant Creek) o…


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