Great Lakes, Geomaque merger talks end
Discussions involving a proposed merger between Great Lakes Minerals (TSE) and Geomaque Explorations (TSE) were recently terminated by Geomaque’s board.This development puts on hold plans to merge the…
News
DIAMOND NEWS ROUNDUP — Additional AK results consistent with earlier values
The latest results from the discovery hole on the AK property in the Northwest Territories are consistent with, but somewhat lower than, initial results released in early April.Partners Mountain Provi…
Louvicourt opening highlights Quebec’s Mining Week
The official opening of the Louvicourt copper-zinc mine in late April proved to be the highlight of “Quebec Mining Week.” It was also a day of celebration for the companies that brought to fruition on…
PEOPLE — GOLD INSTITUTE
Ronald Cambre elected chairman.
PEOPLE — NEWMONT GOLD (May 08, 1995)
Michael Thomsen appointed director of foreign exploration.
METALS COMMENTARY — Demand for metals still reasonably healthy
Metals investors continue to cope with the rapid-fire changes affecting their markets. While a noticeable slackening in U.S. demand has cooled orders for housing and autos, U.S. manufacturers seem unf…
Companies (May 08, 1995)
AberAdexAgate BayAlmadenAmaradoAmcorp IndAmer BullnArizona StarAshton MngAurBaja GoldBarrick GBattle MtnBema GoldBlack HawkCalcoCaledoniaCampbellCamphor VtCanarcCaribGoldCashChannel…
Kinross acquiring Macassa mine
The annual gold output of Kinross Gold (TSE) is set to rise dramatically with the acquisition of the Macassa mine at Kirkland Lake, Ont., and the purchase of an additional interest in the Denton-Rawhi…
Voisey Bay extension discovered
The latest results released by Diamond Fields Resources (TSE) from its Voisey Bay project in Labrador include holes drilled to test a target that is believed to be a downfaulted extension of the previ…
Potential of Argentina attracts foreign miners
Recent events in Argentina have convinced many Canadian companies that South America’s exploration potential is not restricted to Chile.Argentina is the second-largest country in South America, occupy…
NEWS IN BRIEF (May 08, 1995)
Broadlands Resources (BOD:VSE) and Shorewood Exploration (SWX:VSE) have amalgamated to form International Broadlands Resources (IBR:VSE). Broadlands and Shorewood shareholders received one new share f…
Crown rejects merger offer
Junior Crown Resources (TSE) has rejected a merger proposal by Battle Mountain Gold (NYSE), claiming it is not in the best interest of its shareholders.The proposal was offered in mid-April, somewhat …