Menora acquiring Czech royalty
Toronto-based Menora Resources (ME) plans to acquire a mill royalty and an option interest in a package of five gold properties in the Czech Republic. The junior will pay US$200,000 to the Harrison Gr…
News
Dakota to receive gilt-edged loan
Denver-based Dakota Mining intends to borrow US$5 million from Repadre Capital (TSE) to develop an oxide deposit at the Gilt Edge gold mine site in South Dakota. The agreement consists of a US$4-milli…
Tiomin feasibility study continues
A feasibility study is in progress at the 18,000-hectare Natashquan heavy mineral sands deposit along Quebec’s northern shore. Project operator Tiomin Resources (ME) expects a 20-year mine plan to be …
Major General makes Nfld. plans
Having received final drill results from its properties near Springdale, Nfld., Major General Resources (VSE) intends to continue exploring its 564 claims in the area. The claims cover a 15-km strike …
Spot prices at a glance (February 20, 1995)
Week’s Price (US) Change Gold* $376.90 + $2.10 Silver* $4.76 + $0.09 Platinum* $414.00 + $5.25 Nickel** $3.77 + $0.15 Lead** $0.26 + $0.01 Copper $1.31 + $0.03 Zinc $0.45 $0.00 Courtesy of Scotiabank….
INSIDER TRADING — San Fernando officers make share
Two senior officers of San Fernando Mining (VSE) completed share transactions in December. According to the Ontario Securities Commission’s OSC Bulletin, senior officer David Duval bought 1,000 shares…
NEWS IN BRIEF (February 20, 1995)
Bar Resources (BSL:VSE) has changed its name to Southern Bar Minerals (BMW:VSE) on a 1-new-for-3.5-old-share basis.
Partners explore Cerro Verde
The Mexican subsidiaries of Corner Bay Minerals (TSE) and Magma Copper (NYSE) have reached an exploration agreement concerning the Cerro Verde copper property, southeast of Hermisillo in Sonora state….
Coeur’s Rochester receives award
The Rochester mine of Coeur d’Alene Mines (NYSE) has received an environmental award from the Nevada Association of Conservation Districts. The award, for “distinguished service to conservation,” was …
COMMENTARY — Time to be more vocal
The following is from a speech by Jeffery Grade, chairman of Harnischfeger Industries, which appeared in a recent issue of the American Mining Congress publication, “Washington Concentrates:” For 100 …
BOOK BRIEF — Life underground
Fire in the Hole: The untold story of hardrock miners, by Jerry Dolph. Published by Washington State University Press, Pullman, Wash. 99164-5910, U.S.A. 174 pages. Illustrated. US$28 in paperback, US$…
Base metal prices put Cominco back in black
Several positive factors — improved sales and production volumes, higher base metal prices and a favorable exchange rate — helped Cominco (TSE) report net income of $132.1 million for 1994, compared…