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Santa Elina eyes gold area

First explored by the Portuguese in the 17th century, the central Brazilian state of Goias boasts a mining history dominated by diamonds, chromium, nickel and titanium. Yet the area has not generally …







Alcan, Shell make asset deal

A deal with Royal Dutch/Shell will see Alcan Aluminum increase its interest to 33% in U.S.-based holding company Halco. The latter owns 51% of bauxite producer Compagnie des Bauxites de Guinee in Guin…


Correction (April 17, 1995)

The structure that is believed to extend eastward to the Luz del Cobre copper deposit in Mexico, owned by Laminco Resources (TSE), has a strike length of 16,400 ft. (5,000 metres). Incorrect informati…


GOLD FUNDS (April 17, 1995)

BGR Central Net Value $17.23 $6.92 Price $14.88 $7.00 Discount 13.67% Premium 1.2% Value $134,714,000 $126,695,100…


TSE INDICES (April 17, 1995)

— 1995 — Apr 11 Apr 10 Apr 7 Apr 6 Apr 5 High Low Composite”300″ 4274.98 4247.05 4264.90 4284.42 4285.10 4320.52 3983.34 Metals&Minerals 4225.95 4213.51 4222.43 4257.81 4217.82 4337.89 3273.56 Integ…


Bolivar sees production potential

The indicated and inferred resource in three zones at the Tomi concession in Venezuela’s El Callao region is now believed to exceed 2.7 million tonnes grading 5.42 grams gold per tonne. Bolivar Goldfi…


Ecuadorian ups Gaby interest

Changes to a joint-venture agreement provide Ecuadorian Minerals (TSE) with an option on the remaining half interest in the Gaby porphyry gold project. The Vancouver-based junior already holds an opti…


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