Mutual closes African property agreements
A previously announced agreement involving the Bilpraw gold concession in central Ghana has closed. The deal allows Mutual Resources (VSE) to earn a 55% interest in the concession by paying $75,000 an…
News
Santa Fe Gold adds to holdings
Reno-based Santa Fe Pacific Gold (NYSE) has leased two gold properties in Nevada’s Carlin Trend from Minefinders (VSE). The Gutsy and BM properties are about 2 miles northwest of the Rain gold mine. S…
Diamond Fields expands discovery
Excellent progress is reported by Diamond Fields Resources (TSE) at its Voisey Bay nickel-copper-cobalt project in Labrador. Stepout drilling and geophysical surveys east of the known area of minerali…
PEOPLE — CYPRUS AUSTRALIA COAL
J. Cook appointed president.
Red Badger returns gold values
Drilling on the TQY property north of Yellowknife, N.W.T., is returning gold values for Gitennes Explorations (ASE). The company, which is earning a half interest from Tanqueray Resources (ASE), repor…
PEOPLE — COEUR D’ALENE MINES (January 09, 1995)
Lynn Pirozzoli appointed vice-president of environmental services and regulatory affairs.
Colomac workers join Steelworkers
Workers at the Colomac gold mine in the Northwest Territories, a fly-in/fly-out operation, are now represented by the United Steelworkers of America. The Canada Labour Relations Board granted a union …
STOCK MARKETS — Falling gold price, dollar take their toll
A falling gold price coupled with a shaky Canadian dollar kept many market players on the sidelines, helping the Toronto Stock Exchange post a modest loss during the 4-day report period ended Jan. 3 (…
Reading our stock trading tables (January 09, 1995)
A comprehensive listing of weekly stock quotations for mining securities is provided by The Northern Miner. To assist readers who often know the name of the stock but not the exchange on which it trad…
GMD, New Discovery explore Yellowknife play
Hoping to take advantage of the developing infrastructure near Nicholas Lake, N.W.T., partners GMD Resource (VSE) and privately owned New Discovery Mines are gearing up to begin an exploration program…
Minieres du Nord acquires claims near Murgor find
Montreal-listed Explorations Minieres du Nord (MDN) has acquired 29 claims northwest of, and contiguous to, the gold discovery recently announced by Murgor Resources (VSE). The claims lie within Barry…
Calais plans drill program
Junior Calais Resources (VSE) will launch a 4,000-ft. drill program on its 51% owned White Caps gold property near Manhattan, Nev. Several targets were identified from a controlled-source audio magnet…