Euro-Nevada buys into Aussie company
Gold royalty company Euro-Nevada (TSE) has acquired an interest in an Australian public company which holds a 10% net smelter return royalty on the Henty gold project in Tasmania. Euro-Nevada acquired…
News
Gibraltar options Chilean copper project
An exploration program is planned for the Fortuna de Cobre copper project in Chile, Gibraltar Mines (TSE) reports. Gibraltar’s wholly owned subsidiary, Compania Minera Gibraltar, has signed a letter o…
Ecuadorian still drilling at Gaby
Diamond drilling continues to evaluate the Gaby gold porphyry deposit near Guayaquil, Ecuador. Ecuadorian Minerals (TSE) can earn a 35% interest in any oxide deposit identified in the Muyuyacu concess…
INSIDER TRADING — Goldbelt officers active
Three officers of Goldbelt Resources (TSE) bought and sold shares in September and October. According to the Ontario Securities Commission’s OSC Bulletin, senior officer and director Michael Muzylowsk…
NEWS IN BRIEF (December 12, 1994)
Mark V Petroleums & Mines (MRV:VSE) has changed its name to TLC Ventures on a 1-new-for-3-old-share basis.
Imperial, Bethlehem plan merger
Two Toronto-listed juniors, Bethlehem Resources and Imperial Metals, plan to join forces in order to develop potential properties. The merged company would initially focus on Imperial’s Mt. Polley cop…
Development plans for Michigan deposit
A joint venture has been formed between Great Lakes Minerals (TSE) and Brookline Minerals (VSE) to bring the former’s 543-S copper property into production. Situated in Michigan’s Keweenaw Peninsula, …
Global diamond conference set for March in Australia
Plans are in the works for World Diamond Conference 1995, to take place March 17-18 in Perth, Australia. The conference will be linked with Western Australia’s Mining Week that month, and will commenc…
Teck acquiring stake in Mexican gold mine
Toronto-listed Teck is acquiring a half interest in a privately owned British Columbian company with a gold mine in Mexico. The major is acquiring 1.5 million shares of Miral Gold for a purchase price…
Cambior drilling in NW Mexico
Toronto-listed Cambior plans to spend an additional US$3.5 million exploring the Metates gold property in Mexico’s Durango state. To date, more than US$4.3 million has been spent on 25,000 metres of d…
Placer to option Breakwater’s East Amphi gold project
Toronto-listed Placer Dome can earn up to a 60% interest in Breakwater Resources’ (TSE) East Amphi gold project near Malartic, Que. Breakwater has defined a drill-indicated mineral inventory of 866,18…
Ramrod drilling Atlanta property
Underground drilling is under way on the Atlanta gold property, 60 miles east of Boise, Idaho. Consolidated Ramrod Gold (TSE) can earn a 51% interest from Atlanta Gold (TSE) by spending US$2.5 million…