News


Gibraltar advancing Mt. Polley deposit

Copper producer Gibraltar Mines (TSE) is continuing to evaluate the Mount Polley copper-gold deposit near Williams Lake, B.C., under a joint-venture agreement with owner Imperial Metals (TSE). The goa…


Thunderwood, partner explore near Raglan

TSE-listed Thunderwood Resources and CDN-listed First Canadian Gold have begun a $250,000 program of ground magnetics and drilling on the Lac Long nickel-copper property in northern Quebec. Lac Long c…


NEWS ROUNDUP — Construction begins at Andacollo

Construction of the Andacollo gold project is under way in central Chile, reports owner Dayton Mining (TSE). The open-pit operation, being built by Bechtel Corp. on a fixed-cost basis, is expected to …



Spot prices at a glance (August 01, 1994)

Week’s Price (US) Change Gold* $387.00 + $0.60 Silver* $ 5.32 $0.00 Platinum* $423.00 + $9.15 Nickel** $ 2.77 – $0.12 Lead** $ 0.26 – $0.01 Copper $ 1.09 – $0.07 Zinc $ 0.43 – $0.02 Courtesy of Scotia…


Feasibility study for Bolivian project

By late August, results are expected from a preliminary feasibility study of the Amayapampa and Capa Circa gold properties in Bolivia. Da Capo Resources (VSE) retained Kilborn Engineering to calculate…


EDITORIAL PAGE — Stay tuned

The week has been full of surprises in the bidding war over Lac Minerals. Just as the precocious upstart, Royal Oak Mines, which originally put the Lac ball into play, seemed to be winning over frustr…


Denison plans restructuring

As a first step toward restructuring, Denison Mines has reached an agreement with the federal and Ontario governments, corporate lenders, the Canadian Mortgage and Housing Corp. (CMHC) and the Ontario…



Cambiex offering to raise $10 million

Montreal-listed Cambiex has filed a final prospectus for a public offering of 12.5 million units at 80 cents each. A unit consists of one common share and one half common share purchase warrant. Each …


Memorial at Kirkland Lake

After six years of work by artists and fundraising efforts, a Miners’ Memorial was unveiled recently at Kirkland Lake, Ont., which is celebrating its 75th anniversary. The president of local 4584 of t…


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