1996


Placer, Brazilian strike Sabara deal

The Brazilian subsidiary of Placer Dome (PDG-T) will acquire from Brazilian Resources (BZIN-C) an interest in the Sabara gold property.To earn its 70% stake, Placer Dome must make option payments wort…



Cons. Eurocan moves on Zairian feasibility study

Tenge Fungurume, a copper-cobalt project in Zaire, will undergo a $15-million feasibility study.The project is currently owned by Tenge Fungurume Mining, a Zairian company owned 45% by state-owned min…


GUEST COLUMN — How to make a royalty trust

It seems that everyone wants to buy royalty trusts involving mining or oil and gas because interest rates for those trusts are low compared to investor expectations, and there are few alternatives for…



Potential buyer walks away from Bruceside

Canamera Geological has walked away from an $8-million deal with Newhawk Gold Mines (NHG-T) for a 60% interest in the Bruceside-Sulphurets gold-silver property.Previous feasibility work at the British…



Keylock signs in for Kazakstani mineral projects

Calgary-based Keylock Resources (KL-A) has signed a letter of intent to merge with Centramining, a Cyprus-based company with five exploration properties in Kazakstan.Under the terms of the deal, Keylo…


Corrections (December 30, 1996)

Band-Ore Resources trades on the Toronto Stock Exchange under the ticker symbol BAN. Incorrect information appeared in the issue of Dec. 16.




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