INSIDER TRADING — Caledonia execs sell shares
Three senior officers of Caledonia Mining (TSE) exercised options and sold shares in November. According to the Ontario Securities Commission’s OSC Bulletin, senior officer and director Frederick Harv…
Articles by Northern Miner Staff
PRODUCER PRICES (January 23, 1995)
ALUMINUM: MW U.S. market US93.5 cents-94.5 per lb. (Dec. 30, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Dec. 2, 1994). BISMUTH: MW New York dealer US$3.90-4.10 per lb. (Dec. 23, 1994). …
Goldcorp buys an interest in Britannia
In addition to buying an interest in Britannia Gold (TSE), Toronto-listed Goldcorp will acquire the right to joint-venture ground held by Britannia’s subsidiary. Goldcorp will buy 812,500 Britannia un…
Bearish outlook for gold
The outlook for gold is bearish, according to The Bank Credit Analyst Research Group of Montreal, which expects gold prices to drift lower in 1995. “Prices seem more likely to erode than fall sharply,…
X-Cal encouraged
Recent work by X-Cal Resources (TSE) has defined three new areas for drilling on the Sleeper Extension gold project in Humbolt Cty., Nev. The junior reported a new discovery under 14 ft. of overburden…
Latin American focus for Golden News
To reflect its commitment to Latin American exploration, Golden News Resources (TSE) has changed its name to Laminco Resources. The company has completed a 56-hole, 15,000-ft. reverse-circulation dril…
Adex to fund work at Mt. Pleasant mine
Under a credit-option agreement, Adex Mining (TSE) will fund a $525,000 program of exploration and metallurgical research on Piskahegan Resources’ Mt. Pleasant mine in New Brunswick. The program, to b…
Centurion drilling Utah copper play
Reverse-circulation drilling, under way on the OK minesite near Milford, Utah, indicates that potential exists for a significant oxide copper deposit. Centurion Mines (NASDAQ) has drilled 24 holes to …
Cons. Ramrod drills Atlanta gold play
As part of an option agreement to earn a 51% interest in the Atlanta gold property, Consolidated Ramrod Gold (TSE) has spent US$1.5 million and drilled 24 underground and surface holes, totalling 5,84…
Molybdenum’s rise spurs interest in Nevada property
The rise in the price of molybdenum to more than US$15 per lb. from the US$3 level is prompting Eureka Resources (VSE) to re-examine its Mindora property in southwestern Nevada. Following a drop in th…
Labrador play attracts interest
Several junior companies are planning exploration programs on ground acquired or staked near Diamond Fields’ (TSE) Voisey Bay nickel-copper-cobalt discovery in Labrador. ASE-listed Takla Star Resource…
Sudbury Contact Mines going underground at Victoria Creek
Having drilled 52 holes totalling 85,000 ft., Sudbury Contact Mines (TSE) will carry out more surface drilling and then begin underground exploration on its Victoria Creek gold deposit near Kirkland L…