Freeport reports new copper find
Freeport-McMoRan Copper & Gold (NYSE) has discovered a copper deposit about 1 km southwest of its Grasberg deposit in Irian Jaya, Indonesia. The discovery was made at the company’s Lembah Tembaga pros…
Articles by Northern Miner Staff
Freewest opts to participate in Holloway project
With construction already under way, Freewest Resources (TSE) has elected to maintain its 33.86% interest in the Holloway gold project near Matheson, Ont. The project was given the green light in Apri…
Armada options Siberian plays
With a Siberian gold tailings project already in the works, Armada Gold (ASE) has enlarged its Russian portfolio by acquiring two hard rock mining ventures. The company has agreed to earn a 49% intere…
TSE INDICES (July 25, 1994)
— 1994 — Jul 19 Jul 18 Jul 15 Jul 14 Jul 13 High Low Composite”300″ 4190.61 4199.83 4193.41 4195.74 4140.55 4609.93 3518.31 TSE 100 Index 253.08 253.83 253.56 253.89 250.25 277.47 238.43 Metals&Mine…
Minto focuses on Yukon projects
Having completing an initial public offering, earlier this year, to net $900,000, Minto Explorations (VSE) has arranged a further $530,000 in funding. Teck (TSE) and Asarco (NYSE) each bought 190,000 …
Campbell buys Mexican producer
Toronto-based Campbell Resources (TSE) has agreed to buy the Santa Gertrudis gold mining operation in Mexico’s Sonora state. The vendor is a subsidiary of Phelps Dodge (NYSE) of Phoenix, Ariz., which …
Cominco Res. gold discovery
Cominco Resources International (TSE) has added a new gold discovery to its exploration projects in Turkey. The find was made on the Saray property, 5 km from the Black Sea near the town of Fatsa. Com…
De Beers joint-ventures Yamba Lake diamond bet
De Beers Consolidated Mines has agreed to joint-venture the Yamba Lake diamond project held by Mill City Gold (VSE) and Tanqueray Resources (ASE). The agreement, which is subject to a due diligence ex…
INSIDER TRADING — SW Gold officers exercise options, sell
Two senior officers of Southwestern Gold (TSE) exercised options and sold shares in June. According to the Ontario Securities Commission’s OSC Bulletin, director and senior officer Daniel Innes exerci…
Spot prices at a glance (July 25, 1994)
Week’s Price (US) Change Gold* $386.40 + $1.55 Silver* $ 5.32 + $0.10 Platinum* $413.85 + $6.10 Nickel** $ 2.89 + $0.05 Lead** $ 0.27 $0.00 Copper $ 1.16 + $0.06 Zinc{ $ 0.45 + $0.01 Courtesy of Scoti…
Golden Regent gets U.S. subsidy
Alberta-listed Golden Regent Resources (ASE) has taken over Golden Regent Minerals, a U.S.-based resource company. The new company now becomes a wholly owned subsidiary of Golden Regent Resources and …
NEWS ROUNDUP — TVI OKs share issue, name change
The shareholders of TVI Copper (ASE) have approved the issuance of 2 million unqualified special warrants and two previously approved private placements totaling more than 5.8 million shares. Proceeds…