Shareholders of Amalgamated CanGold (TSE) have approved a proposed merger with privately owned Kazakhstan Goldfields. The new company will be called Central Asia Goldfields.CanGold has asked the Toron…
The Panamanian cabinet is expected to ratify the contract under which Tiomin Resources (TSE) will acquire development rights to the Cerro Colorado copper deposit in western Panama.Tiomin is considerin…
Drilling by International Pursuit (TSE) on its Hinoba-an copper project in the Philippines continues to expand the dimensions of the A1 anomaly and Don Jose deposit.Results from six additional holes d…
Drill results from the Tasisuak Lake property in Labrador have jostled the spirits of joint-venture partners Consolidated Magna Ventures (VSE) and Consolidated Viscount Resources (VSE).Tasisuak Lake l…
In 1995, three types of deposits accounted for 82% of exploration expenditures in British Columbia. These include:* gold-enriched porphyry copper and porphyry-related gold deposits; * polymetallic mas…
Long before Mikhail Gorbachev introduced reforms that changed the political and economic structures of Russia and the former Soviet Union, there existed a nostalgia for the order and structure that ep…
Toronto-listed Sherritt has raised $341 million through a rights offering in spinoff company Sherritt International.Shareholders received one transferable right for each Sherritt share held. One trans…
Junior Northern Platinum (VSE) and J.P. Sheridan, a director of the company, have filed a statement of claim in an Ontario court for damages amounting to $25 million.The claim relates to an agreement …
Wednesday, January 3, 1996Week’s Price (US)ChangeGold*$390.50+$3.15Silver*$ 5.35+$0.19Platinum*$406.00-$1.00Nickel**$ 3.34-$0.32Lead**$ 0.31-$0.02Copper$ 1.25-$0.04Zinc$ 0….
Drilling on Project 10 in the Staghorn Lake area, 80 km northwest of Nain, Labrador, has been suspended until weather conditions improve.NDT Ventures (VSE) has completed four holes in a program aimed …
Drilling is under way on the Peruvian “B” property, 200 km northwest of Goose Bay, Labrador.Cartaway Container (ASE) is funding the program under an option that enables it to earn a half interest from…
Arimetco International (TSE) has acquired the Paradise Peak operation from FMC Gold (NYSE). The operation, situated near Gabbs, Nev., comes complete with a gold processing plant.Arimetco paid FMC US$2…
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