First Dynasty moves into Irian Jaya
With a new acquisition, First Dynasty Mines (TSE) has moved to an enviable address: next door to the renowned Grasberg and Ertsberg copper-gold deposits in the Indonesian region of Irian Jaya.The Mini…
News
Strong gold assays help Santa Elina in Brazil
Consistent gold mineralization at depth is evident from drill results reported by Santa Elina Gold (TSE) at its Fazenda Nova property in Brazil.Since March, the company has drilled 38 diamond drill ho…
LABRADOR NEWS ROUNDUP — Cartaway almost blown away
Labrador’s infamous winter weather has dealt a delay to Cartaway Container (VSE).High winds on the wholly owned Cirque property south of Okak Bay, Labrador, forced the company to move its camp to a mo…
Britannia options Exall project
An agreement has been signed by Exall Resources (TSE) and Britannia Gold (VSE) for a joint venture on the Santo Tomas copper project in Sinaloa state, Mexico.Under the agreement, Britannia will assume…
LABRADOR NEWS ROUNDUP — Okak drilling cuts stringers
Drilling is continuing at the Okak property in Labrador.United Compass Resources (VSE) and Castle Rock Explorations (VSE), which are each earning a 35% interest in the property, report that the first …
FACTS & FIGURES — Gold use in coinage shows worldwide decline in 1995
The worldwide use of gold in coinage dropped 50% in 1994, down to 2.5 million oz. from 5 million oz. in 1993, according to Modern Gold Coinage 1994, an annual report released by The Gold Institute.Bas…
Index (November 13, 1995)
CareersClassified AdvertisingDiamond NewsDiamond DrillersDividendsEditorialsMetal PricesMetals CommentaryOdds `n’ SodsProfessional DirectoryRights & WarrantsStock MarketsSubscriber ServicesSpecial Rep…
LABRADOR NEWS ROUNDUP — Columbia Yukon mobilizes rig
With a drill permit now in hand, Columbia Yukon Resources (ASE) has mobilized a drill rig to its ML 1506 ground in the Alliger Lake area north of Voisey Bay, Labrador.The company plans to test several…
Kemess South deal “alive and well”, Witte says
Unforeseen delays in the permitting process for the Kemess South copper-gold project in north-central British Columbia have resulted in Royal Oak Mines (TSE) extending the closing date for the takeove…
Imperial revises Mount Polley reserves
The Mount Polley gold-copper project in central British Columbia, 56 km northeast of Williams Lake, is being readied for a scheduled construction start-up in the spring of 1996.As part of a due-dilige…
Athabaska hopes to revive Ladner Creek
Underground exploration drilling and development is continuing at the Ladner Creek gold project near Hope, B.C.Athabaska Gold Resources (TSE) has committed to spending $1 million on the property by Ju…
EDITORIAL PAGE — Privatization gains momentum
State mining is still alive in the western world, but privatization is gaining momentum. And that, in a nutshell, was the message delivered by Magnus Ericsson of the Swedish-based Raw Materials Group …