News

Metal Prices — FREE MARKET (June 12, 1995)

London Metal ExchangeSpot closing prices in $US per tonneDateJune 6June 5June 2June 1May 31Copper2881-2882 2911-2913 2877-2887 2862-28642851-2852Lead593.5-594.5 593.5-594.5 610.5-611.5 605.5…


New zone found at Mount Pleasant

A 5-hole exploration program has enabled Adex Mining (TSE) to confirm continuity of ore-grade mineralization between two known zones on the Mount Pleasant property in southern New Brunswick.The drilli…


Reunion Mining busy in Ghana

Reunion Mining, 30.7% owned by Toronto-based Caledonia Mining (TSE), has acquired rights to earn an interest in two gold prospecting licences near Bibiani, Ghana.Reunion’s agreement with the Placer Do…


Corner Bay acquires Arizona copper play

Corner Bay Minerals (TSE) is acquiring the Korn Kobb copper property in Arizona by making option and acquisition expenditures and paying a residual royalty on production to the vendor.Corner Bay has, …


Meetings (June 12, 1995)

MEETINGSJune 19, Canadian Mining — annual, generalJune 19, Cross Lake — annual, generalJune 19, Dalmatian — annualJune 19, DRC — annual, generalJune 19, Golden Dividend — annual, generalJune 19, …


Tombstone closes Honduran deal

The closing of an agreement to purchase a 100% interest in the Minas de Oro gold-copper property provides Tombstone Explorations (TSE) with a project in Honduras.The company paid 80-20 owners Kennecot…





PEOPLE — CALEDONIA MINING

Richard Fiorini appointed president and chief executive officer; Chris Harvey appointed chief operating officer; John Stalker appointed managing director of European operations.



Correction (June 05, 1995)

A recent story (T.N.M. May 29/95) featuring Hillsborough Resources (TSE) incorrectly reported that thermal coal prices averaged $41 to $42 per ton over the past three years and that 1995 prices are ex…


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