Spot prices at a glance (May 22, 1995)
Wednesday, May 17Week’s .T Price (US)Change Gold*$383.40 $0.00 Silver*$5.38- $0.10 Platinum*$428.65-$6.85 Nickel**$3.31+ $0.16 Lead**$ 0.27+$0.01 Copper$ 1.26+$0.02 Zinc$ 0….
News
Cambior drilling at Douay West
Confirmation drilling by Cambior (TSE) at the Douay West gold project near Joutel, Que., has returned some encouragingintersections.Property owner Societe d’exploration miniere Vior (ME) reports that …
RFC expands Pend Oreille play
Drilling has increased preliminary reserves by 39% at the Pend Oreille zinc project in northeastern Washington state.RFC Resource Finance (TSE) carried out a 21,918-ft. program, consisting of 21 holes…
Meetings (May 22, 1995)
May 29, Hillcrest — annual, generalMay 29, Morrison Middlefield — annualMay 29, Northridge — annual, generalMay 29, NDU — annual, generalMay 29, Platinova A/S — annual, specialMay 29, Platinova R…
Drilling expands Voisey Bay
Exploratory drilling west of the Voisey Baynickel-copper-cobalt discovery is expanding the scope of the Labrador project.Owner Diamond Fields Resources (TSE) reports that holes 95-89, 95-93 and 95-98 …
Imperial reserves rise dramatically (May 22, 1995)
Estimates for the amount of gold contained within California’s Imperial project have doubled.Owner Glamis Gold (TSE) reports that minable reserves have risen to 89.9 million tons grading 0.017 oz. per…
PEOPLE — ANGLO-ANDEAN
Leonel Lopez elected president and chief executive officer.
GOLD FUNDS (May 15, 1995)
Gold Funds as of May 9BGRCentralNet Value$17.53$7.09Price$15.00$6.875Discount14.41%2.8%Value$137,025,000$124,432,688…
NEWS IN BRIEF (May 15, 1995)
Adanac Mining & Exploration (ADN:VSE) and Bell Molybdenum Mines (BLY:VSE) have amalgamated and will be known under the latter name (BEM:VSE). Shareholders of both companies will consolidate on a share…
Voisey Bay deposit shows potential to become low-cost nickel producer
Few mineral projects have developed as quickly as Voisey Bay, a nickel-copper-cobalt project with open-pit potential favorably situated in moderate terrain 10 km from tidewater and about 35 km from Na…
Triton finds Nicaraguan assets ripe for the picking
The economic reforms initiated five years ago in this then-war-torn country have ushered in a climate of relative stability and security. As state-owned mines and other assets became privatized, forei…
Gencor on CIM agenda
South African mining house Gencor will be featured in an address at the May 25 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum.Brian Gilbertson, executive …