News


Geophysics start in Costa Rica

Airborne geophysical surveys are under way on Costa Rican properties held by Barrick Gold (TSE), Lyon Lake Mines (ME) and Placer Dome (TSE).The three companies hold adjacent ground in the Sarapiqui be…


Metal Prices — FREE MARKET (August 28, 1995)

London Metal ExchangeSpot closing prices in $US per tonneDate August 22 August 21 August 18 August 17 August 16Copper 3078-3080 3092-3095 3117-3120 3143-3151 3070-3072Lead 621.5-623.5 627.5-628.5…


First Western busy in Quebec

Two base metal properties in northern Quebec will be explored under an agreement between Band-Ore Resources (CDN) and First Western Minerals (VSE).In return for a 51% working interest, First Western h…


Eastmain steps up drilling at Reservoir

Drilling is in progress at the Reservoir gold property in the Eastmain River greenstone belt in Quebec.Property owner Eastmain Resources (CDN) has announced that drilling to the end of July had indica…


Spot prices at a glance (August 28, 1995)

Wednesday, August 23Price (US)Week’s ChangeGold*$383.45-$0.65Silver*$5.56+$0.20Platinum*$428.00+$7.30Nickel**$4.13+$0.04Lead**$0.28$0.00Copper$1.39$0.00Zinc$0.46 $0.00Co…


Getchell and Teck drilling Rainbow

Drills are turning again on the Rainbow joint venture near Kamloops, B.C.Partners Getchell Resources (VSE) and Teck (TSE), which own 30% and 70%, respectively, are carrying out this second phase of wo…


TSE Short Positions (August 21, 1995)

Short positions outstanding at July 31, 1995.Larger individual positions included: Barrick Gold 4,618,216; Agnico-Eagle 152,330; Alcan Aluminium 808,653; Bema Gold 1,437,500; Caledonia M’g 305,200; Ca…


Kingurutik discoveries followed up

Follow-up ground work by NDT Ventures (VSE) on the Kingurutik Lake property of Lucero Resource (VSE) has outlined gossans containing sulphides and associated graphite.Mapping and prospecting identifie…


Hemlo, Orvana acquire Chilean property

Toronto-listed Orvana Minerals and senior gold producer Hemlo Gold Mines (TSE) are optioning the Esperanza gold property in northern Chile.Hemlo will hold 60% and Orvana 40% of the joint venture, whic…



METAL PRICES — FREE MARKET (August 21, 1995)

London Metal ExchangeSpot closing prices in $US per tonneDateAugust 15 August 14August 11August 10August 9Copper3040-3042 2994-29953014-30193005-30063006-3008Lead609-610 610.5-611.5619-620…


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