Tombstone eyes Honduran play
A property agreement with two American companies will enable Tombstone Explorations (VSE) to expand into Central America. The Vancouver-based junior can acquire the Minas de Oro copper-gold project in…
News
EDITORIAL PAGE — Learning from the past
The abuses of Spain’s conquest and exploitation of South and Central America serve as a cautionary lesson for present-day developers, according to Oscar Arias Sanchez, a Nobel Peace Prize winner and f…
COMMENTARY — Galvanizing and the zinc market
Increasingly, the demand for zinc has come to rely on the galvanizing sector. According to the latest figures from the International Lead and Zinc Study Group, consumption in this sector rose by some …
Crude steel output off slightly in ’94
World crude steel production in 1994 totalled 723.3 million tonnes. The International Iron and Steel Institute of Brussels says preliminary figures place output 0.9% below the 1993 level and 8% below …
Commodity index in decline
The commodities index of the Bank of Nova Scotia declined by 1.3% in February after rising for six straight months. A sharp drop in metals and minerals prices and a seasonal fall in agricultural price…
Monarch spreads its wings in Venezuela
Favorable drill results have enabled Monarch Resources (TSE) to increase gold reserves at its Camorra mine and Canaima concession in the Venezuelan district of El Dorado. At La Camorra, results have b…
Fairfield chalks up firm earnings
The Siwash gold mine in southern British Columbia continues to pump out profits for Fairfield Minerals (TSE). In 1994, the open pit yielded 27,000 oz., which was augmented by a further 3,000 oz. from …
Gulf boosts gold reserves
Reserves at the Aprelevka mine in Tajikistan have been revised, paving the way for a proposed expansion. A study by Gulf International Minerals (VSE) indicates the open-pit deposit contains about 2 mi…
Azco beefs ups Piedras resource
A drill program has boosted the estimated resource of the Piedras Verdes project in northwestern Mexico. The figure now stands at almost 1.3 billion lb. of contained copper. Based on a 0.2% copper cut…
El Callao drilling returns more gold at Lo Increible
Drilling on Lo Increible in Venezuela continues to return gold values for El Callao Mining (VSE), which is earning up to a 70% interest in the property. Infill work within the Victoria zone is aimed a…
First Anvil shipments
Lead and zinc shipments from the Faro project in the Yukon are expected to start in early October, shareholders of Anvil Range Mining (TSE) were told recently. The company is preparing the Grum deposi…
Gold Funds (April 03, 1995)
Gold Funds as of Mar. 28 BGR Central Net Value $16.06 $6.55 Price $13.75 $6.50 Discount 14.37% 0.8% Value $125,539,000 $118,526,736…