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…
News
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…
DIAMOND NEWS ROUNDUP — Parcel of diamonds from Diavik sent for valuation
This month, Kennecott Canada is expected to decide if it will proceed with an underground bulk-sampling program on the A-154 South kimberlite in the Lac de Gras region of the Northwest Territories. Th…
Falco, Minorco complete purchase
The planned acquisition of Royal Dutch/Shell’s one-third interest in the Collahuasi copper project has been completed by Falconbridge (TSE) and Minorco.As a result of the purchase, Falconbridge and Mi…
Akiko cuts new zone at New Burgin project
Drilling on the New Burgin silver-lead-zinc project in Utah has intersected a new zone of gold-rich mineralization for partners Akiko Gold Resources (VSE) and Chief Consolidated Mining (NASDAQ).Hole C…
PEOPLE — VICTORIA GRAPHITE
Michael Cassidy appointed president and chief executive officer.
PEOPLE — CORNUCOPIA RESOURCES (June 05, 1995)
Robert Dunlop appointed director.
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.