News


Newmont studies Indonesian project

The contract for the first-phase optimization study of Newmont Gold’s (NYSE) Batu Hijau copper-gold project in Indonesia was awarded to Flour Daniel. The study will determine the best way to develop, …



Crew acquiring tin operation

Control of the owner of the last producing tin mine in Cornwall, England, is passing to Crew Natural Resources (VSE). To acquire a 60% interest in South Crofty, Crew participated in a share offering b…


British Columbia awards grants

Forty-six companies in British Columbia will receive grants totaling $2.2 million from the province’s Mineral Exploration Incentive Program (MEIP). Applications for 201 projects were received during t…


Nuinsco makes rights offering

A rights offering has been made to Nuinsco Resources (TSE) shareholders residing in Ontario, Quebec, British Columbia and Alberta. Deak International Resources Holdings, which holds 8.4 million Nuinsc…


Noranda testing recovery plant for magnesium

Further testing of a process to recover magnesium from asbestos tailings in the Thetford Mines area of Quebec will be pursued by Noranda Minerals. Construction of a $25-million pilot plant will start …




Gold Funds (August 29, 1994)

BGR Central Net Value $17.10 $6.66 Price $15.63 $7.125 Premium 7.0% Discount 8.65% Value $138,967,000 $128,957,513…


Paredones results encourage Echo Bay

Drill results from the Paredones Amarillos gold property in Baja California Sur, Mexico, are proving encouraging for Baja Gold (TSE) and Echo Bay Mines (TSE). The latter can earn a 51% interest in the…



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