Chinese copper imports to rise
Chinese imports of copper in all forms could rise by 75% to almost 1 million tonnes of contained copper by 2005, according to a study from CRU International of London, England. In its 2-volume China a…
News
India’s gold jewellers adapt to changing trends
Indian gold jewellers are trying to adapt to changing trends which have turned jewelry from a traditional middle-class hedge against inflation into a fashion accessory. They are getting help from the …
Steel companies study design of lighter cars
An international consortium of steel companies has begun work on designing the lightest possible steel-bodied passenger car to help automakers reduce the weight of their vehicles in an affordable way….
LATIN AMERICA ROUNDUP — Barrick options Bolivian property
Senior gold producer American Barrick Resources (TSE) will finance US$2.5 million of exploration at the Escala project in southern Bolivia. Australian junior Austpac Gold owns the property, where, ove…
Transpacific options Kirkland Lake claims
Junior Transpacific Resources (TSE) has optioned 61 claims comprising 2,370 acres in the Kirkland Lake-Larder Lake area of northeastern Ontario. The property is known to host seven gold zones, one of …
LATIN AMERICA ROUNDUP — Mexico’s PRI returns to power
The Institutional Revolutionary Party (PRI) again claimed victory in national elections this month in Mexico. PRI candidate Ernesto Zedillo was estimated to have captured about 48% of the vote. He wil…
Operators meeting
The 12th Mine Operators Conference is scheduled for Feb. 19-22, 1995, in Timmins, Ont. The theme will be “new horizons, optimizing mine operations through education, innovation and technology.” Hostin…
NO HEADLINE (August 22, 1994)
BGR Central Net Value $17.31 $6.62 Price $15.88 $7.125 Premium 7.6% Discount 8.30 Value $140,649,000 $128,957,513…
Correction (August 22, 1994)
A story concerning the Montanore property in Montana (T.N.M., Aug. 15) should have referred to private company Montana Reserves as the project partner of Noranda Minerals. Montana Reserves has a net p…
Rainbow drilling encouraging
Drilling on the Rainbow claim near Kamloops, B.C., has returned a promising intersection for partners Getchell Resources (VSE) and Teck (TSE). The latter can earn a 70% interest in the property by spe…
Barrick supports move Royal Oak asks OSC to block Lac poison
In a move that could limit the options open to Lac Minerals (TSE), Royal Oak Resources (TSE) has asked the Ontario Securities Commission (OSC) to prohibit Lac from adopting its shareholder rights prot…
NEWS ROUNDUP — Pentland acquires Kinross properties
Shareholders of Pentland Firth Ventures (ASE) have approved the acquisition of 13 non-producing mineral properties from Kinross Gold (TSE). Under the deal, Pentland also has the right to participate i…