News

Alberta-listed Rich Minerals has entered a 50-50 joint venture with NFS Inc. of California to acquire a coal mine in Kentucky. The project includes three coal properties with proven reserves of 43 mil…

An airborne survey is being flown over the Butte Highlands property in Montana in an effort to delineate magnetic and very-low-frequency features characteristic of gold skarn mineralization tested the…

Toronto-listed Eldorado continues to enhance the overall potential of La Trinidad, a joint venture in Mexico’s Sinaloa state. The junior is earning a 51% interest in the gold property from Almaden Res…

Directors of High River Gold Mines (TSE) have agreed to let TVX Gold (TSE) acquire a half interest in the Snow Lake gold property in northern Manitoba. TVX must cancel all its 6 million shares, arrang…

Toronto-listed International Gold Resources intends to buy two additional concessions in Ghana. The Mpatasie property comprises 31 sq. miles and is contiguous with the recent gold discovery made by Ki…

A new geological resource has been calculated for the Glover Island gold property in western Newfoundland. Partners New Island Minerals (ASE) and Newfoundland Goldbar Resources (CDN) report that analy…

For the first time in more than a year, copper prices have started approaching the US$1-per-lb. level. At US93 cents, the price is roughly 20% better than last year’s low of US73 cents. Nickel has dis…

The fifth annual Canadian Mining Games are scheduled for March, 1995, in Montreal. The events are designed to challenge the students’ knowledge of and skill in a wide range of mining aspects. Past eve…

Exploration of El Dorado, a gold project in El Salvador, is continuing with a team of four geologists and three drill rigs. Mirage Resources (VSE), Bethlehem Resources (TSE) and Dejour Mines (TSE) are…

Officials of The Toronto Stock Exchange met recently with two high-ranking representatives of the China Securities Regulatory Commission (CSRC) — Tong Zeng Yin, vice-chairman, and Wang Jian Xi, direc…

A subsidiary of La Teko Resources (VSE) plans to resume exploration and development of its Ryan Lode and True North projects near Fairbanks, Alaska. About 60,000 ft. of drilling is planned in an effor…

The annual meeting of Westmin Resources (TSE), held here recently, was anything but ordinary. Much of President Walter Segsworth’s address was punctuated by long bouts of heckling from various members…