News


Green light for Eskay Creek

The British Columbia government has awarded a mine development certificate to Prime Resources Group (TSE) for its Eskay Creek gold project 80 air-km north of Stewart. The project was given a full tech…


South Australia invites exploration

An increase in exploration in South Australia has prompted that state’s government to commit funds for a further work program. About A$1 million of the A$5-million program will finance airborne geophy…


Onshore, Minorco to drill Irish play

Partners Onshore Resources and Minorco are continuing their search for base metals on a 650-sq.-km property in central Ireland. The property is on a major structural trend which extends southwestwards…


Copper doldrums force Crew to drop Red Dog project

The poor price of copper has prompted Crew Natural Resources (VSE) to drop its interest in the Red Dog copper-gold project on northern Vancouver Island. The decison was also influenced by BHP Minerals…


Gold Funds (April 04, 1994)

Gold Funds as of Mar. 30 BGR Central Net Value $18.08 $7.10 Price $17.25 $7.750 Premium 9.2% Discount 4.61% Value $146,924,000 $140,269,575…



Orco’s Donalda producing gold again

The operator of the Donalda gold mining project is projecting output of about 20,000 oz. for the first year. Orco Resources (ME) placed the project, which sits just outside city limits, into productio…


Int’l Platinum halted pending assay check

The shares of International Platinum (IPC) have been halted from trading on the Toronto Stock Exchange pending an “independent verification” of recently reported assay results from its property in La …


Campbell divides time between Mexico and Quebec

For years, Campbell Resources (TSE) has been hobbled with a mixed bag of gold-copper, asbestos and coal investments. Profitability and a clean balance sheet were elusive. However, the past few years h…


Denison given short reprieve

An arbitration panel has ruled on the dispute between Denison Mines (TSE) and Ontario Hydro. The news is not good for Denison, which will receive a total of $30.9 million, a far cry from the $361 mill…


Hemlo’s Holloway project gets go-ahead

Ontario’s newest producing gold mine could be the Holloway project, 60 km east of Matheson. A feasibility study by Hemlo Gold Mines (TSE), Freewest (TSE) and Teddy Bear Valley Mines (CDN) indicates th…


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