News


Approval still pending for Azco-Phelps Dodge deal

Six months have passed since Azco Mining (AMEX) announced it was selling two copper deposits — one in Arizona, the other in Mexico — and the board of directors is still having difficulty convincing …


Correstions

The Minoro property held by Tombstone Explorations (TSE) and Mar-West Resources (VSE) is situated in Honduras. A recent story on the copper-gold project (T.N.M., Nov. 20/95) did not state the property…


Denison OKs plan of arrangement

The board of directors of Denison Mines (TSE) has approved a plan of arrangement for the company whereby holders of preferred shares will receive 25 new common shares for each preferred share held, an…


Ladner Creek drilling returns gold

Drilling on the Ladner Creek mine project near Hope, B.C., is returning encouraging results for Athabaska Gold Resources (TSE).The company is working to boost the mining reserve accessible from existi…


Index (November 27, 1995)

DEPARTMENTSAnnual Report ReviewCareersClassified AdvertisingCommentaryDiamond NewsDiamond DrillersEditorialsMetals CommentaryMetal PricesOdds ‘n’ SodsPeopleProfessional DirectoryStock MarketsSubscribe…



Loma de Hierro jumps hurdle

Venezuela’s mines ministry has approved the development plan for the Loma de Hierro nickel deposit, 50 km southwest of Caracas. And Jordex Resources (TSE), owner of a 45% interest, is looking forward …


FirstMiss Gold makes new public offering

FirstMiss Gold (NASDAQ) has signed an agreement with a group of underwriters for a public offering of stock.The company is seeking gross proceeds of US$126.75 million from the sale of 6.5 million shar…



TSE short positions (November 27, 1995)

Short positions outstanding at October 31, 1995Larger individual positions included: Barrick Gold 5,459,772; Agnico-Eagle 195,525; Anderson Expl. 132,100; Bema Gold 1,366,400; BGR Precious Metals 114,…


RTZ inks deal with Ecuadorian

Mining conglomerate RTZ (NYSE) intends to acquire a controlling interest in the Beroen gold property, west of Cuenca, Ecuador.The current owner, Ecuadorian Minerals (TSE), has identified several areas…


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