Kinbauri Gold expands ground in Burkina Faso
Junior explorer Kinbauri Gold (CDN) is expanding its presence in the West African nation of Burkina Faso.An agreement with two Montreal-listed companies, Loubel Explorations and Melkior Resources, cal…
News
Aurizon Mines’ earnings slip
The recent first quarter saw the earnings of Aurizon Mines (TSE) drop to $570,270 from $1.3 million for the same period in 1994.In 1994, however, earnings included gains of $626,024, or 2 cents a shar…
Companies (June 26, 1995)
INDEXAbsolutAdex MngAgate BayAlmadenAmer ManorArequipaArons MultnAudreyAurizonAvalon VenBanffBarrick GldBenguetBHPBolivr GldfldBreakwaterBrennaCalcoCambiorCamecoCathedralCodelcoCoge…
McLellan launches cross-country lab
Anne McLellan, Canada’s minister of natural resources, helped launch the Mobile Foundry Laboratory during a recent ceremony at Quality Steel Foundries in Edmonton, Alta.The mobile laboratory will revi…
STOCK MARKETS — Lower interest rates help TSE forge ahead
Despite persistent fears of a new recession, the TSE 300 composite surged ahead over the 5-day report period ended June 20, helped in part by falling interest rates and a strong performance in preciou…
Mining opportunities emerge in former Soviet republics
Emerging from under the yoke of Soviet rule, the countries of Central Asia are struggling to transform themselves into market-based economies.Uzbekistan has been especially aggressive in the area of m…
Spot prices at a glance (June 26, 1995)
Wednesday, June 21Week’sPrice (US)ChangeGold*$390.70+$3.90Silver*$5.49+$0.12Platinum*$442.75+$6.15Nickel**$3.51+$0.05Lead**$0.27-$0.01Copper $1.41+$0.10Zinca$0.45$0.00Co…
Nebex steps up efforts in Albania
Seven copper-zinc-gold targets have been identified on one of two Albanian mining concessions recently obtained by Nebex Resources (ASE).President Brian Douglas says two immediate drill targets have b…
Mount Polley decision expected before fall
The Mount Polley project in central British Columbia could be producing copper and gold by the end of the first quarter of 1997.At the annual meeting of Imperial Metals (TSE), President Pierre Lebel s…
Newhawk expands exploration focus
With a view towards expanding its search for minerals throughout North America, Newhawk Gold Mines (TSE) has approved a corporate and exploration budget of $1.5 million for the year.The junior is revi…
Grassroots work begins in Labrador
With the recent spate of property deals near Voisey Bay, Labrador, starting to abate, initial reports from preliminary exploration programs are begining to trickle in.Absolut Resources (ASE), which ha…
Drilling expanding reserves at Kabanga nickel project
A drill program at the Kabanga joint venture in Tanzania is expanding reserves.Sutton Resources (VSE) says work on the North zone has outlined 12.4 million tons grading 2% nickel, 0.27% copper and 0.1…