Guyanor makes public offering
An agreement between Golden Star Resources (TSE) and Guyanor Ressources paved the way for the latter’s first public offering in Canada. The company went public with 6 million Class B common shares on …
News
Students engage in mining games
The fifth annual Canadian Mining Games were hosted this year by McGill Mining Engineering in conjunction with Genie des Mines de l’Ecole Polytechnique of Montreal. In addition to attracting engineerin…
Diamond News Roundup — Micros, macros in Drybones Bay core
VSE-listed Trade Winds Resources has reported partial dia-mond processing results from three holes drilled on the Drybones Bay kimberlite pipe. According to Lakefield Research, the core contains both …
STOCK MARKETS — Diamond issues add sparkle to western
Western markets shook off the winter blues over the report period ended March 28, with the resource index adding more than 40 points to finish at 1,152.37. The composite index followed with a more mod…
Gold Funds (April 03, 1995)
Gold Funds as of Mar. 28 BGR Central Net Value $16.06 $6.55 Price $13.75 $6.50 Discount 14.37% 0.8% Value $125,539,000 $118,526,736…
U.S. Mining Law reform back on agenda
After a fruitless attempt last year, lawmakers are again trying their luck at reforming the U.S. Mining Law of 1872. What has yet to be determined is whether the new political makeup of Congress will …
Breakwater targets Caribou for treatment process testing
It is not uncommon for a mine to be shut down and later reactivated as a result of technological advances. Such may be the case with the Caribou polymetallic mine near Bathurst, N.B. Owned by Breakwat…
NEWS IN BRIEF (April 03, 1995)
Chiboug Copper has changed its name to Guyana Goldfields on a 1-new-for-4-old-share basis.
Focus on gold and diamonds at pair of Aussie conferences
Plenty of Canadian content was evident at two major mining industry conferences, the Australian Gold Conference in Kalgoorlie and the World Diamond Conference in Perth. Several speakers at the gold co…
Toronto Stock Exchange Indices (April 03, 1995)
— 1995 — Mar 28 Mar 27 Mar 24 Mar 23 Mar 22 High Low Composite”300″ 4299.72 4307.93 4317.10 4290.42 4263.18 4317.40 3983.34 Metals&Minerals 4116.09 4108.94 4131.01 4095.87 4049.57 4337.89 3273.56 In…
Financing secured for Fort Knox
Financing has been secured for development of the Fort Knox gold deposit in Alaska. Cyprus Amax Minerals (NYSE) made available to Amax Gold (NYSE) US$80 million in revolving credit. The money is in ad…
Placer Dome, Gold Fields settle Pipeline dispute
Litigation concerning the Pipeline project in Nevada’s Lander Cty. has been resolved, Placer Dome (TSE) reports. The legal dispute began in 1992 when Gold Fields Mining challenged the conduct of Place…