News



Cominco Res. gold discovery

Cominco Resources International (TSE) has added a new gold discovery to its exploration projects in Turkey. The find was made on the Saray property, 5 km from the Black Sea near the town of Fatsa. Com…


Campbell buys Mexican producer

Toronto-based Campbell Resources (TSE) has agreed to buy the Santa Gertrudis gold mining operation in Mexico’s Sonora state. The vendor is a subsidiary of Phelps Dodge (NYSE) of Phoenix, Ariz., which …


Test mining a success for Fairfield Minerals

Underground test mining is returning both revenue and positive results from the company’s Siwash North gold deposit in southern British Columbia. Owner Fairfield Minerals (TSE) recently sold more than…


THE LATIN BEAT — Peruvian Gold expands ground

Encouraging preliminary results from exploration of the Mont Dor leases in southern Peru have prompted Peruvian Gold to apply for a further 13,000 hectares in the area. The company’s current lease are…



THE LATIN BEAT — TVX options Brazilian gold play

TVX Gold (TSE) can acquire the Natividade gold property 550 km north of Brasilia, the capital of Brazil. The property comprises 230,000 hectares and hosts numerous gold occurrences that have been work…


Southern Pacific stakes Mexican copper

Southern Pacific Copper (VSE) has acquired the Toliman porphyry copper prospect in Mexico’s Chiapas state. It acquired the 3,600-hectare concession by staking after it was released from the federal re…


Starcore exploring platinum project

Drilling is expected to begin later this summer on the Goodnews Bay platinum project 420 miles southwest of Anchorage, Alaska. The program will be managed by Starcore Resources (VSE), a Murray Pezim-c…


Ft. MacKay deal nixed by Lac and Tintina

Three TSE-listed companies — Lac Minerals, Tintina Mines and NSR Resources — have ceased negotiations to pool land and jointly develop a gold exploration program in the Fort MacKay area of northeast…


GOLD FUNDS (July 25, 1994)

Gold Funds as of July 18 BGR Central Net Value $17.06 $6.74 Price $15.25 $7.125 Premium 5.7% Discount 10.60% Value $138,597,000 $128,957,513…


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