Noveder options Baie Verte ground
Montreal-listed Noveder has signed option agreements involving three of its properties on the Baie Verte Peninsula in Newfoundland.Sulliden Exploration (ME) has acquired a half interest in the Long Po…
News
Lithos finds gold on Guinean property
On its recently optioned property in Guinea, Lithos (ME) has identified an alluvial gold deposit with a resource exceeding 200,000 oz. grading 0.12 oz.gold per ton.Lithos must pay the Guinean vendor U…
STOCK MARKETS — Metals lose ground as TSE rises
The gold and base metal issues lost ground over the report period ended April 23, as the Toronto Stock Exchange creaked to a new high. The TSE 300 composite index slipped on April 17 but rose steadily…
Cortez partners increase stake in Royal Gold
The joint venture that operates the South Pipeline gold project in Nevada’s Crescent Valley has increased its hold on Royal Gold (NASDAQ).The Cortez joint venture, a partnership between Placer Dome (T…
McGill to feature seminar on mineral project evaulation
As part of its ongoing series of professional seminars, the department of Mining and Metallurgical Engineering at McGill University in Montreal will host a 6-day course on the techniques and applicati…
NEWS IN BRIEF (April 29, 1996)
Otis J. Exploration (OJ:VSE) has changed its name to Sedex Mining (SDN:VSE).
PEOPLE — AMERICAN COMSTOCK — L. Howard Nichol appointed director.
PEOPLE — ARAUCO RES. — Kerry Knoll appointed president and director; David Martin-Smith appointed corporate secretary; Ian McDonald, Mel de Quadros appointed directors.
COMMENTARY — Perseverance and teamwork key to U.S. Mining Law reform
Federal Mining Law reform efforts in the U.S. have been delayed as a result of the current budgetary impasse. While this is a disappointment, a look at the bigger picture reveals positive aspects as w…