Caledonia finds copper showings at Kikerk Lake
Initial prospecting in the Kikerk Lake area, about 550 km north of Yellowknife, N.W.T., has led Caledonia Mining (TSE) to the discovery of surface copper occurrences along a ridge 4 km long by 100 met…
News
LABRADOR NEWS ROUNDUP — Tapestry readies Seahorse for drilling
Exploration work on the Seahorse Lake property, 150 km southwest of the Voisey Bay discovery in Labrador, is returning encouraging results for Tapestry Ventures (VSE).Follow-up work on a copper-in-soi…
EDITORIAL PAGE — Privatization gains momentum
State mining is still alive in the western world, but privatization is gaining momentum. And that, in a nutshell, was the message delivered by Magnus Ericsson of the Swedish-based Raw Materials Group …
Gulf finances Tajikistan work
A private placement of convertible preferred shares is expected to raise $6 million for Gulf International Minerals (VSE).The company plans to use the proceeds of the issue to advance its various gold…
Drilling under way at Fishhook
Drilling is under way on the Fishhook Lake gold property in the Northwest Territories. Gitennes Explorations (ASE) is testing two recently discovered zones with a series of short drill holes.Six holes…
Sharpe finds gold at Antone Canyon
Surface trenches at the Antone Canyon property in Nye County, Nev., of Sharpe Energy & Resources (CDN) have been found to contain gold mineralization.The program was designed to test for the surface e…
Placer plays safe at Las Cristinas
Uncertainty over the business climate, combined with the need for additional drilling, has prompted Placer Dome (TSE) to delay development of its Las Cristinas project in eastern Venezuela.The company…
Tallman drilling comes up short
Additional drill results from the Tallman prospect in Guyana failed to match the spectacular value encountered previously.Cathedral Gold (TSE), which can earn a 90% interest in the concession, drilled…
SX-EW process changes copper industry
Changes are taking place in the copper industry with the emergence of solvent extraction-electrowinning (SX-EW) processing, a technique which allows companies to produce cathode copper at the mine sit…
GREATEST VALUE TRADED, NOV. 1-7 (November 13, 1995)
Value($000s)HighLowCloseChange co Ltd T257341$46 5/844 3/446 5/8+3/8Placer Dome T165452$32 7/829 1/832 1/2+3Barrick Gold T137851$34 1/430 7/833 7/8+2 5/8BRE-X Mnrl A73003$5…
Teck to finance development of Niblack project
The Niblack massive sulphide project in southeastern Alaska has attracted the attention of Teck (TSE). The major recently agreed to finance development of the project in return for the right to earn a…
South American Gold plans to open Chilean gold mine
In announcing the startup of milling operations at its Pimenton gold mine in Chile, South American Gold & Copper (TSE) has made the transition from junior explorer to producer.Situated northeast of Sa…