Mineralization discovered at Hebron Lake
Field work on the Hebron Lake property, 200 km northwest of Voisey Bay, Labrador, has identified six mineralized areas for Consolidated Viscount Resources (VSE).Grab sampling of weathered outcrops fro…
News
Freeport expands potential of Indonesian operations
Though they may be typical assays for the rich Grasberg deposit, the latest figures reported by Freeport-McMoRan Copper & Gold (NYSE) from its operations in Irian Jaya, New Guinea, would make any geol…
Azco and Princeton announce merger plans
In attempt to form a multi-mine, low-cost copper producer, Princeton Mining (TSE) and Azco Mining (TSE) announced plans to merge into a single company.The proposed merger would see Princeton consolida…
PEOPLE — PAN AMERICAN SILVER — J. Fletcher and Michael Maloney appointed directors; Michel Robert appointed senior vice-president; Anthony Hawkshaw appointed chief financial officer; Ing. Andres Dasso appointed vice-president of Peruvian operations.
PEOPLE — METALLICA RES. — Louis Lepry appointed director.
Westmin firms up potential in Yukon
With three drill rigs turning on the Foot property in the southern Yukon, Westmin Resources (TSE) is sizing up the potential of the zinc-rich massive sulphide mineralization.Westmin can earn a 60% int…
INVESTMENT COMMENTARY — Success in Zimbabwe, Colorado renders Redaurum a buy
With two projects under development and one in production, Redaurum (TSE) is a rising star among junior diamond miners.In a report, Roger Chaplin, analyst with T. Hoare & Co., draws attention to the c…
Green light flashes for Collahuasi
Toronto-based Falconbridge (TSE) and joint-venture partner Minorco will spend $1.75 billion to develop the Collahuasi copper project in northern Chile.Collahuasi is one of the world’s largest undevelo…
PEOPLE — LYTTON MINERALS — Francois Hoffman appointed chief consultant.
FINANCING (October 09, 1995)
Cabot Creek Mineral Corp. — 1,300,000 shs @ 22 cents per sh.Pioneer Metals Corp. — 7,100,000 shs @ $2.50 per sh.
COMMENTARY — Back to the Stone Age
When it comes to producing wealth and tax revenues, and creating employment through high-paying jobs, there is little dispute about the enormous value of mining. But what would it be like to live for …
Echo Bay gets nod for Lamefoot
Development plans are in the works for the Lamefoot gold deposit now that Echo Bay Mines (TSE) has received approval from the U.S. Bureau of Land Management (BLM) to expand its Kettle River operations…