Placer to start work
Diamond drilling is set to begin on the Goldboro property of Orex Exploration (ME) in Guysborough Cty, N.S. Option and joint-venture agreements between Orex and Placer Dome (TSE) are conditional on th…
News
Viceroy-MK Gold mine dispute escalates
The dispute between Viceroy Resources (TSE) and MK Gold (NASDAQ) is escalating to the courts.Viceroy plans to press forward with court action against MK Gold, “seeking substantial damages.”The dispute…
New zone detected at Hearne Hill
Drill results from the Hearne Hill project northeast of Smithers, B.C., have prompted property owner Booker Gold (VSE) to continue its exploration work through the winter.The company is testing a new …
Columbia vends Spectrum
A private concern will take control of the Spectrum property in northwestern British Columbia under an agreement with owner Columbia Gold Mines (VSE).Crocodile International Enterprises plans to acqui…
PRODUCER PRICES (October 23, 1995)
ALUMINUM: MW U.S. market US81 cents-82 cents per lb. (October 6, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$4.05-4.15 per lb. (October 6, 19…
EDITORIAL PAGE — Hello, I must be going
The crop of 1994 annual meetings is now essentially behind us.The annual meeting is one of the few opportunities for the minority shareholder to obtain first-hand information about a company’s activit…
COMMENTARY — Rhetoric over reason
Recent criticism of the mining industry expressed by Interior Secretary Bruce Babbitt shows that “he continues to rely on rhetoric over reason, and places politics over policy in his quest to drive th…
Derivatives study calls for greater controls, fewer risks
An international survey on the use of derivatives concludes that investment funds are needed to improve risk management.The survey, conducted by Ernst & Young, polled more than 140 investment manageme…
Curator cuts costs at Boleo
By buying into the underlying owner of the Boleo copper-cobalt project in Baja California Sur, Mexico, International Curator Resources (TSE) has reduced its property costs by $11.6 million.Curator pai…
Nebex set to drill Albanian project
Having completed initial exploration of its two concessions in Albania, Nebex (ASE) is preparing to drill for base metals.President Brian Douglas says a 30,000-ft. drill program is planned for the win…
Diamond Fields backs Nuinsco
Emerging nickel producer Diamond Fields Resources (TSE) can earn a 51% participating interest in Nuinsco Resources’ (TSE) Rainy River claims in northwestern Ontario.Diamond Fields intends to buy 2 mil…
Spot prices at a glance (October 23, 1995)
Wednesday, October 18, 1995Week’s Price (US)ChangeGold*$383.75-$0.95Silver*$ 5.35-$0.07Platinum*$413.35-$1.90Nickel**$ 3.52+$0.03Lead**$ 0.29+$0.02Copper $ 1.23-$0.02Zinca$ 0…