Francisco forms JV in Mexico
El Realito, a gold-silver property in Mexico’s Chihuahua state, will be explored by Nord Pacific (NASDAQ) and Francisco Gold (VSE).Francisco, an Australian-based company, paid US$100,000 for the prope…
News
International Pursuit buys Bigacon mill in Philippines
Should the Hinoba-an porphyry copper property in the Philippines be approved for production, an on-site mill will be ready to process the ore.International Pursuit (TSE), which holds an option to acqu…
Mines in B.C. play it safe
Mines Minister Anne Edwards presented safety awards to 10 British Columbia mines during the province’s Mining Week.The Occupational Health and Safety Committee trophy for the best overall health and s…
Odds ‘n’ Sods — Balancing the books at Pioneer
The Main vein, a magnificent, gold-bearing structure which had sustained the Pioneer mine for more than 20 years, was coming to an end at a vertical depth of 4,500 ft. However, a new structure, the 27…
Coal demand on the increase
Tight supply and rising demand will result in a rise in world coal prices over the next two years, according to trade sources at an international coal conference held recently in Indonesia.Roger Wicks…
Welcome North tops up treasury
A private placement of 7.2 million units priced at 25 cents each gives Welcome North Resources (VSE) working capital to fund acquisitions.The company will seek shareholder approval for a 1-for-8 rollb…
COMMENTARY — Mining reform and the role of small miners
The World Bank’s recent study of mining in Latin America has concluded that the open-sector policies and open economies currently in place have succeeded in comparison with the nationalistic policies …
Adrian drilling enhances Molejon deposit
Drilling on the Petaquilla property in Panama is enhancing the potential of the Molejon gold deposit to become a stand-alone producer while development work continues on the nearby copper-gold porphyr…
Toronto Stock Exchange Indices (June 19, 1995)
— 1995 — June 13June 12June 9June 8June 7HighLowComposite”300″4492.104466.834463.554479.904476.334494.093983.34Metals&Minerals4322.544324.164301.784342.394350.524409.893273.56I…
Spot prices at a glance (June 19, 1995)
Wednesday, June 14Week’sPrice (US)ChangeGold*$386.80+$2.15Silver*$5.37+$0.03Platinum*$436.60+$4.45Nickel**$3.46-$0.05Lead**$0.28+$0.01Copper $1.31+$0.01Zinca$0.45$0.00Cour…
Gold Funds (June 19, 1995)
Gold Funds as of June 13BGRCentralNet Value$17.54$6.74Price$14.13$7.00Discount19.49%Premium3.9%Value$137,163,000$126,695,100…
STOCK MARKETS — Western markets backtrack as Voisey Bay play evolves
Western markets finished the week ended June 13 somewhat mixed amid continued investor interest in Labrador’s Voisey Bay nickel-copper-cobalt area play.The Vancouver Stock Exchange resource index gain…