Trillion expands into South Africa
An agreement to acquire a partial interest in a South African company is expected, directly and indirectly, to provide Trillion Resources (TSE) with annual production credits of more than 55,000 oz. g…
News
STOCK MARKETS — Dow Jones sets record, TSE posts solid gain
Markets in New York City and Toronto posted solid gains this week, resulting from the perception that, at least for the time being, low inflation and steady economic growth are upon us. During the rep…
New overseas mines give boost to Metall
With two new mines operating at or near commercial production levels and with development work under way at several others, Metall Mining (TSE) expects to continue growing in 1995. Last fall, the Toro…
Companies pledge emission cutbacks
Thirteen large, Canadian mining companies have reduced emissions of 12 major substances by 43% and have pledged to reduce the discharges by 71% by the end of the decade. The companies, members of the …
St. Genevieve in option deal for Philippine property
A signed agreement could see St. Genevieve Resources (ME) acquire a 60% interest in the Capcapo gold-copper property in the Philippines. Previously, the 1,900-acre property was optioned by a major int…
Guyanor makes public offering
An agreement between Golden Star Resources (TSE) and Guyanor Ressources paved the way for the latter’s first public offering in Canada. The company went public with 6 million Class B common shares on …
Students engage in mining games
The fifth annual Canadian Mining Games were hosted this year by McGill Mining Engineering in conjunction with Genie des Mines de l’Ecole Polytechnique of Montreal. In addition to attracting engineerin…
Diamond News Roundup — Micros, macros in Drybones Bay core
VSE-listed Trade Winds Resources has reported partial dia-mond processing results from three holes drilled on the Drybones Bay kimberlite pipe. According to Lakefield Research, the core contains both …
STOCK MARKETS — Diamond issues add sparkle to western
Western markets shook off the winter blues over the report period ended March 28, with the resource index adding more than 40 points to finish at 1,152.37. The composite index followed with a more mod…
Gold Funds (April 03, 1995)
Gold Funds as of Mar. 28 BGR Central Net Value $16.06 $6.55 Price $13.75 $6.50 Discount 14.37% 0.8% Value $125,539,000 $118,526,736…
U.S. Mining Law reform back on agenda
After a fruitless attempt last year, lawmakers are again trying their luck at reforming the U.S. Mining Law of 1872. What has yet to be determined is whether the new political makeup of Congress will …
Breakwater targets Caribou for treatment process testing
It is not uncommon for a mine to be shut down and later reactivated as a result of technological advances. Such may be the case with the Caribou polymetallic mine near Bathurst, N.B. Owned by Breakwat…