Alta producing gold at Kinsley
Late last year, Alta Gold (NASDAQ) started producing gold at its newest Nevada operation, the Kinsley mine. Situated in Elko Cty.’s Kinsley Mountains, the open-pit mine contains proven reserves of 3.5…
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Argentina Gold explores gold systems
In just over two years, Argentina Gold (VSE) has established itself as one of the premier “grassroots” gold explorers in Latin America. Having identified dozens of alteration zones (thought to represe…
ODDS”N”SODS — Fellowship along on the trail
The trails in mining and exploration are rugged, steep and well-marked with the footprints of a host of adventurers who have set forth with high hopes, faith and determination. These same trails trave…
Lithos approaches production at Bourlamaque-Nord
New life is being breathed into the Wrightbar gold project, just east of here, by Lithos (ME). Now known as Bourlamaque-Nord, the project was developed between 1986 and 1988 to a vertical depth of 550…
NEWS IN BRIEF (February 13, 1995)
Consolidated Asiatel Resources (CTD:VSE) has changed its name to Sino Foods on a share-for-share basis.
Pentland receives financing proceeds
Alberta-listed Pentland Firth Ventures has received final receipts from a prospectus offering of 4 million units at $1.10 each. Each unit consists of one Pentland share and one-half a warrant. Each wh…
Toronto Stock Exchange Indices (February 13, 1995)
— 1994 — Feb 7 Feb 6 Feb 3 Feb 2 Feb 1 High Low Composite “300” 4100.99 4119.78 4105.05 4061.10 4019.11 4609.93 3518.31 Metals&Minerals 3922.33 3964.05 4083.50 4020.20 3956.20 4337.89 3273.56 Integr…
Inco, Codelco exploring deposit
Chile’s state-owned copper company, Codelco, and Compania Minera Mamina, a wholly owned subsidiary of Inco (TSE), will proceed with the second phase of exploration on the 10,000-hectare Mamina copper-…
Miramar takes over Athena
Gold producer Miramar Mining (TSE) has cleared the final hurdle for its acquisition of Athena Gold (VSE). Shareholders of Athena received one common share of Miramar for every 2.8 common shares held. …
Akiko Gold aims to advance Utah mine project
Underground drilling aimed at expanding geological reserves of the high-grade New Burgin deposit is under way in the East Tintic district of Utah. Vancouver-listed Akiko Gold Resources is earning a ha…
Commodity index on a roll
The commodity price index of the Bank of Nova Scotia recorded its fifth straight gain in December. The small monthly gain from November was helped by stronger metals and agricultural prices. For 1994,…
Spot prices at a glance (February 13, 1995)
Wednesday, Feb. 8 Week’s Price (US) Change Gold* $374.80 – $1.45 Silver* $4.67 – $0.01 Platinum* $408.75 – $6.75 Nickel** $3.62 – $0.76 Lead** $0.25 – $0.04 Copper $1.28 – $0.05 Zinc $0.45 – $0.06 Cou…