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. …
News
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…
NEWS ROUNDUP — Exall, MacMillan option Wakadanawa
Two TSE-listed juniors — Exall Resources and MacMillan Gold — intend to explore and develop a large gold prospect in southern Guyana. Known as the Wakadanawa, the 60,000-acre property lies in a rela…
Hemlo to drill Northfield holdings
Toronto-listed Hemlo Gold Mines will conduct surface drilling on several deep gold targets on Northfield Minerals’ (TSE) holdings in northern Ontario. Hemlo can earn a half interest in 46 claims, whic…
Results encourage Haddington, Portman
Initial drilling on the Tyrrell Twp. gold project near Shining Tree, Ont., has yielded encouraging results for partners Haddington Resources (VSE) and Portman Explorations (VSE). The project consists …
Great Lakes signs bank agreement
A banking agreement will enable Great Lakes Minerals (TSE) to acquire an additional 10% interest in the Grouse Creek venture in Idaho, as well as hedge the production of future gold and silver product…
NEWS ROUNDUP — Campbell buys into former Lac play
Toronto-listed Campbell Resources (TSE) has opted to acquire the Wildcat gold project, formerly held by Lac Minerals. Situated 80 miles northeast of Reno, Nev., the property was recently subjected to …
Virginia, Diabior active in Eastmain
Joint-venture partners Virginia Gold Mines (ME) and Explorations Diabior (TSE) have staked 92 claims covering 341 sq. km in the Eastmain volcanic belt of northwestern Quebec. An area containing geoche…
Northern Ontario townships reopened to prospectors
Beginning April 4, prospectors will be allowed to return to 20 townships or portions of townships in the Teme-Augama Anishnabai (TAA) land claim area in the Temagami Lake area of northern Ontario. The…
Westray trial under way
A criminal trial began Feb. 6 into the explosion at the Westray coal mine in Plymouth, N.S., that left 26 men dead. The blast occurred May 9, 1992, at 5:18 a.m. Investigators later determined that a s…