X-Cal encouraged
Recent work by X-Cal Resources (TSE) has defined three new areas for drilling on the Sleeper Extension gold project in Humbolt Cty., Nev. The junior reported a new discovery under 14 ft. of overburden…
News
Tri Origin wraps metallurgical tests
Mixed results are reported from preliminary metallurgical tests conducted on samples from the Lewis Ponds polymetallic project in Australia. Property owner Tri Origin Exploration (TSE) obtained the co…
Granges, Hycroft plan merger
A merger proposal has been presented to Hycroft Resources & Development (TSE) by its 50.5% parent, Granges (TSE). The amalgamation would require the calling of special meetings of the shareholders of …
Uranium Institute to mark 20th year
The 1995 Symposium of The Uranium Institute will mark that organization’s 20th anniversary. The event is scheduled for Sept. 6-8 in London, England. Key issues to be addressed include decommissioning …
Latin American focus for Golden News
To reflect its commitment to Latin American exploration, Golden News Resources (TSE) has changed its name to Laminco Resources. The company has completed a 56-hole, 15,000-ft. reverse-circulation dril…
PEOPLE — CYPRUS AMAX COAL (January 16, 1995)
Garold Spindler appointed president.
COMMENTARY — Thinking small with silver
The increasing demand for a high-performance power source, such as that provided by silver oxide-zinc batteries, accounts for the more-than-200,000-oz. increase in the use of silver in the U.S. batter…
Trader in merger with Mountain
Trader Resources has amalgamated with its wholly owned subsidiary, Mountain Minerals (TSE). The merger is designed to reflect Trader’s shift in focus from precious metals exploration to mining, produc…
Arizona Star teams with Bema
Associated companies Arizona Star Resource (VSE) and Bema Gold (TSE) are teaming up on the Aldebaran gold project in Chile. Bema plans to acquire the 49% interest in the project held by Minera Anglo A…
Bruneau financing
The second stage of a proposed offering by Bruneau Minerals (ME) has closed. Bruneau netted $320,000 in the first stage. With the second closing, of 180 units, the company has netted $500,000.
Toronto Stock Exchange Indices (January 16, 1995)
— 1994 — Jan 10 Jan 9 Jan 6 Jan 5 Jan 4 High Low Composite”300″ 4191.86 4160.52 4151.65 4160.43 4154.53 4609.93 3518.31 Metals&Minerals 4237.82 4185.09 4146.01 4093.73 4094.60 4289.04 3273.56 Integr…
Eight new members enter Mining Hall of Fame
Eight members of Canada’s mining industry were inducted into the Canadian Mining Hall of Fame at a gala dinner and awards ceremony held recently in Toronto. The Hall now boasts a total membership of 6…