NEWS ROUNDUP — Sikaman, LAG join forces
Two juniors — Sikaman Gold Resources (TSE) and Latin American Gold (VSE) — have agreed to collaborate in an effort to secure, evaluate and, if appropriate, develop several properties in Argentina. L…
News
Campbell seeks more gold at Joe Mann
Having sold various non-core assets, Campbell Resources (TSE) is now focusing on improving production and profitability at the Joe Mann copper-gold mine, 38 miles south of Chibougamau, Que. The strate…
INSIDER TRADING — Aber executives active
Two senior officers of Aber Resources (TSE) exercised options and bought and sold shares in August. According to the Ontario Securities Commission’s OSC Bulletin, senior officer Robert Hindson exercis…
McLeese Lake back on track
The McLeese Lake open-pit copper mine in central British Columbia has resumed production. Owner Gibraltar Mines (TSE) closed the operation about 10 months ago in response to low copper prices. Over th…
Weather halts construction of Golden Bear leach pad
Heavy rains have forced North American Metals (VSE) to suspend construction of a heap-leach pad at its Golden Bear mine in northwestern British Columbia. North American Metals is 81.4% owned by Wheato…
Da Capo identifies Amayapampa tonnage
The proven and probable mineral resource for the Amayapampa mine in Bolivia is now estimated at 4.3 million tonnes grading 2.82 grams gold per tonne. Da Capo Resources (VSE), which is working to outli…
DIAMOND PAGE — Redaurum acquires Namibian prospect
Canadian diamond producer Redaurum (TSE) is set to acquire an alluvial diamond prospect on the Konkiep River in Namibia. The property is 25 km north of the prolific diamond region around the lower sec…
LETTER TO THE EDITOR — Peripheral players slow diamond play
The discovery of diamonds in the Northwest Territories, while old news in Canada, is virtually unheralded in the U.S. This development will change within a few weeks when Dia Met Minerals begins tradi…
OBITUARY — Stephen Evans
Geologist Stephen Evans has died at the veterans’ wing of Sunnybrook Hospital at Toronto. He worked in the mining industry for more than 45 years.
TORONTO STOCK EXCHANGE INDICES (October 03, 1994)
Sep 27 Sep 26 Sep 23 Sep 22 Sep 21 High Low Composite”300″4360.78 4341.42 4367.54 4362.65 4358.62 4609.93 3518.31 Metals&Minerals 4155.56 4167.28 4172.70 4136.99 4153.55 4270.14 3273.56 Integrated Min…
Eldorado boosts La Colorada reserves
The owners of La Colorada gold mine near Hermosillo, Mexico, report an operating rate of 25,000 oz. per year and an increase in minable resources to 305,000 oz. Eldorado (TSE) has a 70% interest in th…
Keylock samples Number 9 vein
Channel sampling on the Number 9 vein at the Gordon Lake property northeast of Yellowknife, N.W.T., continues to yield high-grade assays. Keylock Resources (ASE) reports that samples have run as high …