Boart amalgamates Canadian holdings
South African-based Boart International has amalgamated three Canadian companies: Boart Canada, Longyear Canada and N. Morrissette. Boart Canada, with head offices in Mississauga and Lively, Ont., ser…
News
LETTERS TO THE EDITOR — Requiem for a mining legend
Recently, I had to say goodbye to a good friend whose untimely death shocked everyone who knew him. He was a true entrepreneur who had the courage and foresight to expand his business during recession…
Cache, MSV set to acquire Inner Block
Partners Cache Explorations (ME) and MSV Resources (TSE) can acquire the Inner Block property, currently owned 70% by Corner Bay Minerals (TSE) and 30% by Quebec Crown corporation Societe Quebecoise d…
LAST BUT NOT LEAST — Nora, Fairstar buy Ghana gold play
Two Montreal-listed juniors — Fairstar Explorations and Nora Exploration — are acquiring a gold concession in Ghana, West Africa. The 150-sq.-km Benso prospect is on the eastern side of the Ashanti …
Gibraltar advancing Mt. Polley deposit
Copper producer Gibraltar Mines (TSE) is continuing to evaluate the Mount Polley copper-gold deposit near Williams Lake, B.C., under a joint-venture agreement with owner Imperial Metals (TSE). The goa…
Thunderwood, partner explore near Raglan
TSE-listed Thunderwood Resources and CDN-listed First Canadian Gold have begun a $250,000 program of ground magnetics and drilling on the Lac Long nickel-copper property in northern Quebec. Lac Long c…
NEWS ROUNDUP — Construction begins at Andacollo
Construction of the Andacollo gold project is under way in central Chile, reports owner Dayton Mining (TSE). The open-pit operation, being built by Bechtel Corp. on a fixed-cost basis, is expected to …
PEOPLE — TOPAZ (August 01, 1994)
Donald Foran and S. Gilmour appointed directors.
Spot prices at a glance (August 01, 1994)
Week’s Price (US) Change Gold* $387.00 + $0.60 Silver* $ 5.32 $0.00 Platinum* $423.00 + $9.15 Nickel** $ 2.77 – $0.12 Lead** $ 0.26 – $0.01 Copper $ 1.09 – $0.07 Zinc $ 0.43 – $0.02 Courtesy of Scotia…
Feasibility study for Bolivian project
By late August, results are expected from a preliminary feasibility study of the Amayapampa and Capa Circa gold properties in Bolivia. Da Capo Resources (VSE) retained Kilborn Engineering to calculate…
EDITORIAL PAGE — Stay tuned
The week has been full of surprises in the bidding war over Lac Minerals. Just as the precocious upstart, Royal Oak Mines, which originally put the Lac ball into play, seemed to be winning over frustr…
Denison plans restructuring
As a first step toward restructuring, Denison Mines has reached an agreement with the federal and Ontario governments, corporate lenders, the Canadian Mortgage and Housing Corp. (CMHC) and the Ontario…