Mutual busy in Ghana
Three deals concerning gold concessions in Ghana have been struck among Mutual Resources (VSE), EQ Resources (CDN) and Opawica Explorations (TSE). Mutual can acquire EQ’s interest in Ghana-based SETO …
News
Camnor drilling at Willoughby
Gold-silver results are reported from a 17-hole program on Camnor Resources’ (VSE) Willoughby project, east of Stewart, B.C. The junior is earning a half interest in Willoughby by spending $600,000 on…
Steel consumption expected to approach record levels
World consumption of steel products will approach record levels in 1995 despite massive downturns in the restructuring economies of eastern Europe and the Commonwealth of Independent States (CIS). Spe…
Cominco Res. encouraged by Saray property results
At the Saray property in northeastern Turkey, Cominco Resources International (TSE) has intersected gold values that support recent trench sampling. The property, 5 km from the Black Sea, near the tow…
EDITORIAL PAGE — The battle for public support
The recent signing of the Whitehorse Mining Initiative Leadership Accord was viewed as a major achievement by the mining industry — the start of a process to solve problems through dialogue, with env…
TSE SHORTS (October 03, 1994)
Semi-monthly reports as of Aug 31, 1994 showed 283,177,227 shares of 904 issues compared with 256,689,980 shares of 902 issues on Aug 15, 1994. Larger individual positions included: Aber 112,700, down…
NEWS IN BRIEF (October 03, 1994)
PIC Prospectors International (PIK:VSE) has changed its name to Starx Resource (SXX:VSE) on a 1-new-for-4-old-share basis.
Juniors convert their royalties
Two juniors have entered into agreements with Placer Dome (TSE) related to royalties on a property in Quebec’s Bourlamaque Twp. Placer recently acquired the property, which adjoins its Sigma gold mine…
Triton boosts reserves at Nicaraguan mine
Toronto-listed Triton Mining has announced a 58% increase in reserves at the Limon gold mine in Nicaragua. Proven and probable minable reserves have risen to 375,700 oz. from 238,000 oz. and are deriv…
La Teko drill programs on track at True North
Drilling continues on the True North deposit near here amid a blaze of autumn colors. With 190 reverse circulation drill holes now complete, La Teko Resources (NASDAQ) estimates the project’s proven a…
Las Cristinas gold resource on the rise
The mineral resource at the Las Cristinas gold property in southeastern Venezuela has risen to 8.6 million from 7.7 million oz. A feasibility study by 70%-owner Placer Dome (TSE) is due for completion…
PEOPLE — AMERICAN GEM (October 03, 1994)
Robert Kane appointed vice-president and director of gemology and international exploration; Londell Faught appointed vice-president and chief financial officer; and Edward Mihelich appointed vice-pre…