Moneta buys two U.S. gold properties
Timmins, Ont.-based Moneta Porcupine Mines (TSE) has agreed to acquire Wounded Bull Resources, a wholly owned subsidiary of Australian-based Pima Mining. Wounded Bull owns two gold properties in the U…
1994
EDITORIAL PAGE — African opportunity
In South America, Chile played a leading role in attracting foreign mining companies, being the first to pass new laws which paved the way for foreign companies to explore for and develop mineral depo…
JUNIOR MINING SPECIAL — Molybdenum projected to recover
After four years of declining demand for molybdenum, the outlook for the rest of the 1990s is brighter for the metal, with developing economies, particularly in South East Asia, likely to show the hig…
Metall evaluates assets
In recent months, Metall Mining (TSE) has been re-evaluating its key holdings in light of a possible sale of its shares by parent company Metallgesellschaft (MG). And while an announcement on the sale…
METAL PRICES — FREE MARKET (May 30, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date May 24 May 23 May 20 May 19 May 18 Copper 2296-2298 2278-2280 2223-2224 2246-2123 2202-2203 Lead 486.5-487.5 484.5-485.5 477-478 475-477…
Orleans starts study of wollastonite play
A feasibility study has been commissioned for Orleans Resources’ (ME) St. Onge Twp. wollastonite property near Lac St. Jean, Que. The decision was made following the release of a prefeasibility study …
LAST BUT NOT LEAST — Northern Crown sizes Guadalupe
Having drilled a total of 4,618 metres in 53 holes, Northern Crown Mines (VSE) estimates the geological resource of its Guadalupe property in Mexico to be 4.75 million tonnes grading 1.53 grams gold p…
Int’l Platinum shares halted, independent consultant hired
Toronto-listed International Platinum (IPC) has hired the U.S. geological and engineering firm of Behre Dolbear & Company as its independent technical consultant. Behre Dolbears’ initial assignment is…
STOCK MARKETS — TSE listless despite gold, base metals
Last week’s gains in base metals prices continued, but these were outshone by gains made by precious metals. Commodity prices, however, had little effect on the Toronto Exchange Stock composite 300 in…
JUNIOR MINING SPECIAL — Caledonia makes application for
Toronto-listed Caledonia Mining has applied for three prospecting licences in Zambia covering a total area of 2,930 sq. km. The largest licence, the Kadola, covers more than 2,250 sq. km and is prospe…
Northfield drilling to expand Cheminis reserves
In a quest to augment and upgrade gold reserves, Northfield Minerals (TSE) has embarked on a major program at its Cheminis mine near Larder Lake, Ont. The program, estimated to cost more than $1 milli…
Vengold shareholders await results
The annual meeting of Venezuelan Goldfields (TSE) was a low-key affair, with little news conveyed about the junior’s properties in Venezuela’s Kilometre 88 district. So far, 20 holes have been drilled…