Of all the deserts in the world, the Atacama in northern Chile is the most desolate. Little or no measurable precipitation is recorded annually. There are vast stretches where not a single blade of ve…
A 2-hole, deep-drill program is under way on Beaufield Consolidated Resources’ (VSE) Mainstreet copper-zinc property in Louvicourt Twp., Que., project operator Aur Resources (TSE) reports. The aim of …
A second phase of drilling is expected to begin shortly on World Wide Minerals’ (TSE) Easter project in Nevada. The new program, designed to increase reserves, is a followup to a 21-hole program carri…
More than 500 scientists from 30 nations are expected to attend the Aug. 21-25 conference in Toronto hosted by the Metallurgical Society of the Canadian Institute of Mining, Metallurgy and Petroleum. …
A New York Mercantile Exchange (Nymex) seat sold recently for a record US$555,000. The futures exchange trades oil and gas and platinum and palladium contracts. Meanwhile, the Commodity Futures Tradin…
Partners SouthernEra Resources (TSE), Winspear Resources (VSE) and Adex Mining (TSE) plan to carry out a 2-3 tonne mini-bulk-sampling program on their newly discovered Nicholas Bay diamondiferous kimb…
Disappointing exploration results out of the Northwest Territories helped spur a continued slide in western markets. The Vancouver Stock Exchange resource index took it on the chin, plunging 121.73 po…
Despite higher-than-normal stainless mill demand, metal prices remain in their seasonal doldrums with only the rumor mills really active. There is massive speculation about 1994 Russian production lev…
Noranda Minerals, a U.S. subsidiary of Noranda (TSE), reports that an option held by Montanore Reserves to reacquire a 45% interest in the Montanore silver-copper project expired July 29. As a result,…
A new mill is being constructed at the Stillwater mine in Montana, which should double its yearly output of platinum and palladium by 1997. Owned by Stillwater Mining, which was originally a joint ven…
The search for minerals in South and Central America is by no means restricted to Canadian companies. Colorado-based Canyon Resources (NASDAQ) has exploration offices and staff in Argentina, Venezuela…
Shareholders of Royal Oak Mines (TSE) voted 95.7% in favor of the company’s revised takeover offer for Lac Minerals (TSE) at a special meeting here. Royal Oak is now offering, for each Lac share, the …
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