Base metal miner Cominco (TSE) has optioned the Swan and Rap lead-zinc properties in the Omineca region of northeastern British Columbia from Stratabound Minerals (ASE). Cominco can earn an initial 51…
After several lengthy appeals, the Supreme Court of Canada has finally granted Exroy Resources (CDN) full title to 43 claims in the Ungava nickel-copper belt in northern Quebec. The decision enables t…
Calgary-based junior Tanqueray Resources (ASE) has acquired an option to buy the Frenier perlite mine in central British Columbia. The mine, near Clinton, has proven reserves of more than 450,000 tonn…
Toronto-listed Noranda has converted 16.3 million Series C preferred shares (92% of the total series) into common shares. Each convertible preferred share is equivalent to 1.15 common shares. As a res…
A pair of juniors have joined forces to develop and mine the Tyranite orebody at Gowganda, Ont. Under a 50-50 joint venture, Mill City Gold Mining (ASE) and Tyranex Gold (CDN) plan to drive further no…
Geological detective work has led Platinova A/S (TSE) to a large zone of zinc-rich massive sulphides in previously unexplored terrain on the northeast coast of Greenland. By following favorable strati…
A consortium headed by German firm Mannesmann Demag has won the bid to build and operate a ferrochrome plant in Tracy, Que., for Ressources Minieres Coleraine (ME). Demag is the world’s leading manufa…
Zinc mine capacity has risen so high that a “structural” surplus now exists, according to Metals and Minerals Research Services (MMRS). The English firm goes on to say that the market will regain its …
Junior company Bridger Resources (VSE) is proceeding with an action for damages, which involves allegations of breach of contract against Teck (TSE). Bridger alleges the parties reached an agreement u…
ALUMINUM: MW U.S. market US53.50-54.50 cents per lb. (June 17, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 199…
Vancouver junior Glamis Gold (TSE) has completed underwriting for the issue of two million special warrants worth $11.2 million. Each special warrant entitles the holder to receive one common share of…
Partners Placer Dome (TSE) and TVX Gold (TSE) are planning to spend $1 million on exploration this year to delineate additional reserves at La Coipa mine in northern Chile. Exploration will focus on t…
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