News

Sun shines brightly over Pirquitas silver play

In northwestern Argentina, Sunshine Mining & Refining (SSC-N) will double its efforts at the Pirquitas silver deposit for the second half of the year.The company spent US$1.3 million on drilling, assa…


EDITORIAL PAGE — Business as usual

The British Columbia Treaty Commission has criticized the provincial government for not upholding a commitment to “protect” land from resource development while native claims are being negotiated. Thi…


Breakwater completes Nanisivik purchase

Breakwater Resources (BWR-T) has completed the purchase of Nanisivik Mines from Alberta Energy. Nanisivik’s most significant asset is its namesake zinc mine, which produced 108 million lb. in 1995. Th…


Southern Peru cuts ribbon on new plant

Southern Peru Copper (PCU-N) has opened a solvent extraction-electrowinning plant near the town of Toquepala in southern Peru.The plant, which was constructed at a cost of US$103 million, represents t…




PEOPLE — SUMMEX

Lawrence Page appointed director and Murray Pezim appointed chairman.



NEWS IN BRIEF (July 15, 1996)

Consolidated Madison Holdings (KAD-V) and Future Avenir (FAVC.A-V) (FAVC.B-V) have amalgamated to form Ourominas Minerals (OMI-V). Consolidated Madison shareholders receive 0.6 new shares for one old …



Young-Shannon funds program

Armed with funds from a private placement, Young-Shannon Gold Mines (YSG-V) intends to carry out surface and underground development work at its claim block in Chester Twp., near Timmins, Ont.Diamond …


NDT Ventures drills near Nain

Drills are now turning on the outskirts of Nain, Labrador.The first of 15 holes to be drilled by NDT Ventures (NDE-V) on its Project 44 joint venture with Takla Star Resources (TKR-A) was started last…


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