The annual summer doldrums are having a mixed effect on metals markets, with producers waiting out the holiday shutdown period and metal prices varying from strong to weak.Some speculators, who desert…
Denver-based Echo Bay Mines (TSE) has sold its entire equity interest in Muscocho Explorations (TSE).The senior sold 11.5 million shares privately at 25 cents each for proceeds of $2.9 million. The sh…
Grants have been allocated to 68 prospectors under the British Columbia government’s Prospectors’ Assistance program.The grants are part of the Explore B.C. program, announced in this year’s provincia…
By the end of August, Falconbridge expects to close the sale of its Lakefield Research division though a management buyout.Falconbridge President Frank Pickard says the company decided to sell the div…
Two Vancouver-listed juniors, Noront Resources and Golden Trump Resources, have signed a joint-venture agreement covering six claim blocks north of the Voisey Bay area of Labrador.Golden Trump can ear…
Field crews on the VBE-1 claim group in the Voisey Bay region of Labrador have turned up disseminated and bleb-type pyrite, pyrrhotite and chalcopyrite mineralization in anorthosite bedrock.Columbia Y…
Noranda Mining & Exploration, a unit of Noranda (TSE), has exercised its first right of opportunity concerning Yamana Resources’ (TSE) Santa Cruz project in southern Argentina.By exercising this right…
Although still subject to due diligence and regulatory approval, Teck (TSE) has agreed to provide $8.8 million in equity financing for the exploration and development of Lysander Gold’s (VSE) Passagem…
Wednesday, July 12Week’sPrice (US)ChangeGold*$385.85+$1.25Silver*$5.16+$0.09Platinum*$434.00$0.00Nickel**$3.95+$0.04Lead**$0.28$0.00Copper $1.45+$0.05Zinca$0.47+$0.01Co…
Toronto-listed Great Lakes Minerals has raised the necessary funds to construct its Lluvia de Oro gold mine in Mexico’s Sonora state, with startup scheduled for the first quarter of 1996.The company c…
Preliminary sampling results from the Choquelimpie exploration project in Northern Chile indicate grades of 6.98 grams gold and 50.54 grams silver per tonne, plus 0.9% copper.Northgate Exploration (TS…
The first round of drilling on two Timmins-area properties owned by Pentland Firth Ventures (TSE) has ended.The company drilled the Allerston and Wetmore properties, looking for vein systems comparabl…
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