Molybdenum sales projected to recover
After four years of declining demand for molybdenum, the outlook for the rest of the 1990s is brighter, with developing economies, particularly in Southeast Asia, likely to show the highest rate of gr…
News
MINING IN MEXICO — Geomaque developing San Francisco project
Aiming for a mid-1995 startup, Geomaque Exploration (TSE) is pushing ahead with predevelopment work at its San Francisco gold project in Sonora state. The work follows the completion of a positive pre…
MINING IN MEXICO — Exall seeks partners at Santo Tomas
Having completed a prefeasibility study on its Santo Tomas copper porphyry project in Sinaloa state, Exall Resources (TSE) is seeking partners to assist in development. “We’re currently having discuss…
MINING IN MEXICO — San Fernando prepares for major drill
Weather permitting, exploration and development drilling will soon begin at the San Fernando project in Durango state. Owner San Fernando Mining (VSE) expects to drill about 40,000 ft. in the upcoming…
MINING IN MEXICO — Placer Dome no stranger to Mexico
A new gold rush is on, not in the storied mines of the Klondike but south of the Rio Grande, in Mexico’s mineral-rich ground. Thanks to a dramatic liberalization of Mexico’s policies on the mining sec…
MINING IN MEXICO — Placer Dome focuses on Mulatos
Exploration and infill drilling are continuing at the Mulatos project in Mexico’s Sierra Madre mountains. Placer Dome (TSE) acquired the property from Minera Real de Angeles in May, 1993, for US$5 mil…
Major General evaluates Hammerdown gold deposit
A preliminary evaluation of the Hammerdown gold deposit in Newfoundland recommends underground trackless mining with shrinkage stoping. The deposit, which forms part of the Rendell-Jackman property, i…
Ramrod, Atlanta outline three targets
Reverse circulation drilling on the Atlanta property in southwest Idaho has outlined three areas of gold-silver mineralization. The targets — the Tahoma mine and the East Extension and Bascom zones -…
Cyprus options ground to juniors
In two separate agreements, Cyprus Canada has optioned more than 350 claims in northwestern Quebec to junior companies. East West Resource (VSE) can earn a half interest in a 164-claim property by spe…
Toronto Stock Exchange Indices (October 24, 1994)
— 1994 — Oct 18 Oct 17 Oct 14 Oct 13 Oct 12 High Low Composite”300″ 4315.96 4327.00 4332.42 4343.37 4355.03 4609.93 3518.31 Metals&Minerals 4169.37 4200.55 4186.99 4113.59 4118.10 4270.14 3273.56 In…
Arequipa drops San Jose play
Results from a 3,000-metre drilling program on the San Jose copper project in Peru have prompted Arequipa Resources (VSE) to drop the property. Although sporadic areas of high-grade oxide copper were …
NEWS IN BRIEF (October 17, 1994)
New Rio Resources (NRR: VSE) has changed its name to Southern Rio Resources (SNZ:VSE) on a sh-for-sh basis.