Drilling is under way at the Camsell Lake project in the Northwest Territories, with the first 1,000-ft. hole now half-completed. The hole was collared in kimberlite at a 45 angle and reportedly is st…
Brokers in the U.S. must now disclose to their customers any payments they make to market makers to execute the orders of customers. The Securities and Exchange Commission in Washington recently appro…
A new company is to be formed, combining some of the gold and lithium properties held by Wrightbar Mines (ME) and Charlim Resources (VSE). Wrightbar shares will be consolidated on a 2-for-1 basis, aft…
Having agreed to buy the Ridgeway mine near Columbia, S.C., Kinross Gold (TSE) is poised to generate 500,000 oz. gold and gold equivalent per year. It will acquire the mine by buying Kennecott Ridgewa…
ALUMINUM: MW U.S. market US78.5-79.5 cents per lb. (Sept. 22, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Sept. 30, 1994). BISMUTH: MW New York dealer US$3.90-4.30 per lb. (Sept. 30, 199…
Intense lobbying from mining companies and the impending end of the congressional session in the U.S. have sunk efforts to rewrite that country’s 122-year-old Mining Law. In late September, frustrated…
Consistent with its objective of becoming a pure silver company, Pan American Minerals (TSE) is acquiring two undeveloped silver properties in the U.S. from Asarco (NYSE). The principal property is th…
Three deals concerning gold concessions in Ghana have been struck among Mutual Resources (VSE), EQ Resources (CDN) and Opawica Explorations (TSE). Mutual can acquire EQ’s interest in Ghana-based SETO …
Gold-silver results are reported from a 17-hole program on Camnor Resources’ (VSE) Willoughby project, east of Stewart, B.C. The junior is earning a half interest in Willoughby by spending $600,000 on…
Drilling on Comaplex Mineral’s (TSE) 50% held Meliadine gold property, near Rankin Inlet, N.W.T., has been completed and results are pending. The 9,920-ft. program concentrated exclusively on the 4,60…
An 11-hole, 2,014-metre drill program has ended on the Diablillos project in northern Argentina. Owned and operated by Pacific Rim Mining (VSE), Diablillos is a 3,600-hectare epithermal gold-silver pr…
Vancouver-listed Pacific Falcon Resources is set to launch a drilling program in an effort to delineate the Guinaoang deposit on the Philippine island of Luzon. To date, 38 holes, totaling more than 3…
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