Southern Pacific stakes Mexican copper
Southern Pacific Copper (VSE) has acquired the Toliman porphyry copper prospect in Mexico’s Chiapas state. It acquired the 3,600-hectare concession by staking after it was released from the federal re…
News
Starcore exploring platinum project
Drilling is expected to begin later this summer on the Goodnews Bay platinum project 420 miles southwest of Anchorage, Alaska. The program will be managed by Starcore Resources (VSE), a Murray Pezim-c…
Ft. MacKay deal nixed by Lac and Tintina
Three TSE-listed companies — Lac Minerals, Tintina Mines and NSR Resources — have ceased negotiations to pool land and jointly develop a gold exploration program in the Fort MacKay area of northeast…
STOCK MARKETS — TSE buoyant as metals continue rally
A larger-than-expected drop in the Bank of Canada key rate, coupled with a rise in the Canadian dollar, helped the TSE 300 index continue its mid-summer rally. On July 19, the TSE 300 index jumped 58….
STOCK MARKETS — De Beers-Yamba Lake deal stirs up western
Although strength in bond and currency markets managed to help major eastern indexes, western markets continued to track down over the report period ended July 19. The Vancouver Stock Exchange resourc…
Cameco pushes ahead with second gold mine
Concrete will start pouring later this month on the foundation of Cameco’s (TSE) second gold mill in northern Saskatchewan. Situated in La Ronge Provincial Park, a popular canoeing and fishing area, t…
METALS PRICES — FREE MARKET (July 25, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date July 19 July 18 July 15 July 14 July 13 Copper 2473-2474 2453.5-2454.5 2470.5-2471.5 2466.5-2467.5 2229-2230 Lead 595.5-596.5 592.5-593….
Miramar mining streamlines Con mine
By world standards, the Con mine is a premier orebody, having produced more than 4.7 million oz. gold since its startup in the 1930s. The property, situated just south of here, was first staked by Com…
Further Meliadine drilling planned
A second phase of drilling on the Meliadine project near Rankin Inlet, N.W.T., is expected to get under way shortly. Partners Comaplex Minerals (TSE) and Cumberland Resources (VSE) recently completed …
Skip slips at Inco mine
An ore-hoisting device known as a skip has plummeted to the bottom of the main T-1 mine shaft in Thompson, Man. No one was injured, according to a report by Inco (TSE), as the incident occurred July 1…
Waddy awaiting sample results
Results of Waddy Lake Resources’ (TSE) evaluation of its Komis deposit at La Ronge, Sask., should be available by the end of July, as sample concentrate undergoes the last phase of testing. The $5.6-m…
THE LATIN BEAT — Peruvian Gold expands ground
Encouraging preliminary results from exploration of the Mont Dor leases in southern Peru have prompted Peruvian Gold to apply for a further 13,000 hectares in the area. The company’s current lease are…