Shareholders of Quebec dolomite producer Dolobec have approved the sale of their company to Dufresnoy, Societe d’exploration miniere (ME) for $1.1 million. Dufresnoy intends to finance the acquisition…
A resource of 4.8 million oz. gold has been outlined by Placer Dome (TSE) within one of seven mineralized areas on its 70%-owned Las Cristinas property in Venezuela. The magnitude of this partial reso…
Forecast zinc concentrate output this year from the mines of Noranda (TSE) has been reduced by more than was previously announced. A reduction of 90,000, rather than 70,000, tonnes is now expected. Th…
A second phase of drilling at the Black Pine property of Formation Capital (VSE) has extended the known strike length of possibly connected mineralized zones to more than 4,000 ft., compared with the …
Junior gold miner Golden Star Resources (TSE) has begun trading on the American Stock Exchange. The company, which recently moved to Denver, Colo., is mining and exploring for gold in the Guiana Shiel…
Calgary-based junior Comstate Resources (TSE) has made a bid to buy all the issued and outstanding shares of Comaplex Resources (TSE). The Schaffhauser Kantonalbank of Switzerland and three directors …
A mineralized zone of titanium and phosphate has been uncovered in the Baie Comeau area of Quebec’s North Shore, Gaspesie, Societe d’explorations petroliere et miniere (ME) reports. The mineralization…
ALUMINUM: MW U.S. market US53.50-54.25 cents per lb. (Sept. 9, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.60 per lb. (Sept. 9, 199…
In the first of what may be several bidding wars on separate Chilean mining projects, Codelco is reviewing nine submissions on the giant El Abra project. The first to be made public was the bid by Lac…
Junior gold miner Wheaton River Minerals (TSE) plans to issue a private placement of 500,000 units at $1.58 each to raise $790,000. Each unit will consist of one common share and one warrant. Each war…
A hole drilled on Flag Resources’ (ASE) Wanapitei property, northeast of Sudbury, Ont., has intersected 166.4 ft. of mineralized breccia. The 200-ft. hole, drilled to test an induced polarization anom…
So far this year, Fairfield Minerals (TSE) has produced more than 6,000 oz. gold and 5,500 oz. silver from test mining on its Siwash North gold deposit near Merritt, in southern British Columbia. The …
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