In recent drilling at the Cripple Creek property west of Timmins, Ont., Hemlo Gold Mines (TSE) turned up gold mineralization in an unexplored area. According to joint-venture partner Gowest Amalgamate…
Montreal-based Louvem Mines (TSE) has optioned 102 claims northeast of Val d’Or, Que., from privately owned Gestion GMS and two other parties. The junior can earn a 50% interest in the claims by spend…
Some years ago, the mining fraternity viewed with trepidation the settling of any land claim between government and aboriginal groups. The industry worried that each such agreement would mean yet anot…
Among the mining companies scrambling for land positions in Cuba are several new players, the latest being Caribgold Mines. The Barbados-based private company is headed by David Bell, well-known consu…
ALUMINUM: MW U.S. market US55.75-56.75 cents per lb. (Aug. 12, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 199…
* Cuba has a population of about 11 million and a total land mass of 110,922 sq. km. It comprises the Island of Cuba (the largest in the Caribbean), the Isle of Youth and 1,600 keys and tiny islands. …
At its annual meeting in Toronto, growing gold producer Greenstone Resources (TSE) introduced its new management team. Presenting themselves to shareholders were Chairman Hugh Snyder and President Pet…
Reconnaissance work in Peru has led to the discovery of a large gold-copper-bearing porphyry zone outside and to the east of the Rio Oro property. Altai Resources (TSE) says the zone has a visible len…
By paying US$5 million, Franco-Nevada Mining (TSE) and Euro-Nevada Mining (TSE) have jointly acquired a 4-9% net smelter return on the Dee mine and 5,000 surrounding acres in northern Nevada. The roya…
Ontario may soon have its first gold mine since 1989. A $12-million underground exploration program at the Holloway project, 60 km east of here, is nearing completion. And partners Hemlo Gold Mines (T…
By acquiring mining and smelting assets, Metall Mining (TSE) plans to establish itself further as a major, integrated copper producer. President Klaus Zeitler says the company is considering acquiring…
Having read the editorial “Silence is not golden” (T.N.M., Aug. 16/93) which referred to ongoing diamond exploration, I, as a highly successful mine-making prospector, offer the following advice. Init…
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