Central Fund of Canada has sold 1,275,000 special warrants at $6.13 per special warrant. The issue raised $7.8 million. Each special warrant entitles the holder to receive a Class A share of Central F…
Drilling is to begin shortly on the Odemira polymetallic project in southern Portugal, reports owner Cercal Minerals (ASE). The 4,000-5,000-metre program will test eight gravity anomalies inferred to …
Until a couple of decades ago, terms such as “ecology,” “pollution,” “environmental protection” and “reforestation” were seldom heard in the Mexican mining industry. Today, they are not only heard eve…
Two Montreal-listed companies, Spirit Lake and Chesbar Resources, plan immediately to explore their newly acquired La Salle concession in the Anacoco area of Venezuela. The option (30% for each compan…
Calgary-based Gold City Resources (ASE) has optioned 450 claim units in southern British Columbia from a private Alberta company in return for the issuance of shares. Exploration on the 25,000-acre pr…
Shareholders have approved the sale of Goldpost Resources’ (TSE) gold properties in northern Ontario to St Andrew Goldfields (TSE). The three contiguous properties — Hislop East, Holcorp and Valliere…
The Chilean mining industry benefited from about US$1.5 billion in foreign investment in 1992, according to the Chile Copper Commission. Projects with major investments included Cominco’s Quebrada Bla…
The price of nickel has dropped to US$2.54 per lb. (compared with US$2.61 at the end May) following a sudden decrease in London Metal Exchange (LME) inventories to 90,492 tonnes (95,274 at the end of …
Toronto-listed Dayton Mining continues to search for proposals or offers for its Andacollo project in central Chile. A funding arrangement with a Malaysian group collapsed earlier this year and the co…
— Week — Jun 29 Jun 28 Jun 25 Jun 24 Jun 23 High Low Composite “300” 3935.74 3922.43 3906.94 3903.71 3892.42 3935.74 3881.22 Metals & Minls 2997.82 3000.97 2977.30 2935.19 2919.18 3003.53 2899.89 In…
Toronto-listed Princeton Mining is considering joint-venturing a portion of its interest in the Rio Lluta project near Arica in northern Chile. The company drilled 11 rotary holes, intersecting what i…
In its annual review, Falconbridge describes the Collahuasi copper project in northern Chile as the biggest exploration story of 1992. The bold statement illustrates just how important Chile has becom…
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