Adrian wins right to appeal
A recent ruling by the British Columbia Court of Appeal is expected to result in a quicker resolution of a claim dispute over the IKS 1 claim covering the TOK claim gap and a portion of the Eskay Cree…
News
Barrick hedges gold to 1999
Already one of the best-hedged gold miners in the business, American Barrick Resources (TSE) recently extended its safeguard against weak gold prices to the end of the century. Under a deal with banke…
U.S. REPORT — Imperial ups stake in Sterling with Cathedral
Several recent agreements set the stage for Imperial Metals (TSE) to increase its ownership of Cathedral Gold (TSE) and acquire a 10% direct interest in the producing Sterling gold mine in Nevada. Imp…
MINING IN MEXICO — PROJECT ROUNDUP — Campbell drills at San
A second phase of drilling is planned by Campbell Resources (TSE) at its San Luis gold property in Sonora, Mexico, following a 10-hole program representing 1,900 ft. of drilling. Initial drill results…
MINING IN MEXICO — A favorable geology helps nation prosper
Mexico is an eminent mining country with a tradition dating back more than 500 years to the pre-Columbian period. Throughout these years, Spain, Great Britain, France and the U.S. have at different ti…
MINING IN MEXICO — Minerals play an industrial role
The growth of Mexico’s mineral industry needs to be viewed within the context of the country’s industrial expansion and diversification. Mexico’s ambitious plans for industrialization have stimulated …
MINING IN MEXICO — PROJECT ROUNDUP — Minorca negotiates
An agreement to acquire 100% title to the Oro Verde copper-gold-silver property in Sonora, Mexico, was negotiated recently by Minorca Resources (VSE). The deal calls for Minorca to remit 175,000 share…
MINING IN MEXICO — PROJECT ROUNDUP — Aumex seeks venture
Looking for a partner to help explore three epithermal volcanogenic disseminated gold deposits east of Hermosillo in the Mexican state of Sonora is Aumex Mines S.A. de C.V., which is jointly controlle…
MINING IN MEXICO — PROJECT ROUNDUP — Corner Bay makes
A letter of intent to earn a 50% interest in the Washington copper property in Sonora, Mexico, was negotiated earlier this year by Corner Bay Minerals (TSE). The company agreed to provide the financin…
MINING IN MEXICO — Torres’ costs at US$245 per oz.
On completion of the takeover of International Corona, San Francisco-based Homestake Mining (NYSE) will inherit the 30% owned Torres Mining company in Mexico. Torres, which is operated by Industrias P…
MINING IN MEXICO — PROJECT ROUNDUP — Exall eyes Mexican
In taking over Mexican-based Cerro de Cobre, Exall Resources (TSE) will acquire options on three Mexican copper properties: Santo Tomas, Verde Grande and San Martin. Combined, the properties are estim…
MINING IN MEXICO — New governmment measures — Mexico opens
Mining has been a major activity in Mexico since prior to the discovery of America. In the past, many of the country’s cities grew and flourished because of mining booms. The industry’s importance is …