Exodus to Latin America
Most major mining companies in North America are now active in Latin America and are being rapidly followed by the middle- and junior-tier companies, according to a private research firm based in Denv…
1991
Aur intersects stringer zone on Jonpol’s Dalquier claims
Aur Resources (TSE) recently intersected a broad zone of stringer copper mineralization while drilling for extensions of known zones, on Jonpol Explorations’ (TSE) Dalquier Twp. claims, five kilometre…
U.S. REPORT NEWS IN BRIEF Construction starts at Flambeau
Construction is under way at Kennecott’s Flambeau copper deposit in Wisconsin. Flambeau Mining, a Kennecott subsidiary, will build a settling pond and water treatment plant before entering into produc…
U.S. REPORT NEWS IN BRIEF Hecla, CoCa complete merger
The previously announced merger between Hecla Mining (NYSE) and CoCa Mines (NASDAQ) is now complete following the approval of the two company’s shareholders. Each common share of CoCa common stock is …
PRODUCER PRICES (July 22, 1991)
ALUMINUM: MW U.S. Market US60-61 cents per lb. (Jul. 2, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$3.05-3.15 per lb. (Jun. 27, 1991). CADMIUM: …
EDITORIAL PAGE Guest Column – Mining is engine that drives
The health of our economy in the north has been and will continue to be directly related to the number of mines and processing facilities in the area. The city fathers of Timmins, Ont., have recognize…
NEWS IN BRIEF Val D’Or Resources Inc.
Val D’Or Resources Inc. (VRE:ME) has changed its name to Consolidated Val D’Or Resources Inc. (CVI:ME) with a consolidation of capital on a 1-new-for-15-old-share basis.
Aurizon options Hoblitzell claims
Having recently obtained the right to earn a 60% stake in Hoblitzell Twp. claims held jointly by Golden Dragon Resources (VSE) and Glen Auden Resources (TSE), Aurizon Mines (TSE) is preparing to start…
Spirit Lake spends $1 million working Edwards prospect
Toronto-based Spirit Lake Explorations (TSE) will conduct surface drilling and underground bulk-sampling work this summer at its high-grade gold project east of Wawa, Ont., according to a recent finan…
Van Ollie raises exploration funds
Marchment & MacKay, underwriter for Van Ollie Explorations (CDN), has exercised a compensation option to purchase 1.36 million common shares of Van Ollie at 13 cents per share. The option was granted …
NEWS IN BRIEF Pacific proposes warrant issue
Pacific Metals (ASE) has proposed a private placement of 1.4 million special warrants at a price of $1 to replace a previously announced common share placement. Each warrant will be exchangeable into…
U.S. REPORT Cochise exposes vein on level two at Golden Rule
Operators at the Golden Rule prospect in Arizona have exposed the property’s main vein on the second level. Cochise Resources (ASE) says that although grade along the 270-ft. drift exposure is varia…