Jordex reviews Hushamu project
A team of independent specialists has completed a review of the Hushamu copper-gold project on northern Vancouver Island, B.C. The study was commissioned by Jordex Resources (TSE), which is earning a …
1993
Taylor Rand, Polyore to merge
Taylor Rand, an affiliate of Madison Grant Resources (CDN), has agreed to amalgamate with Polyore Capital (CDN). Taylor Rand and Polyore shareholders will be able to exchange their shares with the new…
METAL PRICES — FREE MARKET (August 09, 1993)
London Metal Exchange Spot closing prices in $US per tonne Date Aug. 3 Aug. 2 July 30 July 29 July 28 Copper 1946-1947 1960-1961 1971-1972 1960-1962 1954-1955 Lead 390-392 390-391 391-392 392-393 394-…
Low metal prices squeezing Highland Valley mine
With reserves of 632.9 million tonnes averaging 0.414% copper and 0.0068% molybdenum yet to be mined, the huge Highland Valley copper mine near this interior community has about 15 more years to look …
NEWS ROUNDUP — Trev announces drill program
Drilling funded by Cameco (TSE) will test a high-grade gold discovery made by Trev (ASE) on its Cornice Mountain project near Stewart, B.C. The project is 15 km from Lac Minerals (TSE) Red Mountain go…
Int’l Curator teams with Coeur d’Alene
New York-listed Coeur d’Alene Mines stands to benefit from a combined share purchase and property agreement with International Curator (VSE). Coeur d’Alene will receive a 66.7% interest in the Jualin …
NEWS ROUNDUP — Goldpost to merge with Antares
A publicly traded company, to be known as Antares Mining & Exploration, will be formed through the amalgamation of Goldpost Resources (TSE) and privately owned Antares Mining & Exploration. Under the …
EDITORIAL PAGE — This site condemned
Ontario’s Workers’ Compensation Board (WCB) is in the midst of erecting a $178-million Taj Mahal in downtown Toronto. At first blush, this might seem a bit odd. For it was the WCB that, only a few mon…
X-Cal options Nevada lease near Gold Spar
Toronto-listed X-Cal Resources is expected to acquire a privately owned 1,500-acre mineral lease next to its Gold Spar property on the Battle Mountain gold trend in Nevada. To do so, it will pay the M…
INSIDER TRADING — Two Madeleine officers sell shares in
Two officers of Madeleine Mines (TSE) (now called North American Palladium) exercised options and sold shares in June. According to the Ontario Securities Commission’s OSC Bulletin, officer Peter Blun…
Cazador, Granduc plan merger
A planned merger between Cazador Explorations (VSE) and Granduc Mines (TSE) should go a long way toward raising the required financing to bring the Keystone gold project into production. Cazador can e…
Formation drilling at Black Pine
With an initial phase of drilling now complete, Formation Capital (VSE) recently began a second phase at its Black Pine property near Salmon, Idaho. It has also staked additional claims surrounding th…