1993


Charlim options Wrightbar prospect

An option agreement allows Charlim Explorations (VSE) to earn a half interest in Wrightbar Mines’ (ME) gold property in northwestern Quebec. Charlim must spend $500,000 during each of the next four ye…



Ramrod options Elmore property

An option deal with Consolidated Ramrod Gold (TSE) will provide funds for further work on the Elmore property of Atlanta Gold (TSE). Ramrod can earn a 51% interest in the Idaho property by spending US…


PRODUCER PRICES (November 22, 1993)

ALUMINUM: MW U.S. market US49.5-50.5 cents per lb. (Nov. 11, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 1993…


Mexican potential attracts Europeans

Of the three countries that constitute the proposed North American Free Trade Agreement (NAFTA), Mexico has the best potential for European investment, according to the third Europe Business Monitor s…



METAL PRICES — FREE MARKET (November 22, 1993)

London Metal Exchange Spot closing prices in $US per tonne Date Nov. 16 Nov. 15 Nov. 12 Nov. 11 Nov. 10 Copper 1618-1619 1638-1639 1643-1644 1643-1644 1651-1652 Lead 399-400 400-401 396-397 396-397 39…


Granduc reviews mill expansion

Granduc Mines and Cazador Explorations have merged to form Granduc Mining (TSE) and the new entity is looking to expand its Keystone gold project in Manitoba. Granduc is earning a 50% interest in the …


Canuc completes new rights offering

A rights offering has netted Canuc Resources (CDN) about $510,000. The capital infusion will, once again, enable Canuc to explore for minerals. The company is currently evaluating two gold properties …



Roca Roja operating Mexican heap-leach property

The wholly-owned Mexican subsidiary of Walhalla Mining of Australia officially opened, in mid-November, its Amelia heap-leach gold mine in the hills of northern Sonora state. Minera Roca Roja was plan…


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