Teck (TEK-T) has agreed to invest $4.1 million in Ventures Resource (VRS-V) for the exploration of the junior’s Veta property in Alaska.The investment gives Teck the right to select and earn a 60% int…
Aluminium: LME settlements US$1,581.50, alloy US$1,447 per tonne (Nov.25/97).Antimony: Representative mid-market US$1,675 per tonne (Nov. 25/97).Bismuth: Representative mid-market US$3.35 per lb. (Nov…
San Manuel, Ariz. — AMT International Mining (AAI-T) has fulfilled its obligation to earn a half interest in the Copper Creek project of Broken Hill Proprietary (BHP-N) and is waiting for the Austral…
Auckland, New Zealand — Exploration and mining are welcome in New Zealand as long as companies are prepared to meet high environmental standards and be good corporate citizens, government officials t…
Northern Quebec is certainly no stranger to mineral exploration, but, unlike many companies active there, Virginia Gold Mines (VIA-M) has chosen to focus on previously unworked territory.The junior ho…
Niocan (NIO-M)has added the mineral rights of the closed St. Lawrence Columbium & Metals mine to its 970-acre niobium prospect near Oka, west of Montreal, Que.The newly added claims, which total 630 a…
A new company, Pyx Mining, has been formed through the combination of Rayrock Yellowknife Resources (RAY-T), Minera Rayrock (MRN-T) and Inter-Rock Gold (IRO-T).Under the terms of the proposal, Rayrock…
The board of directors of Westmin Resources (WMI-T) has determined that an unsolicited $593-million takeover bid by Boliden (BOL.IR-T) is “inadequate and not in the shareholders’ best interests.”Bolid…
Junior Argosy Mining (AGO-V) continues to expand reserves at Kremnica, a former gold and silver producer in central Slovakia.The project comprises 28 sq. km in the Kremnica epithermal district, about …
Exploration work at grassroots and advanced-stage exploration and development projects in Turkey and Brazil is returning heartening results for Eldorado Gold (ELD-T).The company recently discovered go…
Toronto-based junior Tiomin Resources (TIO-T) has increased by 54% its reserve estimate at the Kwale heavy mineral sands project in Kenya.The project’s three deposits are now estimated to host 200 mil…
A polymetallic deposit at Sisson Brook, N.B., is now in the hands of Freegrant Silver, a privately owned New Brunswick-based firm.The property, situated 30 km north of Fredericton, was drilled in the …
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