News



New mineralization found at LaRonde mine

Drilling has expanded the size of the mineralized zone at the LaRonde mine, 55 km west of Val d’Or, Que., and owner Agnico-Eagle Mines (TSE) is optimistic about increasing the reserves.Drill holes adv…


Producer Prices (December 11, 1995)

ALUMINUM: MW U.S. market US77 cents-78 cents per lb. (Nov. 24, 1995).ANTIMONY: MW New York dealer US$2.20-2.40 per lb. (Nov. 24, 1995).BISMUTH: MW New York dealer US$4.00-4.30 per lb. (Nov. 24, 1995)….



Western Mining teams up with Argentina Gold

A subsidiary of Western Mining of Australia can acquire a 60% interest in three of the Argentine properties of Argentina Gold (VSE).In return for the option, Western has paid the vendor US$3 million a…


Arequipa finds gold in Peru

Arequipa Resources (TSE) has identified several gold prospects along an 80-km-long, structurally controlled belt of rocks in northern Peru.The Vancouver-based junior is following up the discoveries wi…


Cominco options Percy base metal properties

Two companies active in north-central Ontario, Avalon Ventures (VSE) and Starcore Resources (VSE), have optioned their adjoining base metal properties to Cominco (TSE).The agreement, which is not yet …


Santa Cruz Gold raises $3 million

CDN-listed Santa Cruz Gold has completed a private placement of 6 million special warrants priced at 50 cents each.A special warrant is exchangeable for one unit consisting of one common share and hal…


Stellar firms up nickel acquisition

Junior Stellar Gold (VSE) is going ahead with its planned acquisition of a laterite nickel deposit in the Philippines.To acquire the Palawan project, Stellar, which has 4.8 million shares outstanding,…


EDITORIAL PAGE — A heritage river runs through it

Several promising mineral projects have been aborted as a result of wrangling between environmental groups and mining interests. The Yukon’s Bonnet Plume region was poised to become yet another casual…


Franco-Nevada to own Redstone

Royalty company Franco-Nevada Mining (TSE) wants to acquire all of the common shares of Redstone Resources (TSE) that it does not already own.Franco has offered Redstone shareholders one Franco-Nevada…


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