Provided funding can be arranged, Aquaterre Mineral Development (VSE) plans to spend $1.8 million on its properties near Stewart, B.C., in 1995. The bulk of the funds are earmarked for the Georgia Riv…
With a feasibility study wrapped up, Cyprus Amax Minerals (NYSE) is seeking almost US$1 billion to develop the Chilean copper project known as El Abra. The company is seeking a loan of $US700 million …
When the Helen mine at Wawa, Ont., first underwent an underground stope development program, a series of diamond drill holes was required to locate the F.W. contact over a rather large area. Using the…
Management of Corner Bay Minerals (TSE) has received encouraging results from two separate joint ventures near Chibougamau, Que. On the Group 1 “Inner Block” property, where copper reserves have been …
Buying out-of-favor stocks is seen by many as a good way of following the first part of the buy-low/sell-high rule. Yorkton Securities sees value in Queenstake Resources (TSE), which recently traded a…
CDN-listed Birim Goldfields has expanded its Dunkwa prospecting licence in Ghana to more than 130 from 50 sq. km. The property lies between the Ashanti Goldfields gold mine and Gencor’s Bogosu gold mi…
Nova Scotia’s natural resources ministry has given the green light to a surface coal-mining operation at the former Wimpey pit in Pictou Cty. The project, proposed by Pioneer Coal, was approved subjec…
The discovery, in recent years, of the Centenario gold deposit “has been one of the outstanding events” for the mining industry of the Caribbean island of Hispaniola, writes correspondent Gerald Ellis…
Junior Claimstaker Resources (VSE) has re-opened the underground workings at the Alwin copper mine, southwest of Kamloops, B.C. Exploration work will consist of driving a raise to surface from the exi…
London Metal Exchange Spot closing prices in $US per tonne Date Jan. 17 Jan. 16 Jan. 13 Jan. 12 Jan. 11 Copper 2973-2976 2983-2985 3028.5-3029.5 3013-3014 3009-3010 Lead 645-646 653-654 669.5-670.5 64…
Week’s Price (US) Change Gold* $382.00 + $7.00 Silver* $4.90 + $0.22 Platinum* $418.25 + $8.75 Nickel** $4.46 + $0.19 Lead** $0.30 $0.00 Copper $1.38 + $0.01 Zinc $0.54 + $0.02 Courtesy of Scotiabank….
Regulators are expected to approve Noront Resources’ (TSE) acquisition of 15 claims northwest of Bathurst, N.B. The property adjoins ground held by Hendricks Minerals Canada (CDN), on which sulphide-r…
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