News




Results encourage Rio Narcea Gold

Gold mineralization continues to be intersected at Rio Narcea Gold Mines’ (TSE) El Valle and Boinas projects in northern Spain. A fourth phase of stepout drilling on Boinas intersected a new zone of m…


Arequipa adds to treasury

A special warrant financing has raised $2.1 million for Arequipa Resources (VSE). The warrants were issued at 75 cents each and are convertible, at no extra cost, into one additional common share. The…


Good values at Gilt Edge mine

The final hole drilled by Dakota Mining (TSE) at its Gilt Edge gold mine near Deadwood, South Dakota, has resulted in some encouraging values. The longest and highest-grade intercept averaged 0.67 oz….


William to buy interest in Velardena

A wholly owned subsidiary of William Resources (TSE), Bharti-Lammanen, has signed a share purchase agreement allowing the company to buy a 40% interest in BLM Minera Mexican from Minorca Resources (VS…


PRODUCER PRICES (February 06, 1995)

ALUMINUM: MW U.S. market US97.5 cents-98.5 per lb. (Jan. 13, 1995). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Dec. 2, 1994). BISMUTH: MW New York dealer US$3.90-4.10 per lb. (Dec. 23, 1994). …


NEWS ROUNDUP — Aur repays bank debt

Base metal miner Aur Resources (TSE) has repaid the outstanding bank debt of $28.4 million that was incurred to fund its share of development costs at the Louvicourt copper-zinc-gold mine in Val d’Or,…


NEWS ROUNDUP — Blue Emerald eyes yellow metal

Having undergone management changes and having opted against buying an opal project in British Columbia, Blue Emerald Resources (VSE) is ready to begin exploring for gold. While it reviews several pro…


Conference set for Ethiopian city

A conference and exhibition on “mineral investment opportunities in Ethiopia” is set for Feb. 14-16 in Addis Ababa. The morning of the first day of the conference will feature talks on various topics,…



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