Kap reaches deal with Canadian potash producers
A consortium of Canadian potash producers has agreed to participate in the Yolanda Natural Nitrates project in Chile, owned by Kap Resources (VSE). The consortium, which includes Potash Corp. of Saska…
News
More gold produced at Siwash
Siwash North will probably never make the top-ten list of Canadian gold mines, but the British Columbian operation is proving to be a jewel box for owner Fairfield Minerals (TSE). Situated near Merrit…
Patrician adds to Ghanaian holdings
Alberta-listed Patrician Gold Mines is acquiring two additional gold exploration properties in Ghana. As a result, the junior will hold three concessions in the West African country, covering 150 sq. …
Metall to explore Joutel property
Base metal miner Metall Mining (TSE) will earn a 70% interest in Joutel Resources’ (TSE) Joutel copper project in northwestern Quebec. The 26-claim property hosts the Joutel copper deposit, which oper…
Atlas calls off merger talks
A proposed merger between Atlas (NYSE) and three other mining companies has been nixed. Atlas, which had proposed the merger, informed the three that it no longer wants to proceed. The companies inclu…
Arequipa acquires Peruvian company
A joint venture between Arequipa Resources (VSE) and Peruvian-based Acuarios Minera y Exploradora has culminated in a merger. Arequipa increased its interest in the Peruvian company to 100% by issuing…
Inco plans production push
Strong demand for nickel has Inco (TSE) planning to increase output in 1995 by some 85 million lb. to 430 million lb. Problems in Russia, at the huge Norilsk operation and with declining domestic cons…
Tri Origin active in Australia, Ontario
Having many projects at various stages of exploration and within diverse geological terrains is one way that junior companies can reduce the risks involved with mineral exploration. It is a strategy b…
Fortune encouraged at Yellowknife play
Mapping and sampling on Fortune Mineral’s (CDN) polymetallic NICO claim group northwest of Yellowknife, N.W.T., has yielded significant results. Mapping traced the No. 1 zone for 300 metres along stri…
Platinum demand rising but surplus to remain
World demand for platinum will rise by 7% this year to a new peak of 4.3 million oz., but it will not be sufficient to overcome the supply. The prediction was made by metals dealer Johnson Matthey, wh…
Program could augment Joe Mann reserves
Positive drill results are reported from the Joe Mann copper-gold mine south of Chibougamau, Que. Owner Campbell Resources (TSE) reports that the work was carried out at the newly discovered West zone…
FACTS + FIGURES — Car design and metals
More than 30 million passenger cars were produced in North America, Japan and Western Europe in 1993, and more than 360 million cars were in use. The automobile industry is a large-scale consumer of a…